1959 N Seminary Ave | Chicago, IL 60614
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- LoopNet Team
1959 N Seminary Ave
Chicago, IL 60614
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- 6.9% Cap Rate Including 2021 Projected Tax Bill
- Professionally Designed Renovation with Full Plans & Permits
- Minimal Assessed Value Increase for 2021 Tax Year
- 3 of 5 Leases Through 2024; Multiple Offers/Bidding War on Each Unit During Lease Up
- Large 2, 3 & 4 Bedroom Apartments
- Adjacent to DePaul Campus, Armitage "L" Stop & Shopping District
PROPERTY FACTS
| No. Units | 5 | Lot Size | 0.06 AC |
| Property Type | Multifamily | Building Size | 4,924 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1886 |
| Building Class | C | Parking Ratio | 1.42/1,000 SF |
| Zoning | RT-4, Chicago - Residential Two-Flat, Townhouse and Multi-Unit District | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 4,924 SF |
| No. Stories | 2 |
| Year Built | 1886 |
| Parking Ratio | 1.42/1,000 SF |
| Zoning | RT-4, Chicago - Residential Two-Flat, Townhouse and Multi-Unit District |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 1 | - | - |
| 3+2 | 3 | - | - |
| 4+3 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 14-32-402-006-0000 | Improvements Assessment | $123,042 |
| Land Assessment | $37,200 | Total Assessment | $160,242 |
PROPERTY TAXES
Parcel Number
14-32-402-006-0000
Land Assessment
$37,200
Improvements Assessment
$123,042
Total Assessment
$160,242
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