1419 W 19th Chicago, ILimages3.loopnet.com/d2/O0A9lnzge8Js7TsXNK-9QJLqr9... · Adding to the multicultural mosaic is the neighboring area Heart of Chicago, anchored by several old-school

1419 W 19th Chicago, IL 60608

William Oney-Paige312-867-8744 x203

[email protected]

4 Newly Renovated Apartments Pilsen

$820,000

Take a look at Pilsen

312.867.8744 | [email protected] |

Culture thrives in Pilsen and invites you to explore the treasures that wait around every corner. Here bold murals have blossomed in the most unexpected places — on the fronts of homes, along railway overpasses, and wrapped around train platforms. The artful vibe continues within storefront galleries and studios, including Thalia Hall, A.P.O Cultural Center, national Museum of Mexican Art, and the Prospectus Art Gallery.

It's a neighborhood that pulses with a youthful spirit and is ever evolving. Thanks to this diversity, you'll find offbeat vintage shops, independent coffee houses and quaint cafes alongside restaurants, bars, and grocers. Some highlights include Duseks Board & Beer, May St. Cafe, Nightwood, Honky Tonk BBQ, and De Colores.

Adding to the multicultural mosaic is the neighboring area Heart of Chicago, anchored by several old-school Italian restaurants. But whether you're on 18th Street or Oakley Avenue, it's the strong cultural heritage and rich working class legacy that are the backbone of Chicago's Lower West Side neighborhoods.

SUMMARY

ANNUALIZED OPERATING DATA

SCHEDULED INCOME

ESTIMATED ANNUALIZED EXPENSES

Multi-Residential-OperatingInformation

5425DennyAveNorthHollywood,CA91601

Summary

Price: $2,950,000DownPayment: $2,750,000NumberofUnits: 8CostperLegalUnit: $368,750CurrentGRM: 14.45CurrentCAP: 4.69%Approx.Age: 2016Approx.LotSize: 11,113Approx.BuildingSF: 6,980CostperNetGSF: $423AnnualizedOperatingData

ScheduledGrossIncome: 204,120LessVacancyRateReserve: (6,124) 3.0%GrossOperatingIncome: 197,996LessExpenses: (59,570) 29.2%NetOperatingIncome: 138,427Pre-TaxCashFlow: 138,427 5.0%

*Asapercentofthedownpayment

ScheduledIncome EstimatedAnnualizedExpenses

No. Bed/Bath Monthly Monthlyof Units SF Rent/Unit Income

4 1+1.5-725sf $1,801 $7,2053 2+2-956sf $2,403 $7,2101 2+2-1214sf $2,595 $2,595

Avg.Rent/Gr.Sq.Ft. $2.44TotalScheduledRent: $17,010 TotalExpenses: $59,570

PerNetSq.Ft.: $8.53MonthlyScheduledGrossIncome: $17,010 PerUnit: $7,446AnnualScheduledGrossIncome: $204,120

theaccuracyoftheinformation.Referencestosquarefootageorageareapproximate.Buyermustverifytheinformationandbearsallriskforanyinaccuracies.Thisinformationhasbeensecuredfromsourceswebelievetobereliable,butwemakenorepresentationsorwarranties,expressedorimpliedasto



Summary





Taxes: $36,875No. Bed/Bath Monthly Monthly Insurance $0.50/RSF $3,490

of Units SF Rent/Unit Income Utilities $55/Unt/Mnt $5,2804 1+1.5-725sf $1,801 $7,205 Repairs+Maintenance $35/Unt/Mnt $3,3603 2+2-956sf $2,403 $7,210 Trash,Pest,Gard,Etc $25/Unt/Mnt $2,4001 2+2-1214sf $2,595 $2,595 Off-siteManager 4.0% $8,165

Avg.Rent/Gr.Sq.Ft. $2.44TotalScheduledRent: $17,010

MonthlyScheduledGrossIncome: $17,010AnnualScheduledGrossIncome: $204,120




Summary





Taxes: $36,875Insurance $0.50/RSF $3,490Utilities $55/Unt/Mnt $5,280Repairs+Maintenance $35/Unt/Mnt $3,360Trash,Pest,Gard,Etc $25/Unt/Mnt $2,400Off-siteManager 4.0% $8,165






Summary





Taxes: $36,875No. Bed/Bath SF Monthly Monthly Insurance $0.50/RSF $3,490

of Units Rent/Unit Income Utilities $55/Unt/Mnt $5,2804 1+1.5 725sf $1,801 $7,205 Repairs+Maintenance $35/Unt/Mnt $3,3603 2+2 956sf $2,403 $7,210 Trash,Pest,Gard,Etc $25/Unt/Mnt $2,4001 2+2 1214sf $2,595 $2,595 Off-siteManager 4.0% $8,165

TotalExpenses: $59,570PerNetSq.Ft.: $8.53PerUnit: $7,446




Summary



Taxes: $36,875No. Bed/Bath Monthly Monthly Insurance $0.50/RSF $3,490

of Units SF Rent/Unit Income Utilities $55/Unt/Mnt $5,2804 1+1.5-725sf $1,801 $7,205 Repairs+Maintenance $35/Unt/Mnt $3,3603 2+2-956sf $2,403 $7,210 Trash,Pest,Gard,Etc $25/Unt/Mnt $2,4001 2+2-1214sf $2,595 $2,595 Off-siteManager 4.0% $8,165






Summary

NumberofUnits: 8CostperLegalUnit: $368,750CurrentGRM: 14.45CurrentCAP: 4.69%Approx.Age: 2016Approx.LotSize: 11,113Approx.BuildingSF: 6,980CostperNetGSF: $423AnnualizedOperatingData











Summary

Price: $2,950,000DownPayment: $2,950,000









312.867.8744 | [email protected]

RENT ROLL

312.867.8744| [email protected]


KITCHEN - STAINLESS STEEL APPLIANCES DINING AREA

LIVING AREA BATHROOM

RENTAL COMPS

1157 W 18th St., Chicago, IL

1924 S Throop St., Chicago, IL

2058 W Coulter St., Chicago, IL

188431

Year Built: Beds: Baths: Sq. Ft.: Price: Notes:

1095$1,800Remodeled

UNK1


1UNK$1,045White Appliances

1888

1750$1000Remodeled



1

1215-1225 W 18th St. Chicago, IL

18923


11,550$2,245 Remodeled

2148 W 18th St, Chicago, IL 60608

No. Of Units: 4 Year Built: 1885Sale Price:Price/Unit:

$830,000$207,500

Sold Date: 09/19/2016

SALES COMPS

312.867.8744| [email protected]

1151 W Erie, Chicago, IL 60642

No. Of Units: 8 Year Built: 1885

$1,800,000$225,000

Sale Price:Price/Unit:Sold Date: 6/12/2017

1506 W Chicago, IL 60608

No. Of Units: 7 Year Built: 1895

$1,996,000$285,142

Sale Price:Price/Unit:Sold Date: 8/29/2017

[email protected] www.windycityre.com

Documents

1419 W 19th Chicago, ILimages3.loopnet.com/d2/O0A9lnzge8Js7TsXNK-9QJLqr9... · Adding to the multicultural mosaic is the neighboring area Heart of Chicago, anchored by several old-school