Chicago, IL 60626
$4,800,000 sold price
Mark Quesada
Broker / Owner
LIC #475144827
The property features a well-balanced unit mix consisting of twenty-eight (28) studio apartments and twelve (12) one-bedroom/one-bathroom units. The majority of apartments offer upgraded interiors complemented by vintage character, with finishes that include granite or quartz countertops, raised-panel cabinetry, and hardwood or vinyl flooring. Common area amenities include a secured building entrance, an on-site laundry facility, and a dedicated mail and package room. Current in-place rents are approximately 15% below market compared to nearby properties with similar finishes, presenting an opportunity for new ownership to implement a more proactive management strategy and capture meaningful rental upside.
Listed by Tal Haimovitch, Baird & Warner
MLS# MRD12588866 · Sold
History reflects records reported to the MLS and may be incomplete.