1719 N Maplewood Avenue
Chicago, Illinois 60647

Contingent / MLS #10678341 / Multiple Unit (2-4) / West Town
Listing information updated 8/12/2020 at 6:43pm
Now is the time to invest in one of the hottest neighborhoods in Chicago where West Bucktown meets Logan Square less than one block to "The 606" (Bloomingdale Trail). This 2016 Gut Renovation of a Classic Greystone LEGAL FOUR FLAT Building is a rock-solid investment from top to bottom with a new infrastructure: new roof, new windows, tuck pointing, new decks, new plumbing, new electric, etc. Each unit features two full bedrooms, two full baths and has been transformed to Luxury Condo QUALITY with today''''s designer trends. Unit Features: Hardwood Floors, Carrara marble counters, heated bathroom floors, custom mill work, private decks, in unit laundry, great storage, and more! BONUS: Three parking spaces! Equidistant to Restaurant Row on Armitage & Milwaukee Ave. Close to Bucktown/Wicker Park 4 blocks away from CTA Blue Line. This investment generates nearly $130,000 a year in Gross Rent with a Net Operating Income of $102,000! CAP RATE close to 7.0% is fair market value for this hot neighborhood. This is a fully occupied "turn key" building with leases through 2021/2022. Rents just increased by $4,800 on an annual basis! What a great opportunity!

Listing Office: @PROPERTIES

Listing Office Phone: 312.254.0200

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 8/12/2020 at 6:43pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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