2916 West 25th Place
- 2,600 SF building
- 5 units
- Built in 1888
- Zoned RT-4
- Multifamily/Low-Rise/Garden suitable
- Desirable Chicago location
Property Description
Introducing 2916 W 25th Place, a legal 5-unit property with an all-brick 4-unit building in the front and a coach house in the rear. Conveniently located close to all that Little Village has to offer, it is perfect for either an owner-occupant or an investor and is a fantastic investment. The building is commuter-friendly, with nearby shopping, dining, and recreational options. It's within walking distance to schools and public transportation, and just minutes from I-55 and I-290, providing easy access to Downtown. This is an amazing income maker that is professionally managed and grossing nearly $54k a year, with all units rented below market and room to raise rents significantly without doing much of anything. This is the unique multi-unit property you've been searching for!
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $489,000 |
| No. of Units: | 5 |
| Year Built: | 1888 |
| Lot Size: | 0.07 Acres |
| Opportunity Zone: | No |
| Price per unit: | $97,800 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
1825 S Crawford Road
Mt Pleasant, Michigan
1825 S Crawford Road
Mt Pleasant, MichiganBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout