CBC - Sale Brochure (P) · OM NRT 2112 W. DIVISION STREET Chicago, IL 60622 AVAILABLE 7-Unit...

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2112 W. DIVISION STREETChicago, IL 60622

AVAILABLE7-Unit Building

ASKING PRICE$1,679,000

OFFICE

James [email protected]

Ben [email protected]

©2019 Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial NRT. All rights reserved. Coldwell BankerCommercial® and the Coldwell Banker Commercial are registered service marks owned by Coldwell Banker RealEstate LLC. Coldwell Banker Real Estate LLC, dba Coldwell Banker Commercial Affiliates fully supports the principlesof the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Theinformation provided is deemed reliable, but it is not guaranteed to be accurate or complete, and it should not berelied upon as such. This information should be independently verified before any person enters into a transactionbased upon it.

COLDWELL BANKER COMMERCIALNRT1338 W Madison St, Chicago, IL 60607312.733.1300

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Ben [email protected] NRT

OFFERING SUMMARY

Sale Price: $1,679,000

Cap Rate: 6.7%

NOI: $112,512

Available SF: Fully Leased

Lot Size: 0.07 Acres

Year Built: 1898

Building Size: 6,800 SF

Zoning: B3-2

Price / SF: $246.91

PROPERTY HIGHLIGHTS

• Hot "Wicker Park" Location Near Damen and Division At Hoyne and Division

• Fully Leased Mixed Use 7 Unit Building

• Add Some TLC To An Already Rehabbed Building

• Excellent Unit Mix With 2-Front 3-Bdrm Units Over The Storefront and 3-Rear2-Bdrm Units in The Rear

• The Storefront Has A Full Basement

• There Is A Rear Garden Office Space That Is Also Rented

• All Units Have Separate HVAC, in Unit Laundry, Built-In Microwaves andStainless Steel Appliances

• Excellent Investment Property in A Great Area, A Must See!S

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Chicago, IL 60622

2112 W. DIVISION STREET

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Chicago, IL 60622


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TENANT

NAME

UNIT

NUMBER

UNIT

SIZE (SF)

LEASE

START

LEASE

END

ANNUAL

RENT

Tenant 1F 1,100 06/01/2019 09/30/2020 $33,600

Tenant 1R 900 07/01/2018 07/31/2019 $17,400

Tenant 2F 1,100 05/01/2018 04/30/2019 $20,400

Tenant 2R 900 12/01/2018 11/30/2019 $18,000

Tenant 3F 1,100 07/01/2018 06/30/2019 $24,000

Tenant 3R 900 07/01/2018 06/30/2019 $18,000

Tenant Garden 800 Mon-Mon - $9,600

Totals/Averages 6,800 $141,000

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INCOME SUMMARY

Gross Income $141,000

EXPENSE SUMMARY

Cleaning & Maintenance $3,500

Insurance $5,200

Water $2,400

Real Estate Taxes (2017) $16,188

Refuse $1,200

Gross Expenses $28,488

Net Operating Income $112,512

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POPULATION 0.25 MILES 0.5 MILES 1 MILE

Total population 5,111 19,321 74,755

Median age 30.9 31.1 30.9

Median age (Male) 32.7 32.6 31.7

Median age (Female) 29.7 29.8 30.3

HOUSEHOLDS & INCOME 0.25 MILES 0.5 MILES 1 MILE

Total households 2,350 8,945 33,485

# of persons per HH 2.2 2.2 2.2

Average HH income $93,086 $90,092 $94,419

Average house value $542,038 $536,520 $538,923

* Demographic data derived from 2010 US Census

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CBC - Sale Brochure (P) · OM NRT 2112 W. DIVISION STREET Chicago, IL 60622 AVAILABLE 7-Unit...

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