Roscoe Village 4 Flat Is Priced To Sell


Listing Broker's property remarks:
NICE INCOME PRODUCING 4 FLAT ON CORNER LOT IN SOLID ROSCOE VILLAGE NEIGHBORHOOD. KEEP AND RENT OR TEAR DOWN AND BUILD A NEW SINGLE FAMILY OR REHAB IT. NICE TALL BUILDING, EASY TO RENT, ALL SEPARATE UTILITIES, $1.5MM + HOUSES ACROSS STREET AND WITHIN A BLOCK. EASY TO RENT, NEVER VACANT. FULL WALKING 1200 SQ FT ATTIC WITH NO NEED TO DORMER, REMNANTS OF AN ATTIC ROOM AND A FRONT GARDEN UNIT. WOULD NEED APPROVAL TO ADD MORE SPACE IN ATTIC PER RS3 ZONING.

Brent Hall +client service notes:
A rare opportunity in the current market to purchase an income property, in a solid Chicago north side neighborhood, that produces reasonable positive cash flow. At 11.75 times the gross rent, it's priced below many recent comparable sales. The bidding wars for multifamily buildings in Chicago continue.

$719,000

3224 N. Hoyne Ave. Chicago, IL 60618

Type:  Multifamily 4 unit
Lot Size:  25' x 120'
Assessments:  n/a
Taxes:  $8,169.60
County:  Cook
Gross Income: $61,200
Unit 1: 4 room / 2 bed / 1 bath
Unit 2: 4 room / 2 bed / 1 bath
Unit 3: 4 room / 2 bed / 1 bath
Unit 4: 4 room / 2 bed / 1 bath
Neighborhood: Roscoe Village


Contact Brent Hall to discuss buying and selling real estate in Chicago. Direct 312-725-6171.


Listing Courtesy of @properties
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