3100 W Douglas BLVD Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60623
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