2149 W Division St - Apartments FOR SALE


Chicago, IL 60622- Ukrainian Village
$2,295,000 USD
312-342-8938
2149 W Division St, Chicago, IL for Sale
$2,295,000 USD
Apartments - FOR SALE
1/12
null | 6.45% Cap Rate

2149 W Division St
Chicago, IL 60622
Ukrainian Village


HIGHLIGHTS

  • Prime Turnkey Income & Stable Long-Term Retail Tenant: The asset provides immediate, reliable cash flow with zero needed capital expenditure
  • Outstanding Yields & Value-Add Potential: Projected 10-year leveraged IRR of ~15%, strong day-one cash flow and long-term appreciation.
  • Unbeatable Wicker Park / Ukrainian Village Location: Situated along the high-foot-traffic commercial corridor of Division Street.

OVERVIEW

2149 W. Division Street features five luxury-renovated apartments plus a long-term retail tenant, offering turnkey income in a prime Wicker Park location. This modern, well-maintained building ensures stable cash flow and long-term upside in one of Chicago’s top neighborhoods.

FOR SALE DETAILS

PRICE

$2,295,000 USD

PRICE/SF

$402 USD /SF

# OF UNITS

6

PRICE/UNIT

$382,500

CAP RATE

6.45%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1904

PARKING SPACES

3

LAND DETAILS

LAND ACRES

0.08 AC

LAND SF

3,485 SF

ZONING

B3-2

APN/PARCEL ID

17-06-302-004-0000

ASK ABOUT THIS PROPERTY

Brian MooreARNI Realty IncorporatedMore Info
312-342-8938

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Brian MooreARNI Realty IncorporatedMore Info
312-342-8938

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