2140 S Washtenaw Avenue

Chicago, Illinois 60608

Ron Knoll

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Square Footage

Property Type
Multiple Family

Near laganitas and Pink line el stop in upcoming "west pilsen village," Near Cinescape movie studios where Chicago Fire is produced. Easy to add laundry and furnaces into pantry. The smart buyer sees the high rent potential here - underented - increase rents to market and cap another 2% then hold on for the appreciation to come over the next 5 years as Pilsen's development moves west. With current rents and expenses this building is a 9.06% cap at current list price and a 5% vacancy rate built in. Separate gas and electric for all units. One common electric meter. With minor updates, conservative market rents

Full Features
Exterior Type: Brick
First Floor Master Bedroom: No
Fireplace: No
Pool: No
Square Feet: 5,013
Tax Amount: $3,490
Built: 1900
Parking Spaces: 2
Stories: 4
Roof: Shingle Composition
Current Use: Residential-Multi-Family
Zoning: MULTI
Building Square Feet: 5,013
Current Net Income: $52,370
Unit 1: 4 room(s) / 2 bed(s) / 1 bath(s)

Taxes & Assessments
Taxes: $3,490

Listing Office: Better Living Realty

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Nearby Public Transportation

CTA Rail

at California (0.16 miles away), Kedzie

BNSF Railway, Milwaukee District North, North Central Service, Milwaukee District West, Union Pacific West

at S Western Ave Metra (0.55 miles away), Western Ave Metra, Western, Kedzie and others

2140 S Washtenaw Avenue Chicago, Illinois 60608 is a multiple family property, which sold for $450,000. Want to learn more about 2140 S Washtenaw Avenue Chicago, Illinois 60608? Contact an @properties agent to request more info.

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