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Chicago
$1,310,000
12477032 MLS ⋅ CLOSED Status
Pleased to present the exclusive offering of Central Avenue Apartments, a 17-unit multifamily property located in the Austin neighborhood of northwest Chicago. This well-maintained property represents an attractive investment with strong in-place income, immediate cash flow, and significant upside potential through strategic unit renovations and rent increases.The property is 100% occupied, offering stability for a new investor, with current rents well below market. With a light value-add program ($5,000 per unit upon turnover), rental income can be pushed to market levels, creating strong returns and long-term appreciation. Property Details Address: 1405-13 N. Central Ave., Chicago, IL 60651 Units: 17 Total SF: 10,816 List Price: $1,400,000 Occupancy: 100% Unit Mix & Rents Current Average Rent: $997 Pro Forma Average Rent: $1,291 Current Average PSF: $1.70 Pro Forma Average PSF: $2.18 Pro forma figures incorporate a $5,000 per unit renovation budget as leases naturally turn, enabling backfilling at higher market rent levels. Financial Highlights Current NOI: $113,627 Pro Forma NOI: $164,313 Current Cap Rate: 8.12% Pro Forma Cap Rate: 11.14% Current GRM: 6.88 Pro Forma GRM: 5.60 Price / SF: $129 Price / Unit: $82,353 Investment Highlights Stabilized Occupancy: 100% leased, offering immediate cash flow. Value-Add Upside: Below-market rents with ability to push to pro forma levels through unit turnovers and $5k/unit upgrades. Efficient Size: 17-unit property, manageable for both first-time investors scaling into multifamily or seasoned owners seeking additional cash flow. Northwest Chicago Location: Situated in the Austin neighborhood, with access to strong tenant demand, local employment centers, and public transportation. Attractive Financial Metrics: Opportunity to achieve an 11%+ cap rate and reduce GRM below 6 with modest renovations. Central Avenue Apartments offers investors a stabilized, cash-flowing multifamily asset in one of Chicago's largest neighborhoods. With immediate income, strong financial performance, and clear value-add potential, this property represents a compelling investment for both local and regional buyers seeking strong returns in the Chicago multifamily market.

Chicago

4830 W Crystal Street, Chicago
$230,000
2 Beds ⋅ 2 Baths ⋅ 12539836 MLS ⋅ CLOSED Status
Welcome to 4830 W Crystal Street, Chicago! This charming 2-bedroom, 2-bath home is ready for new owners to make it their own. Step into a spacious living room that flows into a formal dining area and a cozy eat-in kitchen-perfect for family meals and entertaining. The main level offers two comfortable bedrooms and a full bath. Upstairs, you'll find two additional bonus rooms in the attic that can easily be converted into bedrooms, an office, or a play area. The partially finished basement includes another full bathroom, providing extra space for gatherings, recreation, or storage. Outside, enjoy a fenced yard and a detached 2-car garage. While the home needs a bit of TLC, it offers incredible potential and space to create your dream home. Don't miss this great opportunity, schedule your showing today!

4830 W Crystal Street, Chicago

5325 W North Avenue, Chicago
$236,000
12348113 MLS ⋅ CLOSED Status
Exceptional Investment or Owner-Occupant Opportunity This brick two-story mixed-use property offers tremendous potential for both investors and owner-occupants alike. The building features a spacious 3,000 sq. ft. of living and commercial space, including a 2-car garage. The second-floor apartment boasts three generously sized bedrooms (with a tandem 3rd bedroom), one bathroom, and in-unit laundry. The unit is finished with laminate flooring throughout and is currently tenant-occupied on a month-to-month basis. The ground floor presents a vacant, well-kept commercial storefront with two restrooms, providing excellent flexibility for a variety of businesses. The full, clean basement offers additional storage and operational space. The property benefits from low property taxes and is ideally located on a high-traffic street, just a short walk to public transportation and only minutes from I-290, ensuring maximum visibility and convenience. Property sold as-is. Don't miss out on this unique opportunity to capitalize on a prime location with solid income potential!

5325 W North Avenue, Chicago

1454 N Mayfield Avenue, Chicago
$375,000
4 Beds ⋅ 2 Baths ⋅ 12519456 MLS ⋅ CLOSED Status
Classic Chicago all brick bungalow that's just steps from Oak Park's boardline, nested on a treelined quiet street. Traditional layout includes a cozy alcove off the living room, separate dining with a gorgeous chandeliar and a brand new kitchen with white shaker cabinetry, quartz counters and a complete stainless steel appliance set. The entire home is layered in luxury vinyl plank flooring and accented with LCD lighting throughout. Main level includes three bedrooms, brand new full bath with spa like showerhead, glass shower enclosure and built-in Bluetooth speaker. Additional living space is in the attic where you will find two additional bedrooms, one being on the small side and there's an open area surrounding the stairway. The basement is semi-finished with drywalled ceilings and walls leaving you only the flooring to add if you choose. Brand new full basement bath with additional spa-like shower and glass enclosure. There's loads of additional storage availalble and a large laundry room. Entire backyard is surrounded with white PVC fencing for privacy. Two-car garage is an added perk to make this a great investment.

