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2 Flat 2449 Marshfield Lincoln Park Chicago IL Mu
MLS #: 10327630
Detailed Listing Description
Attention Investors! 2-flat with 2 car garage in prime Lincoln Park location. 6.5% cap rate and almost $70K gross income! Top floor unit - full gut rehab in Fall 2018 with new mechanicals, new appliances, new HVAC, new water heater! It is the perfect owner's unit with 2 beds, 2 full baths, 2 loft spaces, 2 private decks and high ceilings w/ huge windows! Could easily be made into a 3 bed! This property is great for the armchair investor, but there are still a lot of value add opportunities! Both units have central heat/air, ample storage, D/W and W/D. Unit#1 was renovated in 2015 with new floors, new HVAC and new washer/dryer and is a 2 bed, 2 bath + private deck! 2 car garage is good for additional rent. Premier location: Marshfield Ave is full of $1.6M+, new construction single family homes, close to parks, shops, restaurants, nightlife and public transportation! And - award winning Prescott elementary is just 1 block away!
Additional Property Details
Garage & Parking
- Gargage DetailsA
- Gargage On SiteY
- Gargage OwnershipA
- Gargage TypeB
- Number of Gargage Spaces2
- Number of Parking Spaces0
- Parking Fee/Lease Amount0
- Tenant Pays Unit 1B,C,D,E
- Tenant Pays Unit 2B,C,D,E
- Appliances Unit 1A,B,C,D,E,F,I,M,P,U
- Appliances Unit 2A,B,C,D,E,F,I,L,M,N,P,R,S,T,U
- Grade School District299
- Jr High/Middle School District299
- High School District299
Zip Code Comparison: 60614Listings in this Zip Code average: 3 to 4 units, and are priced at $1,397,655 to $1,464,000
This listing is 4% more than other 2 unit listings in this zipcode.
Neighborhood Comparison:Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,494,179 to $1,560,429
CHI - Lincoln Park
This listing is 2% more than other 2 unit listings in this neighborhood.
Rental Income : Annual $67,500 Monthly $5,625
Rental Income Stabilized : Annual $58,044 Monthly $4,837
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Listing Office: Compass
1844 W Erie St Chicago
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