2448-50 N Clybourn Avenue Chicago, IL $ 6,799,000
2448-50 N Clybourn Avenue
$ 6,799,000
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2448-50 N Clybourn Avenue

Chicago, IL, 60614
$ 6,799,000
Bedrooms14 Baths0.0

Monthly Estimate*

$ 45,188

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Multi-Family Home for sale in Chicago, IL

for $6,799,000 with 14 bedrooms. This home was built in 2019.

Impeccable all brick, 2019 build, 12 unit apartment building in Lincoln Park. Built by an experienced builder with over 30 years experience building in the Chicagoland area. Built as a condo building, this property was finished to the highest quality, including quartz counters, stainless appliances, fire places, in-unit washer/dryer, garage parking and rooftop decks. Fantastic rental units, never vacant. Turn key property. The seller has never allowed pets, so the units have stayed in fantastic condition. // $586,500 Gross Yearly Rental Income // 5.63% CAP Rate // Upside Potential Bringing Rents to Market Rates (Number of long term tenants)

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Multi-Family Active

Price

$ 6,799,000

Bedrooms

14

Property Type

Multi-Family

Taxes

$ 133,725

Style

Multi-Family

Year Built

2019

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12026011

Features
General
Cooling Central Air
Possession Closing
Year Built 2019
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat Hot Water
Stories 4
Township Lake View
Tax Year 2021
Current Use Multi-Family
Gross Income 586500
County Cook
Net Operating Income 389610
Operating Expense 196890
Insurance Expense 0
Property Type Commercial Sale Multi Family 5+
Status Active
Directions Fullerton to Clybourn North to 2450
City Chicago
NumberOfUnitsTotal 12
MLS Area CHI - Lincoln Park
Street Name Clybourn
Tax Annual Amount 133725
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 6
Standard Status Active
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Interior
Total Fireplaces 12
Street Suffix Avenue
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Exterior
Lot Dimensions 79X150
Lot Size Acres 0
Exterior Brick
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* Excluded Features
List By
Compass

Broker

tim.sheahan@compass.com; thesheahangroup@compass.com

Email

Affordability Calculator

$56,332
Per Month
80%
20%
0%
Monthly Principal & Interest
$45,188
Monthly Property Taxes
$11,144
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/10/2024$6,799,000 Listed Price

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2448-50 N Clybourn Avenue, Chicago, IL, 60614 is a Multi-Family Home for sale at $6,799,000. 2448-50 N Clybourn Avenue has 14 bedrooms, 0.0 baths, and was built in 2019. The property's zip code is 60614 which is in Chicago, IL