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3809 N Kenmore Avenue

Chicago, IL 60613
  • $1,250,000
  • STATUS: Active
  • ON SITE: 84 Days
  • MLS #: 11412848
$1,250,000
  • 7
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1893
County:

School Ratings & Info

School District:
299

Description

4-Units - Great investor opportunity to own a High Income, multi-unit property in Lakeview/Wrigleyville. Classic Chicago apartment building layout with 3 apartments plus a finished attic apartment for 4 total units. The attic unit rents for $1,450/mo. Currently operating at a 5.9% CAP. Annual income of $92,820 and NOI of $74,158. This building generates more income than most similar properties in the neighborhood and has VERY LOW operating expenses. Unit mix is: #G = 2 bed / 1 bath, #1 = 3 bed / 1 bath, #2 = 2 bed / 1 bath and #3 = 1,000 sq ft open, loft style studio. The apartments are always in demand and rent easily. Property also has a rear brick patio & 2 car garage. Utilities are separated with GFA heat & AC for all units and tenants pay gas/electric. Laundry located in basement. Located on leafy Kenmore Ave, close to Wrigley Field but not too close. Literally walking distance to everything in Wrigleyville: stadium - games & concerts, CTA Red line, shops, dining, bars, etc. This building is perfect for someone who is looking for high income and wants to start collecting rent from day 1 - all leases were just extend into 2023. Schedule today!

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-08-15T23:59:26.933 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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3809 N Kenmore Avenue Chicago, IL 60613

  • Price: $1,250,000
  • Status: Active
  • On Site: 84 Days
  • MLS #: 11412848
7
Beds
0
Baths
0
½ Baths
0.14
Acres
1893
Built
Neighborhood:
Chi - Lake View
County:
Cook
Area:
Chi - Lake View
School District:
299
Property Description
4-Units - Great investor opportunity to own a High Income, multi-unit property in Lakeview/Wrigleyville. Classic Chicago apartment building layout with 3 apartments plus a finished attic apartment for 4 total units. The attic unit rents for $1,450/mo. Currently operating at a 5.9% CAP. Annual income of $92,820 and NOI of $74,158. This building generates more income than most similar properties in the neighborhood and has VERY LOW operating expenses. Unit mix is: #G = 2 bed / 1 bath, #1 = 3 bed / 1 bath, #2 = 2 bed / 1 bath and #3 = 1,000 sq ft open, loft style studio. The apartments are always in demand and rent easily. Property also has a rear brick patio & 2 car garage. Utilities are separated with GFA heat & AC for all units and tenants pay gas/electric. Laundry located in basement. Located on leafy Kenmore Ave, close to Wrigley Field but not too close. Literally walking distance to everything in Wrigleyville: stadium - games & concerts, CTA Red line, shops, dining, bars, etc. This building is perfect for someone who is looking for high income and wants to start collecting rent from day 1 - all leases were just extend into 2023. Schedule today!
Exterior Features

Exterior Building Type Vinyl SidingFrame Garage Details Garage Door Opener(S)Transmitter(S) Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Lot Features Fenced Yard Lot Size Standard Chicago Lot Multi Family Type 3 Flat Parking Details Garage Waterfront YN No

Interior Features

Basement Finished Basement Bathrooms YN No Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 7 Full Baths In Building 3 Half Baths In Building 0 Heating Natural GasForced Air Rooms Total 20

Property Features

Additional Parcels YN No Age 100+ Years Built Before1978 YN Yes Community Features ParkCurbsGatedSidewalksStreet LightsStreet Paved Corporate Limits Chicago General Information Commuter BusCommuter Train Gross Income 92820 Insurance Expense 1800 Maintenance Expense 0 Mls Actual Status Active Net Operating Income 74158 New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 15610.71 Tax Year 2020 Total Numberof Unitsin Building 3 Total Rental Income 92820 Township Lake View Type Two To Four Units Water Source Lake Michigan

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Keller Williams Onechicago.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-08-15T23:59:26.933 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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