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- LoopNet Team
1400-1410 W Devon Ave
Chicago, IL 60626
Multifamily Property For Sale
·
39 Units
INVESTMENT HIGHLIGHTS
- Close to Loyola University
- Near Loyola Redline CTA
- Steps to Devon Market
PROPERTY FACTS
| No. Units | 39 | Lot Size | 0.28 AC |
| Property Type | Multifamily | Building Size | 25,959 SF |
| Property Subtype | Apartment | Average Occupancy | 97% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 1927/2013 |
| Zoning | B3-2 | ||
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.28 AC |
| Building Size | 25,959 SF |
| Average Occupancy | 97% |
| No. Stories | 3 |
| Year Built/Renovated | 1927/2013 |
| Zoning | B3-2 |
AMENITIES
UNIT AMENITIES
- Heating
- Oven
- Range
SITE AMENITIES
- Laundry Facilities
- Property Manager on Site
- On-Site Retail
- Public Transportation
ABOUT 1400-1410 W DEVON AVE , CHICAGO, IL 60626
Building completely rehabbed including lobby, stores, and apartments. New roof and the building is in perfect condition. Stores has professional tenants including physical therapy, pharmacy, beauty shop, and a liquor store. They have long term leases. Excellent investment property in super condition. Apartment rent is way below the market commercial rent is professional tenant with long term leases. Physical therapy rent $5,144, pharmacy $2400 going to $2800, Liquor store $3800. Expenses are based on current owner operation, buyer should estimate his own.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 32 | - | 600 |
| 1+1 | 2 | - | 750 |
PROPERTY TAXES
| Parcel Number | 11-32-327-021-0000 | Improvements Assessment | $283,970 |
| Land Assessment | $55,386 | Total Assessment | $339,356 |
PROPERTY TAXES
