Contingent
$1,369,000

2253 N Magnolia Avenue
Chicago, IL 60614

Multi-Family
Residence
9
Beds
5
Baths
N/A
Acre Lot
1of
Photos
Map
Courtesy: @properties
CB Today> Illinois> Chicago> 60614
Lincoln Park / DePaul brick 3 flat + 3 level coach house - first time on the market in 27 years, this building is perfect for an investor or someone who wants to live in the coach house with the other 3 units offsetting their mortgage payment. Tenants pay their own utilities. Units rent very easily, and there is room in the rents for an increase. Gross income of $8,825 per month with a cap rate of ~5.5%. Taxes $24,137. Insurance $3231 Utilities $1748 (water & electric). No garage/parking but VERY easy street parking. Coach house is 3 levels with 2 bedrooms and full bath upstairs, Kitchen / DR/ LR on main floor and bedroom, bathroom, laundry room / mechanicals on 1st floor. CH - new windows (2012) newer kitchen, new roof (2015) Tuckpointing 2015. The 3 unit building in front is easy to rent and has an unfinished basement with storage and shared coin laundry. 3 flat has storage and shared laundry in the basement. All of the units have been updated over the years - ask agent for a copy of the upgrades (including kitchens/baths/window/hot water heaters, etc).
11037647
Multi-Family, Other
9
Cook
5 Full
1884
Lake Michigan,Public
Brick
Public Sewer
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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