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3217 N Kildare Ave
Chicago, IL 60641
Multifamily Property For Sale
·
6 Units
EXECUTIVE SUMMARY
3217–3221 N. Kildare is a 6-unit multifamily asset offered as part of the Gary R. Carlson Northwest Side Portfolio, located in Chicago’s Irving Park neighborhood. The building features six residential units, consisting of two 1-bedroom apartments and four 2-bedroom apartments, creating a practical and well-balanced mix for this high-demand rental area. Built in 1929 with 5,600 rentable square feet, the property offers a classic brick façade, separate tenant-paid utilities, and a clean, efficient layout. While the asset has been consistently maintained, it presents a clear opportunity for value creation through unit updates and modernization. Situated on a quiet residential block near public transit, major thoroughfares, and neighborhood amenities, the property provides stable income with long-term upside potential in a desirable North Side location. RS-3 Zoning.
PROPERTY FACTS
| Price Per Unit | $160,000 | Apartment Style | Low-Rise |
| Sale Type | Investment | Building Class | C |
| Cap Rate | 4% | Lot Size | 0.10 AC |
| Sale Condition | Bulk/Portfolio Sale | Building Size | 6,450 SF |
| Gross Rent Multiplier | 10.6 | Average Occupancy | 67% |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1929 |
| Property Subtype | Apartment | ||
| Zoning | RS-3 - RS-3 Zoning | ||
| Price Per Unit | $160,000 |
| Sale Type | Investment |
| Cap Rate | 4% |
| Sale Condition | Bulk/Portfolio Sale |
| Gross Rent Multiplier | 10.6 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 6,450 SF |
| Average Occupancy | 67% |
| No. Stories | 2 |
| Year Built | 1929 |
| Zoning | RS-3 - RS-3 Zoning |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Tenant Controlled HVAC
- Trash Pickup - Curbside
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 2 | - | 800 |
| 2+1 | 3 | - | 1,000 |
PROPERTY TAXES
| Parcel Number | 13-22-435-001-0000 | Improvements Assessment | $50,963 |
| Land Assessment | $19,314 | Total Assessment | $70,277 |
PROPERTY TAXES
Parcel Number
13-22-435-001-0000
Land Assessment
$19,314
Improvements Assessment
$50,963
Total Assessment
$70,277
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