3100 W Douglas Boulevard Chicago, IL 60623

Other MLS #: 12447225 Courtesy Of Keller Williams Realty Infinity

Property InformationDescription

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.

Features

  • Age: Over 50 Years Old
  • Architecture Style: Other
  • Building Units: 15
  • MLSID: 12447225
  • Roof Type: Membrane

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3100 W Douglas Boulevard, Chicago, IL 60623
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