3100 N LeClaire Ave - Apartments FOR SALE


Chicago, IL 60641- Cragin
$800,000 USD
630-437-0705
3100 N LeClaire Ave, Chicago, IL for Sale
$800,000 USD
Apartments - FOR SALE
1/25
null | Request Cap Rate

3100 N LeClaire Ave
Chicago, IL 60641
Cragin


OVERVIEW

Excellent entry-level multifamily opportunity for sale on the corner of N Leclaire and W Barry in hot Belmont-Cragin / Belmont Gardens neighborhood. Turnkey, well-maintained, and fully leased. 4-unit investment building also has 2 additional non-confirming garden units. Unit mix: (2) 2-bed/1-bath + (2) 1-bed/1-bath + garden units: (1) 2-bed/1-bath + (1) 1-bed/1-bath Building has two sets of coin operated laundry, 2-car garage in rear (additional rental income potential), and individual boilers on top four units. Units features walk-in closets, pantries and original hardwood floors. Located near Wilbur Wright College, public transit, shopping and amenities, the property boasts strong curb appeal with recent sidewalk and tuck pointing work. Investment has immediate rent-to-market upside with proven rental demand and strong cap-rate upside. Tenant responsible for gas (separate utilities).

FOR SALE DETAILS

PRICE

$800,000 USD

PRICE/SF

$192 USD /SF

# OF UNITS

4

PRICE/UNIT

$200,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

RM-5

APN/PARCEL ID

13-28-204-035-0000

ASK ABOUT THIS PROPERTY

Charles FaberCRE Advising LLCMore Info
630-437-0705

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Charles FaberCRE Advising LLCMore Info
630-437-0705

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