5310 W Waveland Ave Chicago, IL

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W Waveland Ave, Chicago, Home For Sale

Price: $424,999
Address: 5310 W Waveland Ave
City: Chicago
State: IL
Zip:
Amenities: Parking,Patio/Deck,Refrigerator,Washer Dryer
Bathrooms: 3
Bedrooms: 6
Fee: No
Provided By: RealtyWW

Description:

(BIG Price Reduction) Come check out this Fantastic looking 3 Unit Multi-Family building situated on a Beautiful tree line Street in Portage Park. ((Legal 2 unit)) with a projected Cap Rate of close to 9%. The property is located just a 1/2 a block away from William P Gray Elementary School and Portage Park just a couple blocks away. The property sits on an extra wide lot 32x132. The property consists of the 1st floor (4) bedroom 1 bathroom unit with a full dining room/living room combo with projected rent at $2100 including the full garage, 2nd floor is a (2) bedroom 1 bathroom with projected rent at $1, 700 and the non-conforming lower level is a (2) Bedroom 1 bathroom unit projected with $800 rent. (The projected Cap rate is currently 8.95% from the projected rents) The lower unit would be ideal for Extra rent or Extended Family. Currently in the basement there is a Washer and Dryer for the entire building to use and some good value add would be to replace that with a coin operated washer dryer.

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