This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

3412 N Janssen Ave

3 Unit Apartment Building Offered at $1,349,400 at a 6.13% 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: 2-bedroom, 1-bath, with private balcony. Renovated in 2022.
Unit 3: 2-bedroom, 1-bath, with private balcony. Renovated in 2023.
(Unit 4) Lower Level : Brand new 1-bed, 1-bath non-conforming unit that is currently leased for $1500/month (not included in NOI)

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

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,349,400
Price Per Unit $449,800
Sale Type Investment
Cap Rate 6.13%
No. Units 3
Property Type Multifamily
Lot Size 0.07 AC
Building Size 4,800 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1920/2023
Parking Ratio 0.42/1,000 SF

Unit Amenities

  • Air Conditioning

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 3 $2,375 1,200
Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (75)
Bike Score ®
Very Bikeable (88)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

zoning

Zoning Code RT-3
RT-3
  • Listing ID: 34212139

  • Date on Market: 12/16/2024

  • Last Updated:

  • Address: 3412 N Janssen Ave, Chicago, IL 60657

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}