Chicago, IL 60618 2250 W Berteau Avenue
$4,000,000
14 more
Presented By: FairGreen Real Estate LLC
Beds • 3
Home Details
Rare opportunity to acquire this 16-unit walk-up brick building in the highly stable neighborhood of North Center. Unit mix comprised of (15) 2 bedrooms and (1) one bedroom units. This property has been extremely well maintained by current ownership and has recently rehabbed most units with Quartz/Granite countertops and stainless steel appliances. Updates also include new roof and porches. All units have forced air. New coin operated laundry in basement for extra income. Transportation includes buses and Trains. Short distance to Welles and Horner Park, Mariano's, Jewel-Osco and many bars and restaurants on Lincoln Ave. No work needed, just sit back, and collect the rent.
Presented By: FairGreen Real Estate LLC
General for 2250 W Berteau Avenue
Additional Parcels Y/NNo
Cap Rate6.8
CityChicago
Construction MaterialsBrick, Concrete
CoolingCentral Air
CountyCook
Current UseMulti-Family
DirectionsNORTH ON OAKLEY FROM IRVING PARK ROAD TO PROPERTY
ElectricCircuit Breakers
Electric Expense1068
Fuel Expense948
Gross Income314940
Insurance Expense8351
MLS AreaCHI - North Center
MaintenanceExpense
ModificationTimestamp2025-06-08T19:35:01.582Z
Net Operating Income272719
Number Of Units Total16
Operating Expense45221
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofReflective Coating, Rubber
Standard StatusActive
StatusActive
Stories3
Tax Annual Amount27002
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat, Hot Water
TownshipLake View
Trash Expense3300
Water Sewer Expense4410
Year Built1919
ZoningOTHER
Exterior for 2250 W Berteau Avenue
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions60 X 125
Additional Details
Price History
