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1474 N Milwaukee Ave 4 Unit Apartment Building $3,600,000 ($900,000/Unit) 7.16% Cap Rate Chicago, IL 60622
Investment Highlights
- Prime Wicker Park Location
- Short Walk to CTA's Damen Blue Line Stop
- Three Apartments One Commercial
- Commercial Occupied by Nationally Recognized Tenant
Property Facts
| Price | $3,600,000 | Apartment Style | Low-Rise |
| Price Per Unit | $900,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.23 AC |
| Cap Rate | 7.16% | Building Size | 9,300 SF |
| Gross Rent Multiplier | 10.01 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1901 |
| Property Subtype | Apartment | Parking Ratio | 0.22/1,000 SF |
| Zoning | B3-2 - Mixed-Use | ||
| Price | $3,600,000 |
| Price Per Unit | $900,000 |
| Sale Type | Investment |
| Cap Rate | 7.16% |
| Gross Rent Multiplier | 10.01 |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 9,300 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1901 |
| Parking Ratio | 0.22/1,000 SF |
| Zoning | B3-2 - Mixed-Use |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | - | - |
| 2+2 | 1 | - | - |
| 4+2 | 1 | - | - |
1 1
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
90/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 17-06-208-004-0000 | Improvements Assessment | $166,906 |
| Land Assessment | $31,094 | Total Assessment | $198,000 |
Property Taxes
Parcel Number
17-06-208-004-0000
Land Assessment
$31,094
Improvements Assessment
$166,906
Total Assessment
$198,000
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1474 N Milwaukee Ave
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