Address
2618 West Rosemont Avenue Chicago, IL
Price
$ 1,425,000
Property Attributes
  • MLS#10692189
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - West Ridge
  • NeighborhoodWest Rogers Park
  • Zip60659
  • Style
  • Year Built1929
  • Taxes18532
  • Price$ 1,425,000
  • Bedrooms9
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Triton Realty Group LLC
Property Description

A fantastic opportunity to own a portfolio of nine (9) condos located between two buildings in West Ridge. A new owner will have a 7.90% CAP rate on current #'s and the potential to unlock a 9.58% CAP rate. The portfolio boasts an attractive unit mix of spacious 2-Bed and 3-Bed units. Four (4) units are located in a s-shaped courtyard building at 2338-44 W. Granville / 6200-04 N. Claremont Ave. comprised of 19 total condominium units. The other five (5) units are located at 2618-20 W. Rosemont / 6301-05 N. Talman Ave. which contains 14 condominium units in total. Both properties were completely gut renovated while being converted to condos during 2006-2008. The buildings were torn down to the supporting walls. Everything was rebuilt at this time including all new: floor plans, electrical, plumbing, HVAC, roof, windows, flooring, kitchens, baths, in unit W/D, etc. Both buildings are professionally managed with healthy reserves.

Price History
4/17/2020 Listed $1,425,000

General Features

Age 7-15 Years
Assessment Includes Heat, Water, Electric
Built Before 1978 Yes
Multi-Family Type Condo/Townhouse
Other Expenses 34435
Ownership Type Condo
Status Active
Tax Year 2018
Taxes 18532
Total Annual Income 145500
Total Units 9
Year Built 1929

Interior Features

Air Conditioning Central Air
Board Number 8
Dryer(s) 9
Ranges 9
Refrigerators 9
Total Monthly Income 12125
Total Stories 4
Unit Type 1 Rooms 4
Unit Type 4 Full Baths 3
Unittype3bedstotal 2

Exterior Features

Lot Dimensions 55 X 175

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60659

Price
AVG $680K
$1.43M
Taxes
AVG $8,629
$18,532
Visits
AVG 45
95
Year Built
AVG 1931
1929
Walkscore
AVG 87
96
Data Provided by Walkscore ® not using MLS data

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