Chicago, IL 60657 712 W Briar Place
$2,100,000
OPEN HOUSE Sun, Nov 02 2025 11:00 AM - 01:00 PM
4 more
Presented By: Citywide Real Estate
Beds • 5
Home Details
Beautiful six-unit Greystone located on one of Lakeview's most desirable tree-lined streets. Offers a great mix of one- and two-bedroom apartments, all fully occupied with rental upside potential. Solid construction and a classic limestone facade highlight the building's charm and durability. Recent improvements include new windows, a concrete porch, refinished sidewalks, and beautifully maintained landscaping. Well-managed and in excellent condition, this property offers strong cash flow and long-term stability. Projected cap rate is 6.25%, making it a solid investment in a prime location.
Presented By: Citywide Real Estate
General for 712 W Briar Place
Additional Parcels Y/NNo
Cap Rate6.25
CityChicago
Construction MaterialsBrick, Stone
CoolingCentral Air, Window Unit(s)
CountyCook
Current UseMulti-Family
DirectionsBroadway to Briar (3100 N), West on Briar to 712 Briar
Electric Expense1298
Fuel Expense1455
Gross Income173700
Insurance Expense4612
MLS AreaCHI - Lake View
MaintenanceExpense4487
ModificationTimestamp2025-10-24T08:01:16.764Z
Net Operating Income131277
Number Of Units Total6
Operating Expense42423
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusNew
Stories Count3
Tax Annual Amount25521.8
Tax Year2023
Tenant PaysAir Conditioning, Electricity
TownshipLake View
Trash Expense2793
Water Sewer Expense528
Year Built1905
ZoningMULTI
Exterior for 712 W Briar Place
Lot Dimensions25X125
Lot Size Acres0.07
Additional Details
Price History
