850 W Margate Ter | Chicago, IL 60640
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- LoopNet Team
850 W Margate Ter
Chicago, IL 60640
Multifamily Property For Sale
·
28 Units
INVESTMENT HIGHLIGHTS
- Mix of Studio, One Bedroom and Two Bedroom Units
- Residential Street & Close Proximity to Lake Michigan Lakefront
- Twenty-One (21) Association Owned Parking Spots
- Rental Upside As-Is or Through Renovations
- Recent Replacement of Boiler, Domestic Hot Water Heater, Elevator Cylinder
- Majority Position (73%) Conducive to Future Section 15 Deconversion Sale
PROPERTY FACTS
| No. Units | 28 | Lot Size | 0.23 AC |
| Property Type | Multifamily | Building Size | 30,000 SF |
| Property Subtype | Apartment | No. Stories | 5 |
| Apartment Style | Mid-Rise | Year Built | 1973 |
| Building Class | C | ||
| Zoning | RM-6.5 - Residential Multi-Unit District | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.23 AC |
| Building Size | 30,000 SF |
| No. Stories | 5 |
| Year Built | 1973 |
| Zoning | RM-6.5 - Residential Multi-Unit District |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Hardwood Floors
SITE AMENITIES
- Fenced Lot
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 10 | - | - |
| 1+1 | 15 | - | - |
| 2+1 | 2 | - | - |
| 2+2 | 1 | - | - |
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