Log In/Sign up
Your email has been sent.
1522-1524 W Thorndale Ave 6 Unit Apartment Building £1,750,303 (£291,717/Unit) 6.71% Net Initial Yield Chicago, IL 60660
INVESTMENT HIGHLIGHTS
- Prime Location; Prime Edgewater location close by the Peterson Metra Station
- Recent Capital Improvements; 2020 & 2021 Improvements: New Electric Service; New Peerless Boiler, New Complete Tear-Off Roof; and All New Windows
- Convenience; Multiple CTA public transportation options within walking distance from the subject property
- Ability To Push Rents; Opportunity for new owner to push rents $150/mo
- Affluent Area; Located in an affluent area of Chicago; average household income of $98,100 and population of 144,988 within 2-miles
- Undiscovered Value; Ability to lease out parking spots for rent for additional income
PROPERTY FACTS Under Offer
| Price | £1,750,303 | Apartment Style | Low-Rise |
| Price Per Unit | £291,717 | Costar Property Class | C |
| Sale Type | Investment | Total Plot Size | 0.17 ac |
| Yield | 6.71% | Property Size | 10,362 sq ft |
| Gross Rent Multiplier | 10.7 | No. Floors | 3 |
| No. Units | 6 | Year Built | 1926 |
| Property Type | Build-to-Rent | Parking Allocation | 0.5/1,000 sq ft |
| Property Subtype | Apartment | ||
| Use Class | 10 | ||
| Price | £1,750,303 |
| Price Per Unit | £291,717 |
| Sale Type | Investment |
| Yield | 6.71% |
| Gross Rent Multiplier | 10.7 |
| No. Units | 6 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.17 ac |
| Property Size | 10,362 sq ft |
| No. Floors | 3 |
| Year Built | 1926 |
| Parking Allocation | 0.5/1,000 sq ft |
| Use Class | 10 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Washer/Dryer Hookup
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 3+2 | 6 | - | - |
1 1
Walk Score®
Excellent pedestrian access (94)
Transit Score®
Excellent Public Transport (71)
Bike Score®
Good for cycling (84)
PROPERTY TAXES
| Parcel Number | 14-05-300-027-0000 | Improvements Assessment | £79,963 |
| Land Assessment | £33,248 | Total Assessment | £113,211 |
PROPERTY TAXES
Parcel Number
14-05-300-027-0000
Land Assessment
£33,248
Improvements Assessment
£79,963
Total Assessment
£113,211
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
1522-1524 W Thorndale Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.