Chicago, IL 60614 1942 N Lincoln Avenue

Trophy property with seven units in the heart of historic Lincoln Park. Unit count consists of six one bedroom apartments and one large garden level studio. Recent improvements in five of the seven apartments include addition central heat/air, as well as kitchen and bath renovations. Common areas just redone with fresh paint and new carpet runners. Sewer line recently replaced from the building to the street. Three parking spaces in the rear for additional revenue as well as coin laundry in the basement. Existing professional management in place that can be transferred to new buyer. Sales packet with more information available upon request. Current rent roll of $12,250 with an easy pro forma of $13,500 to reach after the fall turnovers in 2024. Contact the listing agent for detailed rent roll and expenses. A beautiful classic Lincoln Park property to begin or add to your portfolio!