1454 N Mayfield Avenue, Chicago

5310 W Bloomingdale Avenue, Chicago
$490,000
6 Beds ⋅ 3 Baths ⋅ 12531363 MLS ⋅ CLOSED Status
With updates already done and strong rental potential and high demand area in a fast -moving neighborhood, this building is the kind of opportunity investors love and home owners appreciate. Beautiful 2 Units brick building well-maintained property offers a total of 6 bedrooms and 3 full baths, 2nd unit offers 2 bedrooms 1 full bath, updated Kitchen Oak cabinets, granite countertops stainless steel appliances and open concept dining room. Hardwood floors through out 2nd unit. 1st unit offer open concept beautiful kitchen and dinning room, spacious living room . first unit appliances, washer and dryer are not staying Finished basement with 2 bedrooms and 1 full bath. Car garage was built in 2020 for 2 1/2 cars giving the home excellent curb appeal and long -term value. Offers concrete driveway and patio. prime location -just a short walk from shopping, dinning, parks, and public transportation. Whether you're searching for a home or a lucrative investment, this property check all the boxes. Broker is related to seller ***Broker Owned***

5310 W Bloomingdale Avenue, Chicago

4852 W Hirsch Street, Chicago
$315,000
3 Beds ⋅ 1 Baths ⋅ 12526899 MLS ⋅ CLOSED Status
Welcome home to this charming 3 bed, 1 bath ranch home with a lovely brick and stone facade and full finished basement! Updated eat-in kitchen with ample cabinets and counter space, ss appliances and new flooring. Adjacent spacious combo living room/dining room with gleaming hardwood flooring that expands into all 3 sizeable bedrooms. A tastefully updated full bath completes the main level. The full, finished lower level features a massive family room with wet bar, laundry area, bonus room that could be used as a 4th bedroom, office or home gym and storage area. Detached 2 car garage for convenience and additional storage. Extra wide driveway doubles as a patio for entertaining. New roof, flooring, lighting, sump pump, garage door and opener and freshly painted throughout. Located just 10 min from Oak Park, you'll enjoy easy access to shopping/dining options like Whole Foods, Target, Coopers Hawk, Starbucks, plus easy access to I290 and the Metra making commuting a breeze. Don't miss this updated move in ready gem! Soffits on the home and garage are in process of being replaced as well as the fascia on the garage

4852 W Hirsch Street, Chicago

1301 N Waller Avenue, Chicago
$400,000
4 Beds ⋅ 3 Baths ⋅ 12516324 MLS ⋅ CLOSED Status
WELCOME TO THIS FABULOUS 4 BEDROOM 3 BATHROOM IN CORNER HOME. WOW WOW WOW! YOU WILL NOT BELIEVE YOUR EYES AS YOU WALK INTO THE THIS FULLY REHABBED HOME WITH A WELL THOUGHT OUT AND INTENTIONAL DESIGN. FEATURES HARDWOOD FLOORS, GRANITE COUNTERS, PORCELAIN TILE,SPECIALTY LIGHTING THROUGHOUT, A STRIKING KITCHEN & STAINLESS STEEL APPLIANCES. WAIT TILL YOU SEE THE SIZE OF THE MASTER BEDROOM WITH A MASTER BATHROOM. THIS STUNNING HOME IS YEARNING FOR YOUR ENTERTAINMENT OF FAMILY AND FRIENDS!! ALL ROOMS ARE GRACIOUS IN SIZE, THERES LOTS OF WINDOWS WITH NATURAL LIGHT ILLUMINATING THROUGH. NEW OR NEWER ROOF, PLUMBING, WINDOWS, ELECTRICAL, ETC, 2.5 CAR GARAGE AND SO MUCH MORE! THIS IS BEAUTIFUL BLOCK THAT SHOWS PRIDE OF OWNERSHIP. HURRY BECAUSE IT WON'T LAST LONG!! COME MAKE THIS HOUSE YOUR HOME.

1301 N Waller Avenue, Chicago

1415 N Massasoit Avenue, Chicago
$430,000
4 Beds ⋅ 3 Baths ⋅ 12518666 MLS ⋅ CLOSED Status
Excellent Investment or Owner-Occupant Opportunity in Austin! Seize the chance to own this beautifully cared-for two-unit building-ideal for both buyers looking to live in one unit and investors seeking strong rental potential. Each apartment offers 2 generously sized bedrooms, 1 full bath, gleaming hardwood floors, spacious living and dining rooms, an updated enclosed porch, brand-new windows, and an inviting eat-in kitchen featuring a warm gas fireplace.This property also includes two extra bedrooms located on the enclosed porch, providing flexible space for guests, office setups, or additional storage. The basement is ready for your creative ideas, whether you envision extended living space, recreation areas, or potential related living. A detached 2-car garage adds even more value. Conveniently situated near public transit, schools, and a variety of well-loved restaurants.The home is in outstanding condition and is being sold as-is. Book your showing today-this one won't last!

1415 N Massasoit Avenue, Chicago

5402 W Hanson Avenue, Chicago
$335,000
4 Beds ⋅ 3 Baths ⋅ 12488688 MLS ⋅ CLOSED Status
Welcome to the best priced 3-level townhome in the area located in a gated community that offers the perfect blend of space, comfort, and convenience. The open-concept main living area on the 2nd floor is ideal for modern living-seamlessly connecting your living, dining, and kitchen areas(Stainless Steel Appliances), with abundant natural light pouring in throughout the day. The first level includes a good sized bedroom with a full bathroom. Say hello to privacy in your master bedroom with a walk in closet and its own full bathroom. Enjoy the convenience of a laundry room on the third floor, located just steps from the 3 bedrooms-making laundry day quicker and easier. This home also features brand-new upgrades, including a NEW furnace, NEW water heater, NEW refrigerator, and NEW dishwasher. Located just minutes from the Metra, commuting to downtown Chicago is a breeze. Plus, you're surrounded by retail shops, restaurants, parks, and schools, all within easy reach. Schedule your showing asap ;)

5402 W Hanson Avenue, Chicago



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