NEW HI END 4 UNIT. LUXURY CONSTRUCTION 3 HUGE APARTMENTS & 1 STOREFRONT OFFICE READY FOR YOUR PORTFOLIO. THIS 7+ CAPPER LIES IN THE EASTERN MOST POCKET OF PILSEN BORDERING THE SOUTH LOOP & SITS ON A RARE EXTRA LONG LOT THAT ALLOWS FOR HUGE 106' LONG BUILDING AND DOULBE THE PARKING SPACE(34' long spaces fit 2 cars tandem). IT'S WELL PRICE IS EVIDENT IN IT'S GRM WITH A MULTIPLIER OF 11.5 + and IT'S A NEW BUILT- WHY BUY REHABS WHEN YOU HAVE CONDO QUALITY TO CASHFLOW FOR YEARS AS THE PLANNED UNIT DEVELOPMENT GOES IN ACROSS THE STREET AND THEN SELL CONDO LATER. LOCATION IN "RIVER'S EDGE OF EAST PILSEN" IS ABOUT TO APPRECIATE. THIS 4 UNIT BUILDING IS UNDER CONSTRUCTION AND FINISH DATE IS MAY 2020. BASED ON MARKET RENT COMPARABLES FROM WITHIN 3 BLOCKS ONCE FULLY RENTED.....ONE STOREFRONT AND THREE LARGE 3 BED 2.1 BATH LUXURY APARTMENTS WILL BE FINISHED ABOVE CONDO QUALITY(QUARTZ COUNTERS, SS QUALITY APPLIANCES, FULL LAUNDRY IN UNIT IN EACH UNIT, ROOF VIEW/ACCESS FOR EACH UNIT, FRONT AND REAR BALCONY FOR EACH. 2 PARKING SPACES(TANDEM) FOR EACH UNIT. THIS LOCATION IS ACROSS THE STREET FROM A MULTI-BUILDING PLANNED UNIT DEVELOPMENT OF 320+ RESIDENTIAL UNITS AND A MID-RISE RETAIL COMPLEX AND 2 BLOCKS FROM "RADIUS" ...A 4000 SEAT PLANNED MUSIC VENUE ON CERMAK. OVER 12 NEW SCATTERED SITE RESIDENTIAL NEW CONSTRUCTION PROJECTS ALSO UNDERWAY WITHIN 3/4 MILE ...... WALK ACROSS THE 18th st BRIDGE ON FOOT TO THE SOUTH LOOP OR WALK UP TO ROOSEVELT TO WHOLE FOODS, ICON THEATRES AND THE WHOLE SHOPPING DISTRICT OF THE ROOSEVELT COORIDOR.... JUMP ON I90-94, I 55 in MOMENTS. TAKE METRA, BUS STOPS, EL AND METRA-- ALL NEARBY IN PILSEN. EMAIL FOR OM
Mixed Use Area, Central Business District, Commercial Business Park, Riverfront, Public Transport Avail
Brick, Concrete, Concrete Block, Steel, Stone
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Listing information last updated on June 6th, 2020 at 7:20am CDT.