2442 N Ashland Ave - ASSUMABLE 2.25% FINANCING IN PRIME LINCOLN PA 4 Unit Apartment Building Offered at $1,250,000 at a 6.15% Cap Rate Chicago, IL 60614

Call for offers by 5:00 PM 12/12. No need to wait for interest rates to come down. This is your opportunity to assume a 2.25% fully amortizing loan on a prime Lincoln Park four-unit property consisting of a three unit front building and a coach house in the rear. Current rents provide room for upside, or modernize the units to boost returns further. The unfinished attic has an approximately eleven-foot peak height and may offer additional expansion potential, subject to feasibility. Buyers are encouraged to consult with an architect to explore the possibilities. Secure long-term financing well below current market rates while positioning yourself for appreciation and stronger future cash flow in one of Chicago’s most desirable rental markets. There is no onsite parking due to the coach house in the rear; however, the property benefits from very easy and readily available unzoned street parking throughout the surrounding neighborhood.