Address
1615 W Highland Avenue, Chicago, IL
Price
$ 3,295,000
Property Attributes
- MLS#12005899
- TypeMulti-Family
- CountyCOOK
- CityChicago
- AreaCHI - Edgewater
- NeighborhoodEdgewater
- Zip60660
- Style
- Year Built1917
- Taxes$ 19832
- Price$ 3,295,000
- Bedrooms13
- Full Bathrooms0
- Half Bathrooms0
- Lot Size12,751 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Investment opportunity 6% cap to own a rare turnkey 13 unit brick building with coach house and garages on oversized lot in hot Edgewater neighborhood. Mix of bed/bath counts all occupied and renovated in last 2 years. In addition to new roof and hot water heaters apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near university, restaurants, retail, lake and more. Some value add opportunities. Cash flowing asset. Additional properties for sale in portfolio. More photos and info forthcoming. Please send POF and sign NDA for financials.
| Price History | |
|---|---|
| 3/26/2024 | Listed $3,295,000 |
General Features
| Construction Materials | Brick |
|---|---|
| Year Built | 1917 |
| Tenant Pays | Air Conditioning,Electricity,Heat |
| Stories | 3 |
| Tax Year | 2022 |
| Gross Income | 1 |
| County | Cook |
| Net Operating Income | 1 |
| Operating Expense | 1 |
| Insurance Expense | 1 |
| Property Type | Commercial Sale |
| MaintenanceExpense | 1 |
| Status | Active |
| Directions | A block west off Clark Street and a block south of Devon Ave |
| City | Chicago |
| Total Units | 13 |
| MLS Area | CHI - Edgewater |
| Lot Size Square Feet | 12751 |
| Street Name | Highland |
| Tax Annual Amount | 19832 |
| Electric Expense | 1 |
| Fuel Expense | 1 |
| Trash Expense | 1 |
| Water Sewer Expense | 1 |
| Additional Parcels Y/N | No |
| Days on Market | 16 |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
Interior Features
| Street Suffix | Avenue |
|---|
Exterior Features
| Lot Dimensions | 66 X 176 |
|---|
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 60660
Price
Taxes
Visits
Year Built
