Sold
Sold
$1,325,000
1456 West Fletcher Street, Chicago, IL 60657
Over $112000 (market $151,200) in annual rents. Rents currently below market value by $200 p/b yet still a 5% cap rate. Take advantage of this opt to own a stately Lakeview 4-flat in Burley School District; raise rents to market and receive 7-9% cap rate. Fourteen beds. Total rent income monthly $9400 (market 12,600/$151,200 annual market) first floor units nicely renovated and duplexed down with in-unit washer/dryer. All units are beautifully renovated and in great shape. Each unit has own heating/cooling/electric and pay utilities. All have central Air/HVAC. High basement ceiling height. Solid brick building that has been well maintained. Additional storage units in basement. Very well maintained building.
14 Beds
8.5 Baths
3,049 Sq.Ft. Lot
| Total Bedrooms | 14 |
|---|---|
| Total Bathrooms | 8.5 |
| Full Bathrooms | 8 |
| Half Bathrooms | 1 |
| Status | Sold |
|---|---|
| LOT SIZE | 3,049 Sq.Ft. |
| Type | Multi-Family |
| Year Built | 1898 |
| Neighborhood | Lakeview |
| SALES PRICE | $1,325,000 |
|---|
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Dedicated to the lifestyle of twenty-somethings and families as it is to die-hard Cubs fans.
The Scott Group is a dynamic, top-producing real estate team that has built exceptional success on elite client experience. Team members listen carefully to client needs, pay close attention to every detail and deliver above-and-beyond service every day of the week.
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