2705 N Kimball Ave., Chicago, IL 60647

2705 N Kimball Ave., Chicago, IL 60647
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$1,450,000
Sold on 8/28/20
Beds Baths Sq. Ft. Taxes Built
9 0.00 0 $11,050
On the market: 43 days
View full details, 15 photos, school info, and price history
A+ location and A+ renovation on this stunning, classic and legal Chicago 4-flat. Literally steps to the Logan Blue Line stop in the Heart of Logan (and behind the Logan Theater), and across from one of the nicest public parks in Logan Square (Unity Park), this high-end renovation offers an incredible investment return and is priced to sell at over a 6% cap and at a 11.5 GRM on actual rents. The building was totally gut renovated in 2020 and is fully occupied with solid tenants paying over $11,000 per month in rent. Units feature park views, quartz counters, stylish kitchens, baths, master suites, and modern floor plans. All new electric, plumbing, central HVAC, and all units have in-unit W/D. Brand new exterior porch with large balconies, on a massive oversized lot with a ton of outdoor space. Each unit has two bathrooms. Agent affiliated ownership. This is truly a trophy arm-chair investment in an A+ Logan location that you can sit back and manage for many years.
Listing courtesy of Michael Hagenson, New Era Chicago, LLC