3100 West Douglas Boulevard, Chicago, IL, 60623

$1,550,000

About 3100 West Douglas Boulevard

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.

Additional Information: This property is located in the CHI - North Lawndale neighborhood, IL. This 0 bedrooms multi family 5+ property is priced at $1,550,000.

Facts & Features

MLS® # 12447225
Price $1,550,000
Bathrooms 0.00
Taxes $28,801
Acres 0.00
Year Built 1913
Type Commercial Sale
Sub-Type Multi Family 5+
Status Contingent

Community Information

Address 3100 West Douglas Boulevard
Area CHI - North Lawndale
City Chicago
County Cook
State IL
Zip Code 60623

Amenities

Is Waterfront No
Has Pool No

Interior

Fireplace No
Has Basement Yes
Basement Unfinished

Exterior

Exterior Brick
Roof Membrane, Reflective Coating
Foundation Concrete Perimeter

Additional Information

Days on Market 75
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No
Taxes $28,801

Listing Details

OfficeKeller Williams Infinity
Contact Infoklrw55@kw.com

Listing Map

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