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Browse More Listings in Multifamily For Sale, Chicago, IL or Illinois

Multifamily Property - Off Market

Division Mixed-Use

2540 W. Division, Chicago, IL 60622

Price:
N/A
No. Units:
3
Building Size:
5,625 SF
Property Type:
Multifamily
Property Sub-type:
Duplex/ Triplex/ Fourplex
Additional Sub-types:
Street Retail
Special Purpose (Other)
Property Use Type:
Investment
Commission Split:
2.5%
Cap Rate:
7.20%
Gross Rent Multiplier:
13.85
Occupancy:
100%
No. Stories:
3
Year Built:
1912
Lot Size:
3,125 SF

Last Verified 7/26/2007 Listing ID 14713065

Highlights

Great Division Commercial Corridor location
Separate Utilities/low expense building
Recently rehabbed residential units with owner quality finishes.

New roof/mechanicals
Fully rented.
Desirable Vintage Greystone w/huge 2700+retail space

Description

Glorious Vintage Greystone mixed-use in heart of Division Commercial Corridor. Previously owner-occupied recent rehab building is anchored by 2700+ sf space w/M1 zoning (allows rest/bar/office) plus full basement. 2 Residential 3br/2ba units feature in-unit laundry,new oak hdwf, 9'ceil,oak cabs, walk-in closets, separate heat/ac, steel sundecks. Fully occupied. Seller may assist with closing costs/financing and new glass/aluminum storefront facade.

Division Commercial Corridor. West of Western ave in West Town.

Map of 2540 W. Division, Chicago, IL 60622 (Cook County)

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Created 7/19/2006

Additional Information for 2540 W Division Street, Chicago, IL 60622

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 1 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Division Mixed-Use

2540 W. Division, Chicago, IL, 60622