3751-3759 N Western Ave | Chicago, IL 60618
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- LoopNet Team
3751-3759 N Western Ave
Chicago, IL 60618
Multifamily Property For Sale
·
14 Units
Investment Highlights
- Rare infill site offering immediate income and long-term growth
- Existing mixed-use building was fully gut rehabbed in 2018 with minimal deferred maintenance or capex required
- Core location in strong rental submarket, located one block from Bell Elementary, a desirable and highly rated K-8 CPS school
- In-place rents offset carry costs during construction; Room to increase rents on a handful of existing units
- B3-3 zoning allows for up to 22 additional dwelling units as-of-right with no parking
- Conveniently accessible with CTA bus stop located in front of the building and I-90/94 located 1.5 miles away
Property Facts
| No. Units | 14 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 24,657 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1931/2016 |
| Building Class | B | ||
| Zoning | B3-2 - General Business District | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.23 AC |
| Building Size | 24,657 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1931/2016 |
| Zoning | B3-2 - General Business District |
Property Taxes
| Parcel Number | 14-19-116-001-0000 | Improvements Assessment | $206,187 |
| Land Assessment | $57,780 | Total Assessment | $263,967 |
Property Taxes
Parcel Number
14-19-116-001-0000
Land Assessment
$57,780
Improvements Assessment
$206,187
Total Assessment
$263,967
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