$3,950,000
1324 W Devon Avenue
Chicago, IL, 60660
This investment has been 98% rehabbed and updated, and now it is fully rented! Electrical, plumbing, and major mechanicals have all been addressed and updated. This 16 unit building is comprised of 16 units (2 commercial and 14 residential). The commercial tenants are on long term leases (expiring ’28 & ’30), and 12 of the 14 residential units have been completely updated. The location of the building means any investor will have a solid renter pool to choose from and the building’s return is above market average for the location.
Property Details
Price:
$3,950,000
MLS #:
MRD12039167
Status:
Active
Beds:
0
Baths:
0
Address:
1324 W Devon Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Apr 25, 2024
State:
IL
ZIP:
60660
Year Built:
1929
Schools
Interior
Exterior
Financial
Buyer Agent Compensation
2% – $425Net Sale Price
Tax Year
2021
Taxes
$25,613
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
More About DebraMortgage Calculator
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1324 W Devon Avenue
Chicago, IL
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