816 N. Leavitt

Property feature image
Property gallery image
Property gallery image
Property gallery image
Property gallery image
Address: 816 N Leavitt St, Chicago, IL 60622, USA
Created date: February 28, 2024
Date last updated: June 6, 2024
  • Gut rehabbed apartments with in-unit laundry and individual HVAC
  • Strong unit mix with six (6) 2 bedroom / 1 bathroom apartments
  • Current rents are 10-15% below market for comparable product in the area
  • Less than one block from the Chicago Avenue retail corridor

Property Description

Kiser Group has been exclusively engaged to market for sale 816 N. Leavitt, a 6-unit walkup building in Chicago's premier Ukrainian Village neighborhood. This property has a strong unit mix, comprised of six (6) two bed / one bath apartments. In 2018, the property was gut-renovated which included all apartments and building systems. The project altered units to feature modern kitchens with stainless steel appliances and quartz countertops as well as in-unit laundry. Tenants are responsible for their own heat, hot water and electric utilities. 816 N. Leavitt offers the opportunity for a new investor to acquire a modernized 6-unit apartment building with a desirable unit-mix and additional rental upside in a continuously evolving neighborhood.

Key Property Information

Listing Status: Unavailable
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,590,000
No. of Units: 6
Opportunity Zone: No
Price per unit: $265,000
Property Website Click Here
Address: 816 N. Leavitt, Chicago, IL 60622, USA
Provided by:

Similar Properties in the Area

1019 Campbell Dr

Grand Forks , North Dakota
Chicago & Midwest + Apartment Buildings
Units: 10
Price: $575,000

1019 Campbell Dr

Grand Forks , North Dakota
Chicago & Midwest + Apartment Buildings
Units: 10
Price: $575,000

821 W Montrose Avenue

Chicago , Illinois
Chicago & Midwest + Apartment Buildings
Units: 23
Price: $4,000,000

Brokers

View All
popup background image