Closed

2324 W Iowa Street

Chicago, Illinois 60622


Stacy Karel
312.933.5819

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$1,830,000

Stacy Karel
312.933.5819
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Property Type
Multiple Family
Neighborhood


Located in the heart of the Ukrainian Village, is this spectacular turnkey, gut renovated 6-unit investment opportunity in the Landmark District. Excellent cash flow with over 140K in annual gross revenue with low fixed costs. The property sits on an oversized 41 foot wide lot and has 5 exterior parking spaces. The building offers diverse floorplans, featuring (5) 2-bedroom, 2-bath and (1) 3-bedroom, 2-bath duplex down. All units have newer Central Air/Gas Forced Air, in-unit washers & dryers, condo grade kitchens and baths with granite countertops and stainless steel appliances. Other updates during ownership include new steel decks, new tear off roof, rebuilt parapet walls, new electrical service, new sewer & water service, new plumbing, new doors & trim, and spray foam insulation. Individual storage units in the basement. Perfect arm chair investment in an exceptional location.



Full Features
Exterior Type: Brick
Basement: Unfinished
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Square Feet: N/A
Tax Amount: $10,058
Built: 1894
Parking Spaces: 5
Cooling System: Central Air
Stories: 3
Current Use: Residential-Multi-Family
Potential Use: Condominium, Residential-Multi-Family
Zoning: MULTI
Current Net Income: $12,636
Unit 1: 7 room(s) / 3 bed(s) / 2 bath(s)
Unit 2: 4 room(s) / 2 bed(s) / 2 bath(s)


Taxes & Assessments
Taxes: $10,058

Listing Office: North Clybourn Group, Inc.

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Nearby Public Transportation

CTA Rail

at Damen (0.92 miles away)

Metra
Milwaukee District North, North Central Service, Milwaukee District West, Union Pacific West, Union Pacific North, Union Pacific Northwest, BNSF Railway, Heritage Corridor, Southwest Service

at Western Ave Metra (0.62 miles away), Western, Kedzie, Clybourn Metra and others







2324 W Iowa Street Chicago, Illinois 60622 is a multiple family property, which sold for $1,830,000. Want to learn more about 2324 W Iowa Street Chicago, Illinois 60622? Contact an @properties agent to request more info.


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