3501 W Palmer St - Multi-Family FOR SALE


Chicago, IL 60647- Logan Square
$779,000 USD
773-570-0318
3501 W Palmer St, Chicago, IL for Sale
$779,000 USD
Multi-Family - FOR SALE
1/26
null | 8.07% Cap Rate

3501 W Palmer St
Chicago, IL 60647
Logan Square


HIGHLIGHTS

  • Legal-4 unit building in an appreciating corridor of Logan Square with significant cash flow in-place.
  • All units have furnaces and the large 4 bed / 1 bath duplex has central air conditioning.

OVERVIEW

Introducing an exceptional investment opportunity located in the vibrant city of Chicago. This multifamily property features a 3,200 square foot low-rise garden-style building consisting of 4 units, each offering a combination of modern comfort and functionality. With its well-designed layout and attractive features, this property presents a lucrative opportunity for multifamily investors seeking a prime asset in a high-demand rental market. The strategic location and desirable architectural style make this property an enticing prospect for investors looking to expand their portfolio with a profitable asset with strong cash flow.

FOR SALE DETAILS

PRICE

$779,000 USD

PRICE/SF

$250 USD /SF

# OF UNITS

4

PRICE/UNIT

$194,750

CAP RATE

8.07%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1897

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,052 SF

ZONING

-

APN/PARCEL ID

13-35-219-015-0000

ASK ABOUT THIS PROPERTY

Philip LeighEssex 312, LLCMore Info
773-570-0318

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Philip LeighEssex 312, LLCMore Info
773-570-0318

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