1244 N Cleaver | Chicago, IL 60642
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- LoopNet Team
1244 N Cleaver
Chicago, IL 60642
Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Appealed property taxes with the Board of Review and the assessed value for 2023 has been reduced from $120,621 (2022) to $96,056.
- Unfinished Attic. Potential to duplex up.
- Assumable loan allows for additional cash flow year 1 with a rate of 4.65% and maturity date of 8/1/2025 with a balance of $815,000. Loan is with FNMA
PROPERTY FACTS
| No. Units | 6 | Building Size | 4,200 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1890 |
| Building Class | C | Parking Ratio | 0.48/1,000 SF |
| Lot Size | 0.07 AC | ||
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 4,200 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1890 |
| Parking Ratio | 0.48/1,000 SF |
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Heating
- Granite Countertops
- Hardwood Floors
- Stainless Steel Appliances
SITE AMENITIES
- Courtyard
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $2,010 | 700 - 750 |
PROPERTY TAXES
| Parcel Number | 17-05-123-022-0000 | Improvements Assessment | $82,383 |
| Land Assessment | $23,281 | Total Assessment | $105,664 |
PROPERTY TAXES
Parcel Number
17-05-123-022-0000
Land Assessment
$23,281
Improvements Assessment
$82,383
Total Assessment
$105,664
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