1303-1309 1303-1309 N Western Ave - Multi-Family FOR SALE


Chicago, IL 60622- Wicker Park
$1,900,000 USD
773-477-4455
1303-1309 1303-1309 N Western Ave, Chicago, IL for Sale
$1,900,000 USD
Multi-Family - FOR SALE
1/9
null | Request Cap Rate

1303-1309 1303-1309 N Western Ave
Chicago, IL 60622
Wicker Park


OVERVIEW

Rare value-add opportunity in Wicker Park! 3 building portfolio includes additional 108x24 C2-2 Lot. Ready for gut rehab or redevelopment. 1305 Is a jumbo 3 unit with 3 story coach building in the rear. Buildings run lot-line to lot-line. Includes one commercial unit on ground floor, with additional rear unit space behind. Second and third floors are large, tall, 3 bedroom units. 3 story coach building in the rear. First and second floors are ~650 sqft units with very high ceilings. 3rd floor was a non-conforming unit ready to duplex to second floor unit. 1309 Is a Jumbo 3 unit with garage and outdoor space in the rear. units are ~1,000sq ft 3 bedrooms. 1303 is a vacant lot, ~108x24 zoned C2-2 This is a rare opportunity to acquire a portfolio of the few remaining value-add jumbo brick buildings in Wicker Park, along with a prime development site on Western ave directly adjacent to Roberto Clement High School as well as Diego Elementary School.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$238 USD /SF

# OF UNITS

9

PRICE/UNIT

$211,111

CAP RATE

Request Cap Rate

% LEASED

0%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Rare Wicker Park Value-Add Opportunity

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1899

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,783 SF

ZONING

C2-2

APN/PARCEL ID

17-06-114-020-0000,17-06-114-021-0000,17-06-114-022-0000

ASK ABOUT THIS PROPERTY

Charlie BerksonS. Hansen Realty Inc.More Info
773-477-4455

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Charlie BerksonS. Hansen Realty Inc.More Info
773-477-4455

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.