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

Multifamily Property For Sale

3935-45 W. Division

3935-45 W. Division, Chicago, IL 60651

Price:
$1,150,000
No. Units:
34
Price/Unit:
$33,823.53
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
12%
Gross Rent Multiplier:
4.50
Occupancy:
50%
Lot Size:
15,500 SF
Find Out More...

Last Verified 10/3/2009 Listing ID 16281970

Description

41 units- 7 units have been sold as condo's- 34 units available to purchase- 30 two bedroom, two bathroom apartments + 4 commercial storefronts-
18 units are currently occupied- 12 units need work to be rent ready (carpet, painting and appliances) Building is in great shape- All units have individual heat-

West chicago- Area has decent mixture of Residential and Commercial properties- Small strip center with a Dunkin Donuts opened recently just east of the property on Division-

Financial Summary

Actual
Net Operating Income
$138,000

Map of 3935-45 W. Division, Chicago, IL 60651 (Cook County)

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Eric Janssen (773) 327-9300 Ext: 203

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Created 6/16/2009

Additional Information for 3935 W Division Street, Chicago, IL 60651

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 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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Nearby Recently Sold Multifamily propertiesSearch all recently sold commercial real estate

Garden/Low-Rise
Sold 4Q 2005
Garden/Low-Rise
Sold 4Q 2004
Garden/Low-Rise
Sold 1Q 2006
Garden/Low-Rise
Sold 1Q 2009
Garden/Low-Rise
Sold 3Q 2004

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 - 3935-45 W. Division

3935-45 W. Division, Chicago, IL, 60651