Active
1615 W Highland Avenue
Chicago IL, 60660
$3,295,000
Active
Commercial
Built in 1917
Courtesy of Trelleum LLC
Investment opportunity 6% cap to own a rare turnkey 13 unit brick building with coach house and garages on oversized lot in hot Edgewater neighborhood. Mix of bed/bath counts all occupied and renovated in last 2 years. In addition to new roof and hot water heaters apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near university, restaurants, retail, lake and more. Some value add opportunities. Cash flowing asset. Additional properties for sale in portfolio. More photos and info forthcoming. Please send POF and sign NDA for financials.
12005899
MLSⓇ ID
March 26, 2024
Listed
April 10, 2024
Updated
Map
1615 W Highland Avenue
Chicago IL, 60660
Interior Features
Total Stories
3
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.29 Acres
Other Property Details
Area Name
CHI - Edgewater
Taxes
$19,832
Tax Frequency
Annually
Days on Market
16
Garage
No
View
No
County
Cook
Pool
No
Buyer Agency Compensation
3%-$500
Courtesy of Trelleum LLC, Theresa Mueller,
Listing Contact: 630-715-9999
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Allie Payne & Julie Bird are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 4/10/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 10:04 PM UTC, 4/10/2024
