Situated on a premier, tree-lined street in the highly coveted Blaine School District. Exceptionally rare Lakeview multi-family investment asset presenting an unrivaled turn-key opportunity for either a yield-focused portfolio investor or a live-in owner looking to substantially subsidize their mortgage. Brick 2 flat with a non-conforming basement apartment and a 2-unit coach house in the rear. All kitchens and baths have been updated. All separate gas forced air furnaces. Currently generating $125,580. gross income. With expenses at $38607. that's a net cash flow of $86973. or about a 5.7% cap rate. Rents as follows: Front building 1st floor $1910 6/27, 2nd floor $3000 Vac. Garden $1450. 6/27, Coach house 1st $1705. 6/27, Coach house 2 3 BR 2 bath $2850. 7/27. Multi million dollar homes up and down the block in this highly sought after location.
| MLS # | 12728198 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Year | 1891 |
| Days On Site | 38 |
| Listing Provided By | Compass | Matthew Mika |
| Bed(s) | 10 |
|---|---|
| Bath(s) | 5 |
| Basement | Y |
| Zoning | MULTI |
| Rooms Total | 25 |
|---|---|
| Heating | Natural Gas |
| Roof | Asphalt, Flat |
|---|---|
| Foundation Details | Concrete Perimeter |
| Construction Materials | Aluminum Siding, Brick |
| Fencing | Fenced |
| Sewer | Public Sewer |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 27647 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60613 |
| Area | CHI Lake View |
| School District | Blaine Elementary School |
| Elementary School | Blaine Elementary School |
| Listing VS Median (in 60613) | |
Price: $1,500,000 low | high Med: $229,500 On site: 38 low | high Med: 30.5 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60613 |
| Area | CHI Lake View |
| School District | Blaine Elementary School |
| Elementary School | Blaine Elementary School |
| Listing VS Median (in 60613) | |
Price: $1,500,000 low | high Med: $229,500 On site: 38 low | high Med: 30.5 | |