Last Updated: 12/4/2016 11:51 AM
Description for 1701 N Maplewood Avenue Chicago, IL 60647
Rare investment opportunity, Corner lot 4flat in Hot West Bucktown, just 1 block from the new 606 Bloomingdale Trail. Current CAP RATE 7% / $70k NOI annually. 100% occupied w/ 12month leases. Recently rehabbed with new roof, siding, windows, & updated electric/plumbing. All units rehabbed with hardwood floors, SS appliances, quartz counters, porcelain, 2 apts. with in-unit laundry. Large oversized units sun-dreched with modern finishes make for very easy to rent units in booming area. Centralized sought after location across the street from Maplewood Park, Walk couple of blocks to the Western blue line stop, North/Damen/Milwaukee/Armitage shops & restaurants. TURNKEY INVESTMENT WITH TREMENDOUS CASH FLOW & UPSIDE, just sit back and collect rent. Detail Financials in additional info
Exterior / Lot Features
Western to Wabansia going west, corner of Wabansia & Maplewood
Listing Price History
Chicago Real Estate
Chicago is located in Illinois. Chicago, Illinois 60647 has a population of 2,702,471.
The median household income in Chicago, Illinois 60647 is $47,408. The median household income for the surrounding county is $54,648 compared to the national median of $53,046. The median age of people living in Chicago 60647 is 33.1 years.
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