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3018-3022 W North Ave 2 Unit Apartment Building $2,503,128 CAD ($1,251,564 CAD/Unit) 5.25% Cap Rate Chicago, IL 60647

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Investment Highlights

Great location directly across from 207-acre Humboldt Park
Two vacant city lots next to property for parking, outdoor patio or development!

Fully-leased mixed-use building with 2 apartments and restaurant/bar

Executive Summary

3-story mixed-use building with two vacant city lots included. The fully-leased building is home to a restaurant/bar (known as Humble Bar), 1-bedroom/1-bath apartment, and one 3-bedroom/2-bath apartment. Total annual income is $94,200. The two vacant corner lots (50'x125') that are included with property and can be used for parking, outdoor patio for restaurant, or for development. Bring your ideas!

3018 North Brochure

Property Facts

Price	$2,503,128 CAD	Apartment Style	Low-Rise
Price Per Unit	$1,251,564 CAD	Building Class	C
Sale Type	Investment	Lot Size	0.21 AC
Cap Rate	5.25%	Building Size	4,206 SF
No. Units	2	No. Stories	3
Property Type	Multifamily	Year Built	1898
Property Subtype	Apartment General Retail Restaurant General Retail Storefront Retail/Residential
Zoning	B3-3 - Shopping centers, large stores, and retail storefronts. Apartments permitted above the ground floor.

Price	$2,503,128 CAD
Price Per Unit	$1,251,564 CAD
Sale Type	Investment
Cap Rate	5.25%
No. Units	2
Property Type	Multifamily
Property Subtype	Apartment General Retail Restaurant General Retail Storefront Retail/Residential
Apartment Style	Low-Rise
Building Class	C
Lot Size	0.21 AC
Building Size	4,206 SF
No. Stories	3
Year Built	1898
Zoning	B3-3 - Shopping centers, large stores, and retail storefronts. Apartments permitted above the ground floor.

1 1

Very walkable

80/100

Very drivable

80/100

Good public transit

70/100

Very bikeable

80/100

Source: Local Logic^®

Property Taxes

Parcel Numbers	Multiple 13-36-327-028-0000 13-36-327-027-0000 13-36-327-029-0000	Improvements Assessment	$75,505 CAD
Land Assessment	$73,211 CAD	Total Assessment	$148,716 CAD