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PORTAGE PARK
MULTI-FAMILY VALUE-ADD OPPORTUNITY
Part of the Gary R. Carlson NW Side Portfolio

4053 N. Mobile Ave, Chicago, IL 60634

$599,000

Property Description

Rare opportunity to acquire a unique multi-building property on an oversized 13,738 SF lot in Chicago's Portage Park neighborhood. The asset consists of a front 2 unit building and rear building with 4 apartments and attached two car garage. Rear building offers a large 3bd 2ba owners unit with a private yard. Parking for 5 cars in front of the lot. Situated on a quiet, tree-lined street near Six Corners, the property benefits from strong rental demand, easy access to public transportation, and proximity to neighborhood retail and amenities. Ideal for investors seeking a redevelopment or long-term hold opportunity with multiple exit strategies. Very unique property with strong value add potential.


Visit our Listing Data Room via URL below to access property rent roll and financials. For any questions regarding the property or the Carlson Northwest Side Portfolio, contact the listing agent.

Contact Agent

Matthew Fritzshall

(847) 778-8746

Harrison Cohen

(847) 624-6639

Property Details

Property Type

Multi-family

Year Built

1920

Year Renovated

N/A

Current Cap-Rate

4.53%

Pro Forma Cap-Rate

5.19%

Property Highlights

  • Contact listing agent for property highlights

Listing Deal Room Access

GET IN TOUCH

312-788-9379
office@tritonrealtygroup.com

5301 N. Damen

Chicago, IL 60625

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