Chicago, IL 60623,3100 W Douglas BLVD
Chicago, IL 60623,3100 W Douglas BLVD
Chicago, IL 60623,3100 W Douglas BLVD
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$1,550,000
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17,658 SqFt
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3100 W Douglas BLVD Chicago, IL 60623

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 17,658 sqft

Price per Sqft $87

MLS Listing ID 12447225

Maintenance Fees $10,556

Year Built 1913

Annual Tax Amount $28,801

Tax Year 2023

Lot Dimensions 10,870. SQFT

Property Sub-Type Multi Family 5+

Property Description

Price Improvement, 7.4 Cap Rate Positioned for 9.3 Cap Rate based on normalizing rents within the building. Value Add opportunity - Garden Level not currently utilized, value add potential for additional units storage, coin laundry, residential/commercial units. 3 oversized 1,800 SqFt apartments could potentially sub divided into 6 units for a total of 18 units. The 2024 Property Taxes have been reduce to 16,916, payable in 2025. Lender financing is available.

Location

State IL

County Cook

Area Chi - North Lawndale

Zoning MULTI

Rooms

Basement Unfinished

Interior

Fireplace N

Exterior

Roof Type Membrane,Reflective Coating

Building

Dwelling Type Multi Family 5+

Structure Type Brick


Midwest Real Estate Data (MRED) IDX
Listed by Brian Pusczan of  Keller Williams Infinity 

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Chris Buckely

Chris Buckely

IL/IN/MI Managing Broker | License ID: IN- RB17001753 | IL- 477013311

+1(312) 313-5553

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3100 W Douglas BLVD