Address
2448-50 N Clybourn Avenue, Chicago, IL
Price
$ 6,799,000
Property Attributes
- MLS#12026011
- TypeMulti-Family
- CountyCOOK
- CityChicago
- AreaCHI - Lincoln Park
- NeighborhoodLincoln Park
- Zip60614
- StyleMulti-Family
- Year Built2019
- Taxes$ 133725
- Price$ 6,799,000
- Bedrooms14
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
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)
| Price History | |
|---|---|
| 4/10/2024 | Listed $6,799,000 |
General Features
| Cooling | Central Air |
|---|---|
| Possession | Closing |
| Year Built | 2019 |
| Electric | Circuit Breakers |
| Tenant Pays | Air Conditioning,Electricity,Heat,Hot Water |
| Stories | 4 |
| Township | Lake View |
| Tax Year | 2021 |
| Current Use | Multi-Family |
| Gross Income | 586500 |
| County | Cook |
| Net Operating Income | 389610 |
| Operating Expense | 196890 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | Fullerton to Clybourn,North to 2450 |
| City | Chicago |
| Total Units | 12 |
| MLS Area | CHI - Lincoln Park |
| Street Name | Clybourn |
| Tax Annual Amount | 133725 |
| Additional Parcels Y/N | No |
| Days on Market | 6 |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
Interior Features
| Total Fireplaces | 12 |
|---|---|
| Street Suffix | Avenue |
Exterior Features
| Lot Dimensions | 79X150 |
|---|---|
| Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Multi-Family Average in 60614
Price
Taxes
Visits
Year Built
