3100 W Douglas BLVD Chicago, IL 60623

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 17,658 sqft

Price per Sqft $87

MLS Listing ID 12447225

Maintenance Fees $10,556

Year Built 1913

Annual Tax Amount $28,801

Tax Year 2023

Lot Dimensions 10,870. SQFT

Property Sub-Type Multi Family 5+

Property Description

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.

Location

State IL

County Cook

Area Chi - North Lawndale

Zoning MULTI

Rooms

Basement Unfinished

Interior

Fireplace N

Exterior

Roof Type Membrane,Reflective Coating

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Listed by Brian Pusczan • Keller Williams Infinity

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106