Chicago, IL 60614 2448-50 N Clybourn Avenue

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Presented By: Compass
  • MLS# 12026011
  • 04/10/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 14

Home Details

Impeccable all brick, 2019 build, 12 unit apartment building in Lincoln Park. Built by an experienced builder with over 30 years experience building in the Chicagoland area. Built as a condo building, this property was finished to the highest quality, including quartz counters, stainless appliances, fire places, in-unit washer/dryer, garage parking and rooftop decks. Fantastic rental units, never vacant. Turn key property. The seller has never allowed pets, so the units have stayed in fantastic condition. // $586,500 Gross Yearly Rental Income // 5.63% CAP Rate // Upside Potential Bringing Rents to Market Rates (Number of long term tenants)
Presented By: Compass

Interior Features for 2448-50 N Clybourn Avenue

Other Interior Features

Total Fireplaces12

General for 2448-50 N Clybourn Avenue

Additional Parcels Y/NNo
CityChicago
CoolingCentral Air
CountyCook
Current UseMulti-Family
Days on Market130
DirectionsFullerton to Clybourn, North to 2450
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income586500
Insurance Expense
MLS AreaCHI - Lincoln Park
MaintenanceExpense
Net Operating Income389610
NumberOfUnitsTotal12
Operating Expense196890
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories4
Tax Annual Amount133725
Tax Year2021
Tenant PaysAir Conditioning, Electricity, Heat, Hot Water
TownshipLake View
Trash Expense0
Water Sewer Expense0
Year Built2019

Exterior for 2448-50 N Clybourn Avenue

ExteriorBrick
Lot Dimensions79X150
Lot Size Acres0

Additional Details

Price History

Worth Clark

Price $6,799,000
MLS#12026011
List Date 04/10/2024
Property Type Multi-Family
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