1437 W Superior St - Apartments FOR SALE


Chicago, IL 60642- West Town
$2,015,000 USD
773-849-7084
1437 W Superior St, Chicago, IL for Sale
$2,015,000 USD
Apartments - FOR SALE
1/7
null | 5.86% Cap Rate

1437 W Superior St
Chicago, IL 60642
West Town


HIGHLIGHTS

  • Gut rehabbed in 2023
  • Condo quality units
  • In-unit laundry
  • Dishwashers in-unit
  • Renovated interiors
  • Rent growth potential

OVERVIEW

1437 W Superior St is a 6-unit residential building strategically located in West Town. This gut-rehabbed property features condo-quality units with completely renovated interiors and updated building systems throughout. The unit mix consists of one (1) three-bedroom, two-bathroom unit; one (1) two-bedroom, two-bathroom unit; one (1) two-bedroom, one-bathroom unit; three (3) one-bedroom, one-bathroom units. The building offers significant upside potential for rent growth in a neighborhood where properties rarely become available, creating a unique acquisition opportunity. This well-positioned asset delivers strong income-producing potential.

FOR SALE DETAILS

PRICE

$2,015,000 USD

PRICE/SF

$373 USD /SF

# OF UNITS

6

PRICE/UNIT

$335,833

CAP RATE

5.86%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1940

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,001 SF

ZONING

RS-3

APN/PARCEL ID

17-08-110-001-0000

ASK ABOUT THIS PROPERTY

Davis Edgerly33 RealtyMore Info
773-849-7084

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Davis Edgerly33 RealtyMore Info
773-849-7084

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