1649 Cortland Street

    Chicago, IL 60622
    • $1,799,000
    • STATUS: Active
    • ON SITE: 28 days
    • MLS #: 10027635
    UPDATED: 15 min ago
    $1,799,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,813
      SQFT
    • $374
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    2007
    County:

    School Ratings & Info

    Description

    Incredible opportunity to own fully occupied newer construction brick/stone condo quality build w new NNN 10 year lease w 3% annual rent increase in turn-key investment in highly desirable & accessible corridor nestled between booming Bucktown & Lincoln Park w easy Metra & highway access*Unit mix includes (3) 3Bd/2 Ba fully upgraded apartments & 1438SF of commercial dental space on ground level+2 private storage lockers & 4 exterior parking spots*Highly desired spacious residential units feature everything a modern tenant wants: high-end finishes in the kitchens & baths including stainless steel, granite, hardwood floors throughout, in-unit laundry, central air, walk-in closets & 2 outdoor balconies*Building is conveniently located with highly accessible access to 90/94, Clark/North Bus 73 & steps to the Clybourn Metra, which means high accessibility for tenants & visitors to the commercial space from downtown & the north suburbs*Nothing to do but tour the space & collect a check

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    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Saladino Sells Team | Keller Williams Chicago - Lakeview. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than The Saladino Sells Team | Keller Williams Chicago - Lakeview are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-08-21T11:54:25.927.

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    www.saladinosells.com/homes/85880214

    1649 Cortland Street Chicago, IL 60622

    • Price: $1,799,000
    • Status: Active
    • Updated: 15 min ago
    • MLS #: 10027635
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    4,813
    SQFT
    $374
    $/SQFT
    2007
    Built
    Neighborhood:
    Chi - Logan Square
    County:
    Cook
    Area:
    Chi - Logan Square
    Property Description
    Incredible opportunity to own fully occupied newer construction brick/stone condo quality build w new NNN 10 year lease w 3% annual rent increase in turn-key investment in highly desirable & accessible corridor nestled between booming Bucktown & Lincoln Park w easy Metra & highway access*Unit mix includes (3) 3Bd/2 Ba fully upgraded apartments & 1438SF of commercial dental space on ground level+2 private storage lockers & 4 exterior parking spots*Highly desired spacious residential units feature everything a modern tenant wants: high-end finishes in the kitchens & baths including stainless steel, granite, hardwood floors throughout, in-unit laundry, central air, walk-in closets & 2 outdoor balconies*Building is conveniently located with highly accessible access to 90/94, Clark/North Bus 73 & steps to the Clybourn Metra, which means high accessibility for tenants & visitors to the commercial space from downtown & the north suburbs*Nothing to do but tour the space & collect a check
    Exterior Features

    Construction BrickStone Frontage Access City StreetUs Highway Lot Dimensions 3044 Lot Sq Ft 3044 Number Of Parking Spaces 4 Roof Coverings MembraneRubber

    Interior Features

    Air Conditioning Central Individual Floor Finish Wood Number Of Apts 3 Number Of Dishwashers 3 Number Of Disposals 3 Number Of Dryers 3 Number Of Offices 1 Number Of Ranges 3 Number Of Refrigs 3 Number Of Stores 0 Number Of Stories 4 Number Of Washers 3 Outdoor Parking 1-5 Spaces

    Property Features

    Age 7-15 Years Built Before1978 YN No Current Use Commercial Electricity Expense 1200 Estimated Cam SF 3.6 Exterior Building Type BrickStone Fuel Expense 0 Geographic Locale Downtown ChicagoChicago North Gross Rental Income Amount 15275 Heat Ventilation Central Heat/Indiv ControlsForced Air Insurance Expense 3256 Lease Type Net Miscellaneous Outside Balcony/Ies Net Oper Income Amount 11964 Number Of Tenants 4 Other Expenses 13137 Potential Use CommercialCondominiumResidential-Multi-FamilyRetail Rental Price 25 Tax Year 2016 Taxes 13717 Tenant Pays Air ConditioningCommon Area MaintenanceElectricHeatReal Property TaxesRepairs And MaintenanceWater/SewerVaries By Tenant Total Annual Exp 33110 Total Annual Expense Source Combination Total Annual Income 152750 Total Monthly Income 11996 Township West Chicago Washer Dryer Lsd YN No Water Expense 1800 Zoning Type Commr

    Listing information © 2018 Midwest Real Estate Data LLC.
    Listing provided courtesy of Keller Williams Chicago-Lincoln Park.


    © 2018 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Saladino Sells Team | Keller Williams Chicago - Lakeview. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than The Saladino Sells Team | Keller Williams Chicago - Lakeview are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing broker. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Data last updated: 2018-08-21T11:54:25.927.

    Digital Millennium Copyright Act
     
    The Saladino Sells Team | Keller Williams Chicago - Lakeview
    8750 W. Bryn Mawr Ave. Suite 110E
    Chicago IL, 60631
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