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1601 W Garfield Blvd
Chicago, IL 60636
Multifamily Property For Sale
·
15 Units
Investment Highlights
- $45.2K/Unit
- [6] 1-Bed | 1-Bath Units [8] 2-Bed | 1-Bath Units [1] 4-Bed | 1-Bath Unit [6] Commercial Units
- Current GRM of 6.1 and projected at 4.1
- The residential portion of the property is fully occupied and 4 out of the 6 commercial units are currently occupied.
- Located at the corner of W Gar{eld Blvd & Ashland Ave
- Current rents below market with potential to increase to $825 (1-Beds), $1,025 (2-Beds), $1,650 (4-Bed), & $1,350 (Commercial)
Property Facts
| No. Units | 15 | Lot Size | 0.19 AC |
| Property Type | Multifamily | Building Size | 23,214 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built | 1911 |
| Building Class | C | ||
| Zoning | B3-2 - Mix of commercial and residential uses | ||
| No. Units | 15 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 23,214 SF |
| No. Stories | 3 |
| Year Built | 1911 |
| Zoning | B3-2 - Mix of commercial and residential uses |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+1 | 8 | - | - |
| 4+1 | 1 | - | - |
Property Taxes
| Parcel Number | 20-18-207-007-0000 | Improvements Assessment | $77,573 |
| Land Assessment | $7,838 | Total Assessment | $85,411 |
Property Taxes
Parcel Number
20-18-207-007-0000
Land Assessment
$7,838
Improvements Assessment
$77,573
Total Assessment
$85,411
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