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Pharma Property Group has retained the exclusive right to market the Walgreens located on the signalized northeast corner of South Kedzie Avenue and West 55th Street in Chicago, IL. The store is the only 24-hour Walgreen/CVS within a four mile radius and has exceptional sales volumes of $6,800,00 reported per year. There are 14 years of guaranteed income before the 7 five-year options to follow at an offering price of a 5.75 CAP. This is a rare opportunity to purchase a Walgreens at a price point under $4,000,000 where Walgreens is paying under $20 square foot rent for an infill Chicago MSA location and has sales of nearly $1,300 per square foot.
OCR is pleased to present the opportunity to acquire a well located three flat in the Lakeview Neighborhood on Chicago's north side. The property has an excellent unit mix with one (1) four bedroom, two bathroom; one (1) three bedroom, two bathroom unit; one (1) two-bedroom, one bathroom garden unit. In addition the property has a 2-car garage. Completely renovated, all units have multiple full bathrooms, rear deck, all separate utilities.
Rare E. Lakeview Opportunity! zoned RM 5. 25'x144.65' Vacant Lot + Greystone at 731 W. Barry. 4 unit Greystone produces $130k/year gross income. $2,995,000 for buildable lot plus greystone. OWNERSHIP IS WILLING TO COOPERATE WITH POSSIBLE BUILDING OPTIONS OR JOINT VENTURE! PLEASE DO NOT DISTURB THE TENANTS.
AMAZING OPPORTUNITY TO OWN FOUR ADJACENT PROPERTIES IN THE HEART OF OLD TOWN FOR A TOTAL OF 14 UNITS! EACH PROPERTY IS SEPARATELY PINNED WHICH ALLOWS FOR FINANCING OPTIONS FOR THE LONG-TERM INVESTOR. ENTIRE PACKAGE CONSISTS OF (2) 3-FLATS AND (2) 4-FLATS.
BEAUTIFULLY GUT-REHABBED 9-UNIT PROPERTY IN THE EAST LAKEVIEW NEIGHBORHOOD OF CHICAGO'S NORTH SIDE. THE PROPERTY FEATURES AN 8-UNIT MAIN BUILDING WITH A HUGE COACH HOUSE. PROPERTY HAS CONDOMINIUM QUALITY FINISHES THROUGHOUT WITH GRANITE AND STAINLESS KITCHENS, IN-UNIT LAUNDRY AND HARDWOOD FLOORS THROUGHOUT.
BEAUTIFULLY REHABBED 6-FLAT IN THE EAST VILLAGE HISTORIC DISTRICT. FULLY REHABBED WITH NEW PLUMBING, ELECTRIC, HVAC, FLOORS, IN-UNIT LAUNDRY, WINDOWS, SIDING, GRANITE AND STAINLESS KITCHENS WITH SUBWAY TILE BACK SPLASH.
-Well maintained & profitable 6 unit building. -4 residential 2 Br / 1 Bth units -2 retail fronts -2 car garage in the back of the building. -Each front has approx 1600 sq ft & features private office rooms, & 2 baths. -Cap Rate: 10.5% -One front is leased out to a doctors office, and the second retail front has just signed a long term lease -New roof has recently been done with warranty. Great Investment!!!
$435,000Size Upon Req.
WELL-MAINTAINED SOLID BRICK COURTYARD 13-UNIT BUILDING. EACH UNIT HAS ITS OWN FURNACE AND ELECTRIC METER. OWNER PAYS TO HEAT WATER ONLY. UNITS ARE BEING UPGRADED, NEWER ROOF, RECENTLY TUCK-POINTED. INCLUDES 9 GARAGES. THIS CAN BE AN ABSOLUTE MONEY MAKER FOR AN INVESTOR. TRULY A GREAT OPPORTUNITY FOR A SMART BUYER. Zoning RS-3. 13 units, 3R/1B/1B. PROPERTY IS BEING SOLD AS IS.
SVN is pleased to offer for sale a 25 unit brick multifamily building. The unit mix is (13) 1 Bedroom 1 Bath, and (12) 2 Bedroom 1 Bath units. All units are in good condition and the majority of units have been recently renovated. Improvements to the properties include newer windows (2009), porches (2010), hot water tank (2009) and updated plumbing and electric. The building has a central boiler steam heat. The property has Class 9 classification. There are 3 washers and 3 dryers, which are leased. The building is situated on a 128x107 parcel of land and is zoned RT-4. The property is well occupied.
See attached PDF for income expense info. Value-Add transaction priced to sell. Actual financials used and added management fees. 19,000 sf /- all masonry building. 8 (3) Bedroom units with low rents above 9000 sf +/- Commercial space -partially leased. Income and expenses shown are reflective of actual collected rents. Great opportunity to bring value through a round of leasing, and apartment rental increases. Long term owner has not aggressively leased spaces, or kept up with residential rental environment. Building has all new windows and sliding glass doors on second level. 4600sf +/- of first floor space not included in income statement opportunity to add a minimum of $28,500 of income assuming a $7psf rent. The Karate Studio is only paying $7 psf which is below a market rent. Opportunity for an owner occupant, or savvy value-add investor. Plenty of parking on site, and lot to the south is included. Units had balconies, could restore along with skylights in apt. Large drive in door in rear.