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Updated over 9 years ago on . Most recent reply

User Stats

91
Posts
16
Votes
Serena Ocenas
  • Real Estate Professional
  • Chicago, IL
16
Votes |
91
Posts

Wicker Park (Chicago) 6 unit APT Building 7.5% cap rate!!

Serena Ocenas
  • Real Estate Professional
  • Chicago, IL
Posted

Vintage brick and terra cotta 3-story building. Legal 6-unit Mixed use consists of 5 residential apartments. 1st floor live/work space (700 SF retail plus 1 BR apartment) Fully occupied building generates $7750 monthly cash flow after expenses!  Below market rents provide buyer opportunity to raise rents to increase return includes new roof and full basement with shared laundry. All gas and electric meters separate. 

High traffic location on Ashland between North and Milwaukee/Division Easily accessible to public transportation, and 2 blacks from Blue Line.

Please call me at 224-226-1801

Thanks,

Serena

Offering

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