Karen Breen Elia

Chicago City Homes
Chicago, Illinois
Real Estate Broker
773-230-4294
Contact Me

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Listing 13 out of 772
$1,325,000 For Sale

2618 North Wayne Avenue
Chicago, IL 60614

5 units | Multi Family Home
2614 sq ft lot - MLS# 10447913
Property Photo
1/14

Description

Prime Lincoln Park location, R4 lot with 5 units & strong rent roll with room to increase make this multi-family one to add to your portfolio! Updated units & many major building improvements already done. (Will provide extensive list upon viewing.) Fully leased $110k+ gross income with expansion potential. Come see this impressive, well cared for & solid investment!

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60614
  • Year Built: 1886
  • Units: 5 units
  • Lot Size: 2614 sq ft lot
  • Zoning: MULTI
  • # Of Bdrms - Type 5: 2
  • # Of Bdrms - Unit 1: 1
  • # Of Bdrms - Unit 2: 2
  • # Of Bdrms - Unit 3: 1
  • # Of Bdrms - Unit 4: 2
  • # Of Dryers: 1
  • # Of Full Bthrms - Type 1: 1
  • # Of Full Bthrms - Type 2: 1
  • # Of Full Bthrms - Type 3: 1
  • # Of Full Bthrms - Type 4: 2
  • # Of Full Bthrms - Type 5: 1
  • # Of Ranges: 5
  • # Of Refrigs: 5
  • # Of Rooms - Type 5: 4
  • # Of Rooms - Unit 1: 3 Rooms
  • # Of Rooms - Unit 2: 4 Rooms
  • # Of Rooms - Unit 3: 4 Rooms
  • # Of Rooms - Unit 4: 6 Rooms
  • # Of Stories: 3
  • # Of Units - Apt. Type 1: 1
  • # Of Units - Apt. Type 2: 1
  • # Of Units - Apt. Type 3: 1
  • # Of Units - Apt. Type 4: 1
  • # Of Units - Apt. Type 5: 1
  • # Of Washers: 1
  • Air Conditioning: Central Air
  • Approximate Age: Older
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Frontage/Access: City Street
  • Gross Rent Multiplier: 12.6
  • Heat/Ventilation: Forced Air
  • Insurance Expense: $200
  • Lot Dimensions: 24X124
  • Monthly Income - 1: $1,350
  • Monthly Income - 2: $1,850
  • Monthly Income - 3: $1,835
  • Monthly Income - 4: $2,375
  • Monthly Income - 5: $1,525
  • Monthly Income Max - 1: $1,350
  • Monthly Income Max - 2: $1,850
  • Monthly Income Max - 3: $1,835
  • Monthly Income Max - 4: $2,375
  • Monthly Income Max - 5: $1,525
  • Other Expense Source: $
  • Potential Use: Residential-Multi-Family
  • Repairs-Decor Expense: $30
  • Tax Year: 2018
  • Taxes: $15,908
  • Tenant Pays: Electric, Heat
  • Total Annual Exp: 3960
  • Total Annual Income: $110,220
  • Total Monthly Income: $9,185
  • Township: Lake View
  • Type Multi-Family: Flats
  • Water Expense: $50
  • Water Expense Source: $
Courtesy of @properties



Karen Breen Elia | 773-230-4294 | Contact Me
2951 North Lincoln Avenue - Chicago, IL 60657
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