1301 W Devon Ave | Chicago, IL 60660
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- LoopNet Team
1301 W Devon Ave
Chicago, IL 60660
100% Occupied Multifamily with NNN Commercial · Multifamily Property For Sale
·
6 Units
INVESTMENT HIGHLIGHTS
- Student housing with current and historical 100% occupancy
- Minimal amount of similar rental product in submarket
- Can be sold alone or in a package with 1244 W Devon and/or 1325 W Devon
- Fully occupied commercial spaces with NNN leases
- Turnkey and cash flowing
PROPERTY FACTS
| No. Units | 6 | Building Size | 10,332 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 2016 |
| Building Class | C | Parking Ratio | 0.33/1,000 SF |
| Lot Size | 0.14 AC | ||
| Zoning | B3-2 | ||
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 10,332 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2016 |
| Parking Ratio | 0.33/1,000 SF |
| Zoning | B3-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer
- Granite Countertops
- Hardwood Floors
- Stainless Steel Appliances
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- Security System
- Bicycle Storage
- Elevator
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 6 | $2,775 | 1,191 - 1,214 |
PROPERTY TAXES
| Parcel Number | 14-05-105-014-0000 | Improvements Assessment | $193,500 |
| Land Assessment | $30,100 | Total Assessment | $223,600 |
PROPERTY TAXES
Parcel Number
14-05-105-014-0000
Land Assessment
$30,100
Improvements Assessment
$193,500
Total Assessment
$223,600
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