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2209 N Mango Ave
Chicago, IL 60639
Multifamily Property For Sale
·
5 Units
Executive Summary
Exceptional investment opportunity in Belmont-Cragin area. Recently rehabbed 5-unit building of which 4 of the 5 units have 3BR, 1Bth and 0ne unit has 2BR, 1Bth. Excellent income producing building. There is an opportunity to add ADU with Plumbing and Electric already roughed in. It has 4-car detached garage. All units have separate HVAC and tankless water heater. All units are currently leased. Tenants pay gas, and electric.
Property Facts
| Price Per Unit | $289,800 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 7.36% | Lot Size | 0.14 AC |
| Gross Rent Multiplier | 11.9 | Building Size | 5,506 SF |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1927 |
| Property Subtype | Apartment | ||
| Zoning | RS-3 - Residential single unit district | ||
| Price Per Unit | $289,800 |
| Sale Type | Investment |
| Cap Rate | 7.36% |
| Gross Rent Multiplier | 11.9 |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 5,506 SF |
| No. Stories | 3 |
| Year Built | 1927 |
| Zoning | RS-3 - Residential single unit district |
Amenities
Unit Amenities
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Tub/Shower
Site Amenities
- 24 Hour Access
- Tenant Controlled HVAC
- Recycling
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 10+5 | 5 | - | - |
Property Taxes
| Parcel Number | 13-32-213-018-0000 | Improvements Assessment | $55,438 |
| Land Assessment | $11,563 | Total Assessment | $67,001 |
Property Taxes
Parcel Number
13-32-213-018-0000
Land Assessment
$11,563
Improvements Assessment
$55,438
Total Assessment
$67,001
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