2448-50 N Clybourn Avenue

Chicago,IL 60614

$ 6799000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12026011

Year Built 2019

Annual Tax Amount $133,725

Tax Year 2021

Lot Dimensions 79X150

Property Description

Impeccable all brick, 2019 build, 12 unit apartment building in Lincoln Park. Built by an experienced builder with over 30 years experience building in the Chicagoland area. Built as a condo building, this property was finished to the highest quality, including quartz counters, stainless appliances, fire places, in-unit washer/dryer, garage parking and rooftop decks. Fantastic rental units, never vacant. Turn key property. The seller has never allowed pets, so the units have stayed in fantastic condition. // $586,500 Gross Yearly Rental Income // 5.63% CAP Rate // Upside Potential Bringing Rents to Market Rates (Number of long term tenants)

Location

State IL

County Cook

Interior

Cooling Central Air

Fireplaces Number 12

Fireplace Y

Exterior

View Y/N true

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