2842-2844 W Fletcher St | Chicago, IL 60618
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- LoopNet Team
2842-2844 W Fletcher St
Chicago, IL 60618
Multifamily Property For Sale
·
13 Units
Investment Highlights
- Rarely available Avondale apartment
- Opportunity to improve the property by modernizing common areas, making cosmetic updates to interiors, and adding in-unit laundry in remaining units
- Market CAP Rate: 5.71%
- Several units are rented to long-term tenants for significantly below-market rents
- Market GRM: 10.13
Property Facts
| No. Units | 13 | Lot Size | 0.14 AC |
| Property Type | Multifamily | Building Size | 9,550 SF |
| Property Subtype | Apartment | Average Occupancy | 95% |
| Apartment Style | Low-Rise | No. Stories | 3 |
| Building Class | C | Year Built | 1924 |
| Zoning | R-3, Chicago | ||
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 9,550 SF |
| Average Occupancy | 95% |
| No. Stories | 3 |
| Year Built | 1924 |
| Zoning | R-3, Chicago |
Amenities
Site Amenities
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | - | 700 |
| 2+1 | 3 | - | 850 |
Property Taxes
| Parcel Number | 13-25-104-027-0000 | Improvements Assessment | $108,550 |
| Land Assessment | $38,750 | Total Assessment | $147,300 |
Property Taxes
Parcel Number
13-25-104-027-0000
Land Assessment
$38,750
Improvements Assessment
$108,550
Total Assessment
$147,300
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