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1713 N Sheffield Ave
Chicago, IL 60614

Multifamily Property For Sale · 6 Units

PROPERTY FACTS

No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class B
Lot Size 0.12 AC
Building Size 12,940 SF
Average Occupancy 100%
No. Stories 4
Year Built 2007
Parking Ratio 0.46/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Fireplace
  • Microwave
  • Washer/Dryer
  • Heating
  • Security System
  • Kitchen
  • Hardwood Floors
  • Stainless Steel Appliances
  • Tub/Shower
  • Walk-In Closets
  • Carpet
  • Grill
  • Basement
  • Dining Room
  • Island Kitchen
  • Mud Room
  • Patio
  • Wet Bar

About 1713 N Sheffield Ave , Chicago, IL 60614

Rare investment opportunity to acquire an outstanding 11,000 sf six-unit apartment building in East Lincoln Park. The building consists of two duplexed 4-bed/3 bath units, three simplex 2-bed/2 bath units and a stunning 3 Story Penthouse with 5-beds/4 baths and private roof deck with stunning city views. The building is 100% occupied and has always been easy to rent. Each unit has granite countertop, hardwood floors, high-end appliances and many incredible features throughout this custom built building. Heated front steps and rear driveway allow for easy snow removal. Totally private security fence and two roof decks above rear garages. The building also has 6 garage spots in three heated garages. Each unit is separately metered and already has a separate PIN. Gross revenue is currently at $277,800 which produces a Net Operating Income of $221,654.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
4+3 3 $4,025 2,007
2+2 2 $2,675 1,010 - 1,113
5+4 1 $7,500 3,750

zoning

Zoning Code RM-5
RM-5
  • Listing ID: 12078314

  • Date on Market: 3/28/2018

  • Last Updated:

  • Address: 1713 N Sheffield Ave, Chicago, IL 60614

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