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3415 N Seminary Ave
Chicago, IL 60657
Multifamily Property For Sale
·
5 Units
Investment Highlights
- 100% occupied three-flat and two-unit coach house in highly desirable Lakeview location
- Current 2Bd/1Ba rents avg. $1,468/month; Comparable, nearby 2Bd rents avg. $1,850/month; Renovated 2Bds avg. $2025/month
- 0.2 miles south of Wrigley Field and 0.3 miles from the Southport and Belmont CTA stations
- Substantial as-is rental upside and multiple value-add opportunities
- Market GRM & Cap Rate: 10.39 & 5.75% / Renovated GRM & Cap Rate: 10.08 & 6.38%
- Steps from the vibrant Lakeview restaurant and bar scene along Clark Street
Property Facts
| No. Units | 5 | Building Size | 4,840 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 1884 |
| Building Class | C | Parking Ratio | 0.41/1,000 SF |
| Lot Size | 0.07 AC | ||
| Zoning | R | ||
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 4,840 SF |
| Average Occupancy | 100% |
| No. Stories | 4 |
| Year Built | 1884 |
| Parking Ratio | 0.41/1,000 SF |
| Zoning | R |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 3 | $1,468 | - |
| 1+1 | 1 | $1,062 | - |
| 4+2 | 1 | $2,350 | - |
Property Taxes
| Parcel Number | 14-20-412-005-0000 | Improvements Assessment | $64,457 |
| Land Assessment | $27,900 | Total Assessment | $92,357 |
Property Taxes
Parcel Number
14-20-412-005-0000
Land Assessment
$27,900
Improvements Assessment
$64,457
Total Assessment
$92,357
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