Description
Professionally renovated 6-unit building located in Prime Wicker Park close to everything. Pricing reflects a 10.1x GRM on in-place income. The building was gut renovated with all new electrical, plumbing, stainless steel appliances and HVAC in 2016 with various upgrades completed over the past several years. The building is 100% leased with upside in the rents. It features 3 surface parking spaces at the back of the property and an unfished basement that has been approved by the City for conversion to up to two additional dwelling units under Chicago's Accessory Dwelling Unit Ordinance (ADU). The building is being offered with the adjacent property at 1840 W Augusta individually or as a package.
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Based on information submitted to the MRED as of date and time shown below. All data is obtained from various
sources and has not been, and will not be, verified by broker or MRED. MRED 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. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 7th December, 2023 5:40 AM (UTC)
sources and has not been, and will not be, verified by broker or MRED. MRED 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. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 7th December, 2023 5:40 AM (UTC)
Listing Office: Base 3 Properties
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