$1,350,000 $7,247 est/mo Sourced by Back At You

4249 W Division Street,Chicago, IL 60651

Chicago IL, 60651

Share with a friend

Description

We are pleased to present a unique 14-unit multifamily opportunity located in the desirable Humboldt Park neighborhood of Chicago's West Side. The unit mix consists (2) Retail, (6) 1 Bedroom, (6) 2 Bedroom units. All units are very spacious with separate dining rooms, living rooms, and kitchens, plus an abundance of closet space. The building has a beautiful courtyard with (4) additional enclosed garage spaces and room for at least (4) outdoor spots. Recent capital improvements consist of new water tanks, newer porches, new windows, new booster pump, tuckpointing, recently poured concrete around building, boiler to be good through 2037, updated electrical, and a newer electrical gate that encloses the courtyard. This property is located in one of Chicago's top Up-And-Coming Neighborhoods. This is a great opportunity for a savvy investor. Current low in place rents that can be increased significantly. Humboldt Park showed a 12% rental increase from 2022 and that trajectory will progress as the city continues to develop this West Side neighborhood.

Details

MLS#11995303
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive
Year1928
Days On Site76
Listing Provided BySperry Van Ness | Priya Patel

Features

Story(s)3
Units14

Market Activity 60651

The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MRED. All Rights Reserved.

Request a showing

Request a showing

Loading Form
Listings Checked: 3 minutes ago
StateIL
CountyCook
CityChicago
Zip Code60651
AreaCHI - Humboldt Park
Listing VS Median (in 60651)
Price:
$1,350,000
low | high
Med:
$350,000
100% of Average
On Site:
76
low | high
Med:
19
100% of Average
Sourced by Back At You
Listing Updated: May 1, 2024 at 7:02:28 PM PDT