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!
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
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1719 N Maplewood Avenue is a multiple unit (2-4) currently listed at $1,575,000. 1719 N Maplewood Avenue features 8 Beds, 8 Baths. This multiple unit (2-4) has been listed on @properties since March 27th, 2020 and was built in U. The nearest transit stops include Western CTA Blue line.