4249 W Division Street Chicago IL 60651 MLS #MRD11995303

We are pleased to present a unique 14-unit multifamily opportunity located in the desirable Humboldt Park neighborhood of Chicago’s West Side. The unit mix consists (2) Retail, (6) 1 Bedroom, (6) 2 Bedroom units. All units are very spacious with separate dining rooms, living rooms, and kitchens, plus an abundance of closet space. The building has a beautiful courtyard with (4) additional enclosed garage spaces and room for at least (4) outdoor spots. Recent capital improvements consist of new water tanks, newer porches, new windows, new booster pump, tuckpointing, recently poured concrete around building, boiler to be good through 2037, updated electrical, and a newer electrical gate that encloses the courtyard. This property is located in one of Chicago’s top Up-And-Coming Neighborhoods. This is a great opportunity for a savvy investor. Current low in place rents that can be increased significantly. Humboldt Park showed a 12% rental increase from 2022 and that trajectory will progress as the city continues to develop this West Side neighborhood.