$1,250,000

3012 W Warren Boulevard, Chicago, IL 60612

  • 5,200 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1925
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $240/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Great income earner in quickly up and coming East Garfield Park. Lots of high-end new construction and renovations going on in the area make this a shrewd investment. Professionally managed, solid brick building with 7 units. Great mix of 2 and 1 bed units along with a spacious garden unit to cap it off. 5 of the 7 units have had significant upgrades and rent has increased with each new tenant. Tenant quality is high as management company requires rigorous screening for all applicants including credit, criminal background checks, income verification and current/former landlord reference. Spacious units include really good bedroom sizes and lots of natural light that long term tenants covet. Easy street parking, laundry in the building and very well kept common areas also help with tenant retention. This is the kind of building that can grow as neighborhood rents and values continue to climb by continuing to update finishes to appeal to higher value tenants.

Listing Status:
Active
Listing Office:
Westward360 RM : 312-259-1126
Listing Agent:
Michael Dailey : 312-259-1126
MLS ID:
12515622
  • A/C: Window Unit(s)
  • Originating MLS: mred
  • County: Cook
  • Zoning: 16123250390000
  • Source: mred

This listing courtesy of Michael Dailey, Westward360 RM

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

C

Cather Elementary School

2908 W Washington Blvd, Chicago, IL, 60612

Grades PK-8

0.15 miles away

C

Cather Elementary School

2908 W Washington Blvd, Chicago, IL, 60612

Grades PK-8

0.15 miles away

M

Marshall Metropolitan High School

3250 W Adams St, Chicago, IL, 60624

Grades 9-12

0.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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