3412 N Janssen Ave 3 Unit Apartment Building Offered at $1,225,000 at a 6.54% Cap Rate in Chicago, IL 60657
INVESTMENT HIGHLIGHTS
- Prime Location
- 100% Leased, with the opportunity for owner/occupier
- Meticulously Maintained Building
EXECUTIVE SUMMARY
Welcome to this meticulously maintained, income-generating 3-flat in the heart of Lakeview! This prime property offers a rare blend of vintage charm and modern convenience, ideally located near local shops, restaurants, parks, and public transportation. Located in a sought-after, highly desirable neighborhood with excellent schools and vibrant community spaces. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking a beautiful home with rental income, this 3-flat is a perfect fit. Don't miss the opportunity to own a piece of Lakeview in one of Chicago’s most popular neighborhoods!
Unit Features:
Unit 1: 2-bedroom, 1-bath with original character, hardwood floors, large windows that flood the space with natural light, private balcony.
Unit 2: 1-bedroom + den, 1-bath, with private balcony.
Unit 3: 2-bedroom, 1-bath.
(Unit 4) Lower Level : Brand new 1-bed, 1-bath non-conforming unit that is currently leased for $1500/month
Courtyard + two-car garage + coin laundry in lower-level
Unit Features:
Unit 1: 2-bedroom, 1-bath with original character, hardwood floors, large windows that flood the space with natural light, private balcony.
Unit 2: 1-bedroom + den, 1-bath, with private balcony.
Unit 3: 2-bedroom, 1-bath.
(Unit 4) Lower Level : Brand new 1-bed, 1-bath non-conforming unit that is currently leased for $1500/month
Courtyard + two-car garage + coin laundry in lower-level
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
AMENITIES
- Smoke Detector
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Wi-Fi
- Basement
- Built-In Bookshelves
- Deck
- Den
- Dining Room
- Family Room
- Handrails
- Office
- Patio
- Porch
- Recreation Room
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | $2,375 | 1,200 |
1 of 1
Walk Score®
Walker's Paradise (90)
Transit Score®
Excellent Transit (76)
Bike Score®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | 14-20-310-029-0000 | Total Assessment | $96,000 |
| Land Assessment | $47,997 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $48,003 | Tax Year | 2024 |
ZONING
| Zoning Code | RT-3 |
