2903 N Linder Ave - Apartments FOR SALE


Chicago, IL 60641- Cragin
$899,900 USD
773-934-8898
2903 N Linder Ave, Chicago, IL for Sale
$899,900 USD
Apartments - FOR SALE
1/18
null | 7.87% Cap Rate

2903 N Linder Ave
Chicago, IL 60641
Cragin


HIGHLIGHTS

  • 6 Unit Corner Building
  • Same Owner for 40 years
  • Fully Rented
  • 3 Car Garage
  • 2 Brand New Boilers

OVERVIEW

Proudly owned by the same owner for over 40 years, this fully rented corner 6-unit building presents an outstanding investment opportunity. The property features exceptionally spacious one bedroom, one bath units, each with the potential to function as a two-bedroom, as the oversized dining rooms have been utilized as second bedrooms by the tenants. A full unfinished basement offers excellent potential for additional value, including the possibility of duplex-down units. The property also includes a rare 3-car brick garage. Whether you're looking to expand your portfolio or unlock future upside, this well-maintained building offers strong income with significant value-add potential. Ideally located in the highly sought-after Belmont Cragin neighborhood. Property is being sold as-is.

FOR SALE DETAILS

PRICE

$899,900 USD

PRICE/SF

$100 USD /SF

# OF UNITS

6

PRICE/UNIT

$149,983

CAP RATE

7.87%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

2903 N. Linder Ave. Chicago IL 60641

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,126 SF

ZONING

MF

APN/PARCEL ID

13-28-118-018-0000

ASK ABOUT THIS PROPERTY

Peter FotopoulosBaird & WarnerMore Info
773-934-8898

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Peter FotopoulosBaird & WarnerMore Info
773-934-8898

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