100% Leased Apartment Building with Solid Income
No Longer Available
2902 W. Fillmore St.
Chicago, IL 60612
3,783 SF
Multi-Family
The Details
- 3,783 SF multi-family building
- 100% leased apartments
- Three flat built in 2005
- Each apartment is 2 bed, 1 bath
- Units are individually metered
- Paved area for resident parking
- Solid in-place income with two long-term tenants
- Pro Forma NOI: $32,624
- Pro Forma Cap Rate: 9.1%
- Land Area: 3,100 SF
- Zoning: RT-4
- Part of Midwest TIF district
Built in 2005, this three unit apartment building is available for sale. Each unit is two bedroom, one bath with all utilities individually metered and there is a paved parking area for residents behind the building. The building is 100% leased with several long-term tenants. This building has solid in-place income with a potential for more than $33,000 of net operating income.
On the west side of Chicago, this apartment building is located less than five miles from downtown. Close to California, Roosevelt and Sacramento, this area features a blend of vintage homes built in the 19th century as well as new developments.