3054-56 N Major Ave | Chicago, IL 60634
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- LoopNet Team
3054-56 N Major Ave
Chicago, IL 60634
Multifamily Property For Sale
·
8 Units
INVESTMENT HIGHLIGHTS
- Opportunity to Increase Rents Through Cosmetic Renovations & More Efficient Leasing
- 9.13% In-Place Cap Rate
- Recent Capex Improvements: Individual Furnaces & Water Heaters
- 11-Unit Building in Heart of Belmont Cragin
PROPERTY FACTS
| No. Units | 8 | Building Size | 7,000 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1930 |
| Building Class | C | Parking Ratio | 0.38/1,000 SF |
| Lot Size | 0.17 AC | ||
| Zoning | R-2, Chicago - Residential | ||
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.17 AC |
| Building Size | 7,000 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built | 1930 |
| Parking Ratio | 0.38/1,000 SF |
| Zoning | R-2, Chicago - Residential |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Waterfront
- Trash Pickup - Curbside
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | 650 |
| 2+1 | 4 | - | 800 |
PROPERTY TAXES
| Parcel Number | 13-29-213-020-0000 | Improvements Assessment | $52,836 |
| Land Assessment | $23,064 | Total Assessment | $75,900 |
PROPERTY TAXES
Parcel Number
13-29-213-020-0000
Land Assessment
$23,064
Improvements Assessment
$52,836
Total Assessment
$75,900
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