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1111 - 1123 Broadway Ave

3 Multifamily Properties Offered at $1,925,000 in North Chicago, IL

Investment Highlights

  • 3-Building multi-family package
  • Coin laundry in each building
  • 100% occupancy
  • 70% of units updated

Executive Summary

Exceptional investment opportunity in North Chicago. Unlock the potential of this 3-building multi-family package, featuring 18 units and 20 parking spaces in a growing market. Each building offers 5 two-bedroom and 1 one-bedroom units. These well-maintained buildings boast 100% occupancy, on-site coin laundry for additional income, and updated interiors in 70% of the units. This investment provides immediate returns and long-term stability with the potential to add further value. Whether you're expanding your portfolio or securing a high demand asset, this property offers unparalleled potential in an up-and-coming community. Don't miss this rare opportunity! Includes 1111, 1117, 1123 Broadway Ave. North Chicago, IL 60064
24hr. notice required for showings.

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Annual
Gross Rental Income $99,999
Other Income $99,999
Vacancy Loss $99,999
Effective Gross Income $99,999
Taxes -
Operating Expenses -
Total Expenses $99,999
Net Operating Income $99,999

Taxes & Operating Expenses (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Other Income
Annual $99,999
Vacancy Loss
Annual $99,999
Effective Gross Income
Annual $99,999
Taxes
Annual -
Operating Expenses
Annual -
Total Expenses
Annual $99,999
Net Operating Income
Annual $99,999

Property Facts

Price $1,925,000
Price / SF $104.05 / SF
Cap Rate 9.32%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 0
Total Building Size 18,501 SF
Total Land Area 0.93 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
1111 Broadway Ave, North Chicago, IL 60064 Multifamily 6,000 SF 1962 -
1117 Broadway Ave, North Chicago, IL 60064 Multifamily 6,000 SF 1978 -
1123 Broadway Ave, North Chicago, IL 60064 Multifamily 6,501 SF 1962 -
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  • Listing ID: 34062217

  • Date on Market: 12/3/2024

  • Last Updated:

  • Address: 1111 - 1123 Broadway Ave, North Chicago, IL

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