JUST LISTED - Classic Chicago Courtyard with Value-Add Upside
- Triton Realty Group
- Jul 19, 2023
- 1 min read
Triton Realty Group LLC’s President, Matthew A. Fritzshall, proudly presents for sale 4825-31 N. Springfield Ave., a 28 unit multi-family building an excellent Albany Park location. This investment opportunity presents a new investor with the ability to acquire a well-maintained professionally managed building, 100% occupied and with rental upside in existing condition.
🏢 The unit mix consists of twenty-one (21) studios, six (6) 1 bed/ 1 bath and one (1) 2 bed/1 bath apartments. The studio units have a separate living/bedroom space, providing a comfortable and functional living experience. Each unit offers hardwood floors, an abundance of natural sunlight, ceiling fans, and updated kitchens and bathrooms.
🔧 The property has been meticulously cared for by professional management and is equipped with well-maintained mechanical systems. The boiler system includes an updated control system, ensuring efficient heating throughout the property. A recently replaced hot water tank provides a reliable hot water supply for all residents. The plumbing consists of a mixture of copper and galvanized pipes and all electrical wiring has been upgraded to copper, enhancing safety and longevity.
đź’° Offered for purchase for $3,195,000 and under 10x in-place income this is an excellent investment opportunity. For additional information or to schedule a tour please contact Triton listing broker:
đź“ž (847) 778-8746
Check out all of Triton's available listings here ⬇
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