Listing Tools

Completely turnkey investment. In-place 6% cap rate w/ ability to push rents to close to 7% cap rate. Absolutely no expense spared in this one of a kind fully rehabbed 6-flat in the heart of West Town! A+ location near tons of restaurants, shops, nightlife. Every aspect of this rehab was thoughtfully planned by a professional designer and architect and meticulously executed. Three on-site parking spaces. Building features six total units (5 dwelling units / 1 commercial space), all with perfect layouts: two 2-bedroom/2-bathroom units, three 1-bedroom/1-bathroom units, commercial space built out as lofted space w/ full kitchen and bathroom. All units feature everything the most discerning renters desire: luxury kitchens and bathrooms, hardwood floors, large bedrooms, in-unit laundry, central HVAC, custom closets throughout, designer light and plumbing fixtures. Bright units with tons of natural light. New windows, rear staircase, commercial storefront. Private outdoor space off rear units. Perfect as owner occupied property or turnkey income producing investment. Fully leased and occupied grossing $140k/year. Lots of room to push rents to $155k+ gross. Zoned B1-2.

Property Details of 2450 West Chicago Avenue

Property Details

Exterior Features

Other Details

Map Location

Driving Directions

Listed by Joshua Krueger of Campbell Street Asset Management Inc

Based on information submitted to MRED  as of December 3, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

Do not fill in this field:

$

Do not fill in this field: