5-unit multifamily investment opportunity in Chicago's historic Pilsen neighborhood! The property features four 2BR/1BA units and an incredibly spacious, detached rear Coach House (3BR/1BA) - offering a high-demand mix with strong rental upside. Interiors feature updated finishes and classic wood flooring throughout. Units have central heat and shared laundry. Laundry is shared in the basement. Highly desired location just blocks from 18th Street's dining scene and a quick two-block walk to the Damen Pink Line station for an effortless downtown commute. Current revenue is 107K and market revenue is ~115k. Buy at a 10x GRM and stabilize at a 9.5x GRM or ~7 per cent Cap Rate
Baird & Warner Mariam Khan Agent Cell: 847.962.8452 Email
Listing Office: Lease312INC
Listing Office Phone: 773-232-3469
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1801 W 21st Street , Chicago, IL 60608.
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1801 W 21st Street , Chicago, IL 60608.
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