Chicago, IL 60660 1615 W Highland Avenue
$3,270,000
6 more
Presented By: Trelleum LLC
Beds • 13
Home Details
Investment opportunity 6 cap to own a rare turnkey 13 unit brick building with coach house and garages on oversized lot in hot Edgewater neighborhood. Mix of bed/bath counts all occupied and renovated in last couple years. In addition to new roof and hot water heaters apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near university, restaurants, retail, lake and more. Some value add opportunities. Cash flowing asset. Contact agent for more photos. Additional properties for sale in portfolio. Please send POF and sign NDA for financials.
Presented By: Trelleum LLC
Interior Features for 1615 W Highland Avenue
Other Interior Features
Street SuffixAvenue
General for 1615 W Highland Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CountyCook
DirectionsA block west off Clark Street and a block south of Devon Ave
Electric Expense1
Fuel Expense1
Gross Income340000
Insurance Expense1
Lot Size Square Feet12751
MLS AreaCHI - Edgewater
MaintenanceExpense1
Net Operating Income1
Number Of Units Total13
Operating Expense1
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount36989
Tax Year2022
Tenant PaysAir Conditioning, Electricity, Heat
Trash Expense1
Water Sewer Expense1
Year Built1917
Exterior for 1615 W Highland Avenue
Lot Dimensions66 X 176
Additional Details
Price History
