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Classic Chicago center 8 Flat. Located just off the Argyle Shared Streetscape project. Building fully renovated to Condo Conversion level 8 years ago. Just runs. Big units. Eight total units. ALL 3Brs/2Ba. Two of the Eight units are Gardens with lots of light, only a couple steps down, high ceilings. Possible condo conversion project. 2021 Gross Income was $219K and expense ratio was 33%. Net Operating Income was $145K. New leases are far outperforming existing tenant renewal rates. New Rent Roll Available. Pro Forma Gross Rents (using current rent roll) is $232K a year. True 6+ cap.

Property Details of 4927 North Winthrop Avenue

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Listed by Ron Abrams of Silver Property Group,Ltd

Based on information submitted to MRED  as of December 8, 2022 . 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.

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