We are pleased to present a unique 14-unit multifamily opportunity located in the desirable Humboldt Park neighborhood of Chicago's West Side. The unit mix consists (2) Retail, (6) 1 Bedroom, (6) 2 Bedroom units. All units are very spacious with separate dining rooms, living rooms, and kitchens, plus an abundance of closet space. The building has a beautiful courtyard with (4) additional enclosed garage spaces and room for at least (4) outdoor spots. Recent capital improvements consist of new water tanks, newer porches, new windows, new booster pump, tuckpointing, recently poured concrete around building, boiler to be good through 2037, updated electrical, and a newer electrical gate that encloses the courtyard. This property is located in one of Chicago's top Up-And-Coming Neighborhoods. This is a great opportunity for a savvy investor. Current low in place rents that can be increased significantly. Humboldt Park showed a 12% rental increase from 2022 and that trajectory will progress as the city continues to develop this West Side neighborhood.

Listing Courtesy of MRED as distributed by MLS Grid of Sperry Van Ness 312-676-1866



Based on information submitted to the MLS GRID as of 2024-04-27 12:20 PM UTC. 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.
Data last updated: 2024-04-27 12:20 PM UTC
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