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EXECUTIVE SUMMARY
New price! Larger 8 Unit all brick Multi- Family building in up-and- coming Avondale right by South Old Irving Park and the Villa. All eight apartments have 1 Bedroom, 1 Bathroom and Living Rm. Two units have updated kitchens. Currently 7 units are occupied by tenants and 8th unit is currently vacant. Tenants on M/ M basis. Basement is full and has four unfinished parts with mechanicals, coin washer and dryer, all 9 meters and plenty of storage areas. Ages of some of components/ mechanicals per the owner: Newer hot water tank (2015). Newer Furnace (2014). Newer vinyl windows. Mix of copper and galvanized plumbing. Roof: total complete new layer after complete repair was done in (2017). Little backyard. Rent Roll is available in Additional info on MLS. Currently it brings annual rental Income of: $ 143,580! And expenses per the owner are: $ 15,145 plus real estate taxes: $ 16,056 *** SELLERS MOTIVATED. BRING ME AN OFFER *** Convenient location close to Blue line train on Addison St and Expressway I-90. CHECK FINANCIALS FOR RENT ROLL.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $1,299,990 | Building Class | C |
| Price Per Unit | $162,499 | Lot Size | 0.12 AC |
| Sale Type | Investment | Building Size | 4,800 SF |
| No. Units | 8 | Average Occupancy | 95% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1926 |
| Apartment Style | Low-Rise | ||
| Zoning | R3, Chicago | ||
| Price | $1,299,990 |
| Price Per Unit | $162,499 |
| Sale Type | Investment |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 4,800 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1926 |
| Zoning | R3, Chicago |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 8 | - | 600 |
1 1
Walk Score®
Very Walkable (82)
Transit Score®
Excellent Transit (76)
PROPERTY TAXES
| Parcel Number | 13-23-314-001-0000 | Improvements Assessment | $72,441 |
| Land Assessment | $22,359 | Total Assessment | $94,800 |
PROPERTY TAXES
Parcel Number
13-23-314-001-0000
Land Assessment
$22,359
Improvements Assessment
$72,441
Total Assessment
$94,800
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3457-3459 N Ridgeway Ave
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