4359 W West End Ave - Multi-Family FOR SALE


Chicago, IL 60624- West Garfield Park
$2,800,000 USD
773-251-8963
4359 W West End Ave, Chicago, IL for Sale
$2,800,000 USD
Multi-Family - FOR SALE
1/18
null | 8.18% Cap Rate

4359 W West End Ave
Chicago, IL 60624
West Garfield Park


HIGHLIGHTS

  • Stabilized & Fully Rented
  • All apartments have been remodeled with modern kitchens and bathrooms.Hardwood floors throughout living area and bedrooms
  • 800 Amp electrical service
  • Water heaters replaced in 2023
  • Located within an opportunity zone
  • AHSAP 35% tax reduction applied

OVERVIEW

Outstanding, turnkey, previously fully rehabbed, fully rented, Garfield Park 18-unit apartment building in prime location with 8.2% cap rate on 75x150 foot corner lot with RT-4 zoning. Building consists of 6 three-bedroom and 12 two-bedroom apartments. All apartments have been remodeled with modern kitchens and bathrooms. Hardwood floors throughout living area and bedrooms. 800 Amp electrical service! Water heaters replaced in 2023. Easy street parking. Fantastic location is close to Tilton Elementary School, Garfield Park Conservatory, ponds, gardens, and athletic facilities, Pulaski CTA Green & Blue Line stops, and 290 Expressway. Five miles to Chicago Loop. Each unit has its own individual gas forced air furnace. Tenants pay for electric and heat. Cashless laundry on site provides additional income. Located within an opportunity zone. AHSAP 35% tax reduction applied.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$161 USD /SF

# OF UNITS

18

PRICE/UNIT

$155,556

CAP RATE

8.18%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4357 W West End Ave.

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1901

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.26 AC

LAND SF

11,250 SF

ZONING

RT-4

APN/PARCEL ID

16-10-418-001-0000

ASK ABOUT THIS PROPERTY

Mike FrankKeller Williams Preferred RealtyMore Info
773-251-8963

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Mike FrankKeller Williams Preferred RealtyMore Info
773-251-8963

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