Lynn Hergert
- Buy
- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
Incredible opportunity to acquire a fully rehabbed, turnkey 6-unit multi-family income property in a highly desirable Uptown/Andersonville-adjacent pocket. This pristine center-entrance asset features a high-demand rental mix of four spacious 2-bedroom/2-bathroom units and two 3-bedroom/3-bathroom units, all boasting high-end modern finishes, updated kitchens and baths, and thoughtful layouts. Ideal for an investor seeking immediate stabilization and strong cash flow with a projected market rent of $18,000/month. The property includes a dedicated rear asphalt lot providing 6 outdoor parking spaces-a premium commodity for tenants in this neighborhood. Unbeatable urban location just steps from the Argyle Red Line station, lakefront recreation, and the vibrant dining and retail corridors of Clark Street. Exceptional turnkey addition to any portfolio.
Property Highlights
Property Type: Multi Unit - Multiple
General Information
Sqft: 5,800
County: Cook
Listed By:
Essex 312, LLC
773-305-4858
MRED MLS
MLS ID: 12692510
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1330 W Argyle Street , Chicago, IL 60640.
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563-441-1862
toll free 866-441-1862
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $2,500,000 | $2,500,000 | $2,500,000 |
| Down Payment | $87,500 | $0 | $500,000 |
| Monthly Mortgage Amount | $14,915 | $15,724 | $12,477 |
| Taxes | $3479 | $3479 | $3479 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,500 | $0 | $0 |
| Monthly Estimated Total | $20,623 | $19,932 | $16,685 |
Lynn Hergert
REALTOR®
Cell: (309) 738-8198
Other: (309) 551-9013
Licensed in IL
Moline Office
1701 52nd Avenue
Moline, IL 61265
(309) 743-8000
Moline, IL 61265
(309) 743-8000
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