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4401-4403 N Beacon St
Chicago, IL 60640
Multifamily Property For Sale
·
13 Units
INVESTMENT HIGHLIGHTS
- Attractive Corner Walk-Up In Premier Sheridan Park Location.
EXECUTIVE SUMMARY
The Property features a desirable unit mix of thirteen (13) apartments, including three (3) large 1 Bd/1 Ba units with offices and ten (10) 2 Bd/1 Ba units. Each unit offers spacious layouts and excellent natural light, with select units offering separate dining rooms, sunrooms, and/or eat-in kitchens.
The Property presents a compelling value-add opportunity to add in-unit laundry and potentially add additional bedrooms. The property also features substantial basement space with high ceilings that may allow for the addition of new dwelling units or the option to duplex down existing units.
Having been extremely well maintained by current ownership, the building has received several recent capital improvements, including a newer rubber layer on half of the roof (2021), a rebuild of a significant portion of the parapet wall (2021), a new hot water system (2022), new water service, and new coin-operated laundry facilities.
The Property presents a compelling value-add opportunity to add in-unit laundry and potentially add additional bedrooms. The property also features substantial basement space with high ceilings that may allow for the addition of new dwelling units or the option to duplex down existing units.
Having been extremely well maintained by current ownership, the building has received several recent capital improvements, including a newer rubber layer on half of the roof (2021), a rebuild of a significant portion of the parapet wall (2021), a new hot water system (2022), new water service, and new coin-operated laundry facilities.
PROPERTY FACTS
| Price Per Unit | $344,433 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 0.13 AC |
| No. Units | 13 | Building Size | 13,200 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1913 |
| Apartment Style | Mid-Rise | ||
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District | ||
| Price Per Unit | $344,433 CAD |
| Sale Type | Investment |
| No. Units | 13 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.13 AC |
| Building Size | 13,200 SF |
| No. Stories | 4 |
| Year Built | 1913 |
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Refrigerator
- Oven
- Tub/Shower
- Basement
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Elevator
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | - |
| 2+1 | 10 | - | - |
PROPERTY TAXES
| Parcel Number | 14-17-123-010-0000 | Improvements Assessment | $165,931 CAD |
| Land Assessment | $55,324 CAD | Total Assessment | $221,255 CAD |
PROPERTY TAXES
Parcel Number
14-17-123-010-0000
Land Assessment
$55,324 CAD
Improvements Assessment
$165,931 CAD
Total Assessment
$221,255 CAD
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