2432-2434 W Fargo & 7434-7438 N Artesian Ave

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Address: 2432 W Fargo Ave, Chicago, IL 60645, USA

Chicago & Midwest + Apartment Buildings

Created date: November 18, 2024

Date last updated: December 2, 2024

Located in the vibrant Roger's Park neighborhood of Chicago
Within walking distance to the Howard CTA Red Line Stop
Stainless steel appliances and dishwashers in each unit
Updated bathrooms
Coin laundry facilities on-site
Vinyl windows
2 garage parking spots available onsite
Three-story building
Renovated in the past five years
Assumable Debt: $1,134,000; Rate: 5.65%; Maturity: 09/01/2028
42% down required to inherit assumable debt

Property Description

33 Realty is pleased to present the opportunity to acquire this walk-up building at 2432-2434 W Fargo & 7434-7438 N Artesian Ave in Chicago's vibrant Roger's Park neighborhood. This 10,258 SF multi-family building, built in 1925, stands near the intersection of W Fargo Ave and N Artesian Ave. The property features a total of 12 units across three stories, offering a mix of 12 two-bedroom, one-bathroom apartments. Each unit at 2432-2434 W Fargo & 7434-7438 N Artesian Ave boasts updated kitchens and bathrooms with granite counters, stainless steel appliances, and dishwashers. The convenience of coin laundry adds to the appeal for tenants. Additionally, the property includes vinyl windows and a 2-car garage. This is an excellent opportunity in Rogers Park, situated in a mobility zone that enhances the potential for attracting higher rents. An investor could bring the rents to market without need for renovations. The property also offers assumable debt providing added financial flexibility to potential buyers.

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Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$1,950,000
No. of Units:	12
Lot Size:	0.02 Sq ft
Opportunity Zone:	No
Price per unit:	$162,500
Property Website	Click Here