Chicago, IL 60639 4854 W North Avenue
$3,395,000
14 more
Presented By: Sperry Van Ness
Beds • 3
Home Details
Pleased to present a 34-unit Multifamily building located on the border of North Austin and Belmont Cragin. The property is steps away from strong retail centers. The unit mix consists of (2) Commercial Spaces, (6) studios, and (18) 1 Bedroom 1 Bath, (8) 2 Bedroom 1 Bath Apartments. Majority of units have been newly remodeled with updated kitchens and baths and new appliances. 4850 W North Ave is equipped with (2) newer boilers, (2) 200-gallon water tanks, newer electrical, newer porches, newer roof, high-quality interior and exterior camera system, LED exterior lighting and lastly (4) Washers & (4) dryers. The building is in very strong condition and well-maintained and managed.
Presented By: Sperry Van Ness
General for 4854 W North Avenue
Additional Parcels Description13334230410000
Additional Parcels Y/NYes
Cap Rate7.5
CityChicago
CountyCook
DirectionsWest on W North and S on Cicero
Electric Expense7632
Fuel Expense33464
Gross Income449108
Insurance Expense19551
MLS AreaCHI - Austin
MaintenanceExpense22950
Net Operating Income273685
Number Of Units Total34
Operating Expense175423
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusPrice Change
Stories Count4
Tax Annual Amount36842
Tax Year2023
Trash Expense7835
Water Sewer Expense13792
Year Built1929
Exterior for 4854 W North Avenue
Lot Dimensions100x110
Additional Details
Price History
