Prime Investment Opportunity in Heart of UIC Campus. Turn key 6.4%+ cap rate. Property consists of two adjacent 3-flats (709 & 711 S Ada) - consisting of a total of six (6) - four (4) Bedroom / 1 Bathroom apartments grossing over $200,000 / year with rental upside. Large unfinished basement allow for potential to duplex ground floor units. The building was updated in 2017 and features remodeled kitchens and baths with like new appliances, in unit laundry, large layouts, great vintage charm blending old and new. Always full and easy to rent rent and manage. Property currently leased through 2020. Listing broker has interest in property.
Additional Information: This property is located in the CHI - Near West Side neighborhood, IL. This bedrooms multi family 5+ property is priced at $295.7/sqft.
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Listing information last updated on September 18th, 2019 at 6:35am CDT.