2439 N Seminary - 3-Unit Multi-Family Investment Opportunity in Lincoln Park
$1,400,000
2439 N Seminary Ave, Chicago, IL 60614
4.3
Cap Rate
60,191.32
NOI
Details:
Description:
33 Realty is pleased to present for lease 2439 N Seminary, a 3-unit apartment investment opportunity located in the Lincoln Park / DePaul University neighborhoods of Chicago.
Constructed in 1910 and zoned RT-4, the property presents a rare opportunity to acquire a masonry apartment building in a premier rental location.
The property features three units: 4 bed / 2 bath 1st floor duplex down, 2 bed / 1 bath 2nd floor simplex, and 2 bed / 1 bath 3rd floor simplex.
All three units are currently lease-occupied by mid to long-term residents on month-to-month lease agreements allowing a future operator flexibility to reposition.
Each apartment has gas-forced heat, central air, individual hot water tanks, hardwood floors, separate living and dining areas, classic Chicago fireplaces, millwork, and built-in hutches, pantries, dishwashers, and rear porches.
There is a large common backyard, common laundry, and rear pad parking.
1/2 block north of Seminary and Fullerton in the Lincoln Park neighborhood of Chicago
Documents:
| Title | ||
|---|---|---|
| 2439_N_Seminary_-_Sales_Flyer.pdf |
Location
Gallery
