2601 N Hamlin Ave
Chicago, Illinois, United States

Description

11 total condo units to be converted into apartment rentals. There are currently 4 units that have been newly leased. One 2 bedroom, 1.5 bath for $1,400/month, one 2 bedroom 1.5 bath for $1,650/month, one 3 bedroom, 2.5 bath duplex for $2,200/month, and one 3 bedroom, 2 bath duplex for $1,800/month. Projected taxes are to be $32,000 current tenants pay for gas, electric, and cable/internet. 5 other owners have elected to rent back their unit from new buyer for a period of 1-12 months at a rate of $1,620/month for the 2 bedroom, 1.5 bath units and $2,020/month for the 3 bedroom, 2.5 bath duplex units. This building has eight 2 bedroom, 1.5 bath 1100 square foot units and three 3 bedroom, 2.5 bath duplex units ranging from 1700-2000 square feet. Every unit has in unit laundry, individual HVAC, gas, and electric. Property also includes 5 gated parking spots and exterior surveillance system. New back deck constructed in 2016. Make some cash flow today!

Presented by

Hinsdale

Hinsdale
Berkshire Hathaway Homeservices KoenigRubloff Realty Group
Click To Show Phone
Main: +1 630 325 7500
Fax: +1 630 325 7501

Alexander Abramowicz

Alexander Abramowicz
Berkshire Hathaway Homeservices KoenigRubloff Realty Group

Location

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