Chicago, IL 60622 1913 W Cortland Street
$1,495,000



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Presented By: @properties Christie's International Real Estate
Home Details
Bucktown Residential 5 Unit Improved and Stabilized Full Brick Rental Apartment Building With All Units Under One Roof With Common Laundry + Tenant Storage, Backyard Patio and Garage Parking. Gross Monthly Rental Income Now In Excess of $10,000 Upon Exceptional Spring Rental Market Demand For This Premium Bucktown Location. All Apartments Have Open Living Room, Dining Room and Kitchen Floor Plans And Include 2 Bedroom Layouts As Well As 1 Bedrooms With An Office/Den Space. Apartments Have Recently Renovated Kitchens and Improved Bathrooms and Feature Hardwood Floors Throughout, Oversized Windows, New White Cabinetry With Under Mount Lighting And Brushed Nickel Hardware, Quartz Counters, Single Bowl Stainless Sinks and New Brushed Nickel Faucets, Stainless Steel Appliance Packages, Tile Backsplashes, Upgraded Light Fixtures and Central Heat and A/C. Bathrooms Have Been Upgraded With New Vanities, Medicine Cabinets, Toilets, Vanity Light Fixtures and Acrylic Tub Refinishing. All Apartments Have Individual Utilities and Public Gas Meter For Laundry and 75 Gallon Hot Water Heater. Fully Secured Building With Gated Entry, Newer Concrete Walkways With Floor Drains. New Steel Support Beams Have Been Installed For Vertical Support, Flat Roof With Thermal Plastic Life Extension Application Completed in 2024. Front Facade Power Washed and Full Building Spot Tuckpointed in 2024. Water Mitigation Including Check Valve and Ejector Pit with Pumps Replaced in 2023. Common Laundry Room and Hallways All Painted 2024. Garage rented $225/mo. Street Parking Readily Available and Non-Permitted Along Cortland. Easy Units To Rent As Building Is Steps From Iconic Lottie's Pub, 606 Elevated Running and Biking Trail, Damen Shopping and Restaurant Corridor, Churchill Park, Blue Line Damen Stop and Metra Clybourn Station.
Presented By: @properties Christie's International Real Estate
Interior Features for 1913 W Cortland Street
Other Interior Features
BasementUnfinished, Concrete, Storage Space
Total Fireplaces
Other Rooms
General for 1913 W Cortland Street
Additional Parcels Y/NNo
Cap Rate6.3
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Air
CountyCook
Current UseMulti-Family
DirectionsNorth on Damen East on Cortland
ElectricCircuit Breakers, Separate Meters, Service - 101 to 200 Amps
Electric Expense
Fuel Expense900
Gross Income10070
Insurance Expense4990
MLS AreaCHI - Logan Square
MaintenanceExpense5000
ModificationTimestamp2025-05-09T16:18:01.737Z
Net Operating Income94629
Number Of Units Total5
Operating Expense26211
Property TypeCommercial Sale
Property TypeMulti Family 5+
RoofMembrane, Reflective Coating, Rubber
Standard StatusActive Under Contract
StatusContingent
Stories2
Tax Annual Amount13521
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
Trash Expense0
Water Sewer Expense1300
Year Built1892
ZoningMULTI
Exterior for 1913 W Cortland Street
Building Area Total5000
BuyerOfficeFax(630) 778-9640
Foundation DetailsConcrete Perimeter
Lot Dimensions24.4 X 126
Additional Details
Price History
