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1133 N Winchester Ave
Chicago, IL 60622
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Recent full rehab
- Diverse unit sizes
- 1 block from Division Ave
Executive Summary
Exceptional turn key property on one of the best blocks in East Village/Wicker park area. Two Beautiful buildings on one site that you will be proud to own. Comprise of six units between two buildings - four units in front and 2 units in rear. The property consists of two 2 bed 2 bath, one 2 bed 1 bath, one 4 bed 2 bath duplexes, one 1 bed 1 bath, and one 1 bed 1 bath with a den. The vintage units received a complete gut renovation in 2022 but still retain their charm. Each apartment features new kitchens, bathrooms, hardwood floors, stainless steel appliances, HVAC, and in-unit laundry. Clean and cared for, thoughtfully managed with plenty upside left for next owner. Landmarked building on Landmarked block - East Village District. Located at just a stones throw to Division St and all the attractions that tenants love.
Property Facts
| Price Per Unit | $469,376 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.07 AC |
| Cap Rate | 6.99% | Building Size | 5,000 SF |
| No. Units | 6 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1916/2022 |
| Apartment Style | Low-Rise | Parking Ratio | 1.2/1,000 SF |
| Zoning | RT4 - Multi-family | ||
| Price Per Unit | $469,376 CAD |
| Sale Type | Investment |
| Cap Rate | 6.99% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 5,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1916/2022 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | RT4 - Multi-family |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 2 | $2,871 CAD | 550 - 700 |
| 2+2 | 2 | $3,667 CAD | 900 |
| 4+2 | 1 | $5,918 CAD | 1,400 |
| 1+1 | 1 | $2,578 CAD | 500 |
Property Taxes
| Parcel Number | 17-06-401-014-0000 | Improvements Assessment | $145,320 CAD |
| Land Assessment | $36,990 CAD | Total Assessment | $182,310 CAD |
Property Taxes
Parcel Number
17-06-401-014-0000
Land Assessment
$36,990 CAD
Improvements Assessment
$145,320 CAD
Total Assessment
$182,310 CAD
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