460 West 28th Place
- Brick Building
- Easy access to Expressways
- Short Walk to CTA Orange & Red Lines
- Garage Parking
- Modern Updates
- On-site Laundry
- HVAC in All Units
Property Description
This well-maintained brick 6-unit building presents a compelling investment opportunity featuring a desirable unit mix of two (2) 2-bedroom / 2-bath apartments, two (2) 2 Bedroom/1 -Bath Units and two (2) 1-bedroom / 1-bath units. The property offers apartment-quality updates throughout, including modern kitchens and baths, stainless steel appliances, and contemporary range hoods that appeal to today’s renters. Interiors are thoughtfully improved while maintaining operational efficiency, creating strong in-place tenancy and long-term rental stability. The building includes shared laundry facilities in the rear lower level, offering free on-site laundry as a valuable tenant amenity, along with bundled utilities including water, sewer, trash, and Wi-Fi to simplify management and enhance leasing appeal. A two-car garage provides additional income potential and convenience for residents. With its solid brick construction, updated interiors, and tenant-friendly amenities, this asset delivers a balanced combination of durability, modern finishes, and steady cash flow potential.
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $1,199,000 |
| No. of Units: | 6 |
| Year Built: | 1899 |
| Lot Size: | 0.07 Acres |
| Opportunity Zone: | No |
| Price per unit: | $199,833 |
| Property Website | Click Here |
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Lenders
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Essex Property Trust, Inc.
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Josh A
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Bob Tuteur
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Andrew Schildcrout