Large brick 6-unit overlooking California Boulevard. In place 7% CAP rate with rental upside. Plus potential to add 2 more garden units with existing city approved plans conveyed in price. Great corner building with 3 full floor units, plus a coach house with 3 additional units. The property was gut renovated in 2017 and still has a great value add opportunity through bringing rents to market. The modern units feature granite, hardwood, central forced air HVAC, dishwashers, in-unit W/D and spacious bedrooms and bathrooms. Long time professional property management is willing to stay in place making this a true turn key investment in a rapidly appreciating sub market.
Listed By
Agency Name: eXp Realty
Agency Phone: 888-574-9405
Shown By
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate
Agency Phone: 815-397-4040
Estimated Payment
$ 3,949.62 per month $2,448.12 Principal & Interest $1,180.67 Property Tax $320.83 Homeowner's Insurance
2435 S California Boulevard | MLS# 12591459
This multi-family property located at 2435 S California Boulevard, Chicago, IL 60623 is currently listed for sale with an asking price of $1,100,000. Search Chicago real estate on www.bhhscrosby.com today.