1044 W Montana Street

    Chicago, IL 60614
    • $1,274,850
    • STATUS: Active Under Contract
    • ON SITE: 61 days
    • MLS #: 10113961
    Under Contract
    $1,274,850
    • 12
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1886
    County:

    School Information

    Description

    Rarely available 6.8% cap rate investment just steps to DePaul University and Brown/Purple/Red Fullerton stop with Oscar Mayer attendance! This well maintained 5 unit property, taxed as a 4 unit property, is a money making machine. Keep as an armchair investment property, buildings running smoothly just keep high rents coming. Absolutely no vacancies due to prime location. Units have many updates including copper plumbing lines, renovated kitchens and bathrooms, updated gas forced air HVAC systems and separate utilities. Add this to your portfolio, front building First and Second floor units over 1,100 square feet each. Garden unit ceiling height over 7 feet tall, Coach house units are also large with tall ceilings and spacious rooms. Room to improve rents without having to do major renovations. Building has over 7% cap rate potential. Surrounded by restaurants and shops with a walk score of 95. Total annual income includes Garden unit rent. Garden unit has two entrances.

    Monthly Payment Calculator



    © 2018 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Touchstone Group. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Touchstone Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-12-16T23:49:52.587.

    Digital Millennium Copyright Act
    www.tsgre.com/homes/88567775

    1044 W Montana Street Chicago, IL 60614

    • Price: $1,274,850
    • Status: Active Under Contract
    • MLS #: 10113961
    12
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    1886
    Built
    Neighborhood:
    Chi - Lincoln Park
    County:
    Cook
    Area:
    Chi - Lincoln Park
    Elementary School:
    Oscar Mayer Elementary School
    High School:
    Lincoln Park High School
    Property Description
    Rarely available 6.8% cap rate investment just steps to DePaul University and Brown/Purple/Red Fullerton stop with Oscar Mayer attendance! This well maintained 5 unit property, taxed as a 4 unit property, is a money making machine. Keep as an armchair investment property, buildings running smoothly just keep high rents coming. Absolutely no vacancies due to prime location. Units have many updates including copper plumbing lines, renovated kitchens and bathrooms, updated gas forced air HVAC systems and separate utilities. Add this to your portfolio, front building First and Second floor units over 1,100 square feet each. Garden unit ceiling height over 7 feet tall, Coach house units are also large with tall ceilings and spacious rooms. Room to improve rents without having to do major renovations. Building has over 7% cap rate potential. Surrounded by restaurants and shops with a walk score of 95. Total annual income includes Garden unit rent. Garden unit has two entrances.
    Exterior Features

    Cars 0 Exterior Building Type Vinyl Siding Exterior Property Features Storms/ScreensGrill-Outdoors Floor Unit1 1 Floor Unit2 2 Floor Unit3 1 Floor Unit4 2 Foundation BrickStone Lot Dimensions 25X108/115 Lot Size Less Than .25 Acre Parking None Parking Included In Price No Roof Type Asphalt/Glass (Shingles) Style Of House A-Frame Type Multi 3 Flat4 Flat Waterfront YN No

    Interior Features

    Appliances Features Unit1 StoveRefrigeratorDishwasherCentral Air ConditionerRange Hood Appliances Features Unit2 StoveRefrigeratorWasherDryerDishwasherCentral Air ConditionerRange Hood Appliances Features Unit3 StoveRefrigeratorDishwasherCentral Air Conditioner Appliances Features Unit4 StoveRefrigeratorDishwasherCentral Air ConditionerRange Hood Basement Full Basement Description Partially Finished Bath Amenities Soaking Tub Bedrooms Above Grade 12 Bedrooms Below Grade 0 Bedrooms Unit1 3 Bedrooms Unit2 3 Bedrooms Unit3 2 Bedrooms Unit4 2 Equipment Co DetectorsCeiling Fan Full Baths In Building 5 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 1 Half Baths In Building 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Fuel GasForced Air Rooms 20 Rooms Unit1 6 Rooms Unit2 6 Rooms Unit3 4 Rooms Unit4 4

    Property Features

    3 Br Un In Bldg YN Yes Additional Sales Information List Agent Must Accompany Age 100+ Years Agent Owned Interest YN No Area Amenities Curbs/GuttersSidewalksStreet LightsStreet Paved Built Before1978 YN Yes Contingency Flag Attorney/Inspection Corporate Limits Chicago Elementary Sch Dist 299 General Information Commuter BusCommuter Train Gross Expenses 19253 Gross Rental Income 10632 High Sch Dist 299 Holds Earnest Money Yes Jr High Middle Dist 299 Lease Exp Date Mo Yr Unit1 06/19 Lease Exp Date Mo Yr Unit2 07/19 Lease Exp Date Mo Yr Unit3 Mm/Mm Lease Exp Date Mo Yr Unit4 03/19 Net Oper Income 87067 New Construction No Other Addl Income Other Ownership Fee Simple Possession Closing Recent Rehab YN No Rent Unit1 1935 Rent Unit2 2390 Rent Unit3 1550 Rent Unit4 1550 Sec Deposit Unit1 1000 Sec Deposit Unit2 0 Sec Deposit Unit3 0 Sec Deposit Unit4 1000 Sewer Sewer-Public Special Assessments No Special Service Area N Tax Year 2017 Taxes 19253.52 Tenant Pays Unit1 ElectricGasHeat Tenant Pays Unit2 ElectricGasHeat Tenant Pays Unit3 ElectricGasHeat Tenant Pays Unit4 ElectricGasHeat Total Rental Income 10632 Total Units In Building 4 Township Lake View Water Lake Michigan Zoning Type Multi

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Lucid Realty, Inc..


    © 2018 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Touchstone Group. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Touchstone Group are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-12-16T23:49:52.587.

    Digital Millennium Copyright Act
     
    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647