This Multifamily Property is no longer advertised on LoopNet.com.
223 W Lake St
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
Gut-rehabbed in 2017 and converted to luxury apartment units with exposed brick, hardwood flooring, gourmet kitchens with modern white cabinetry, etc.
Underground parking garage consisting of eight (8) spaces
Strong demographics with a population over 115,000 and an average household income over $155,000 within one (1) mile of Property
The building features key fob security access, two (2) elevators, 11.4'-14.5' ceiling heights, & private rooftop decks for both penthouse units
Rare opportunity to acquire a boutique luxury rental building in Chicago's northwest section of Chicago's Loop
Potential to convert the ground floor retail unit into amenity space for residents
PROPERTY FACTS
No. Units
8
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Mid-Rise
Building Class
B
Lot Size
0.17 AC
Building Size
33,100 SF
Average Occupancy
0%
No. Stories
5
Year Built/Renovated
1985/2017
Parking Ratio
0.24/1,000 SF
UNIT AMENITIES
Balcony Dishwasher Fireplace
Stainless Steel Appliances Walk-In Closets
SITE AMENITIES
PROPERTY TAXES
Parcel Numbers
Multiple
17-09-430-023-0000
17-09-430-021-0000
Improvements Assessment
$423,899
Land Assessment
$358,351
Total Assessment
$782,250
