This Multifamily Property is no longer advertised on LoopNet.com.
3415 N Seminary Ave
Chicago, IL 60657
Multifamily Property For Sale · 5 Units
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INVESTMENT HIGHLIGHTS
- 100% occupied three-flat and two-unit coach house in highly desirable Lakeview location
- Current 2Bd/1Ba rents avg. $1,468/month; Comparable, nearby 2Bd rents avg. $1,850/month; Renovated 2Bds avg. $2025/month
- 0.2 miles south of Wrigley Field and 0.3 miles from the Southport and Belmont CTA stations
- Substantial as-is rental upside and multiple value-add opportunities
- Market GRM & Cap Rate: 10.39 & 5.75% / Renovated GRM & Cap Rate: 10.08 & 6.38%
- Steps from the vibrant Lakeview restaurant and bar scene along Clark Street
PROPERTY FACTS
No. Units | 5 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | C |
Lot Size | 0.07 AC |
Building Size | 4,840 SF |
Average Occupancy | 100% |
No. Stories | 4 |
Year Built | 1884 |
Parking Ratio | 0.41/1,000 SF |
UNIT MIX INFORMATION
DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
---|---|---|---|
2+1 | 3 | $1,468 | - |
1+1 | 1 | $1,062 | - |
4+2 | 1 | $2,350 | - |
LINKS
PROPERTY TAXES
Parcel Number | 14-20-412-005-0000 | Improvements Assessment | $64,457 |
Land Assessment | $27,900 | Total Assessment | $92,357 |
ZONING
Zoning Code | R |
Listing ID: 23403799
Date on Market: 6/15/2021
Last Updated:
Address: 3415 N Seminary Ave, Chicago, IL 60657
The Lakeview Multifamily Property at 3415 N Seminary Ave, Chicago, IL 60657 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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