Description
Tremendous opportunity in this Mixed-use, 4 unit building in the heart of Palmer/ Logan Square. Located just off the BLVD and steps to amazing restaurants/ parks/ nightlife. Easy walk to the Blue Line and 2 blocks North of the 606 entrance. This solid brick building is in excellent shape with updates to the major building components (Mechanicals/ Electric/ Pluming), including newer steel stairs and balconies, and a concrete parking pad off the alley. Plenty of room to increase rents with some cosmetic updates. The units consists of 3 large- 3 bedroom- 1 bath apartments plus a retail space on the street level. Apartment 1- 3 bedroom/ 1 bath. Hardwood floors throughout, updated kitchen, AC, w/d in- unit. $2000/mo Apartment 2- 3bd, 1ba features hardwood floors throughout. excellent light, large deck, rent $1950 Apartment 3- 3bd, 1ba- Harwood floors throughout, newer kitchen, AC, W/D in unit, large deck. Rent $1950 (lease just expired) Commercial unit has been fully rehabbed and turn key office suite. Current rent $1842/ mo 3% annual escalations.
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School Ratings & Info
Description
Tremendous opportunity in this Mixed-use, 4 unit building in the heart of Palmer/ Logan Square. Located just off the BLVD and steps to amazing restaurants/ parks/ nightlife. Easy walk to the Blue Line and 2 blocks North of the 606 entrance. This solid brick building is in excellent shape with updates to the major building components (Mechanicals/ Electric/ Pluming), including newer steel stairs and balconies, and a concrete parking pad off the alley. Plenty of room to increase rents with some cosmetic updates. The units consists of 3 large- 3 bedroom- 1 bath apartments plus a retail space on the street level. Apartment 1- 3 bedroom/ 1 bath. Hardwood floors throughout, updated kitchen, AC, w/d in- unit. $2000/mo Apartment 2- 3bd, 1ba features hardwood floors throughout. excellent light, large deck, rent $1950 Apartment 3- 3bd, 1ba- Harwood floors throughout, newer kitchen, AC, W/D in unit, large deck. Rent $1950 (lease just expired) Commercial unit has been fully rehabbed and turn key office suite. Current rent $1842/ mo 3% annual escalations.
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