MLS #: 10427614
City: CHICAGO ZIP: 60614
Built In: 1891
Lot Size: A
Lot Dimensions: 25X100
Lot Description: H
# of Units: 4
Unit 1 Floor G: 2 bedrooms 1 baths $2000
Unit 2 Floor 2: 4 bedrooms 2 baths $4100
Unit 3 Floor 3: 4 bedrooms 2 baths $4200
Unit 4 Floor 4: 4 bedrooms 2 baths $4300
Gross Income $17,520
Net Op. Income $13,186
2425 North Geneva Terrace is a 4 unit greystone apartment building. The property features large renovated apartment units with laundry in-unit and central heat and air. Geneva Terrace is situated in the heart of Lincoln Park, just 2 blocks west of Lincoln Park and a few blocks east of DePaul University. Additionally, the Fullerton CTA station is located within 1/2 mile of the property. The property sits in the Arlington-Deming Landmark District and is surrounded by unique and architecturally significant historic structures creating a charming neighborhood feel. Geneva Terrace presents the rare opportunity to acquire a classic Chicago greystone in a historically significant and exclusive district of Lincoln Park. The unit mix is comprised of (3) 4 bed/ 2 bath apartments, and (1) 2 bedroom/ 1 bathroom apartment. Property has new roof, copper plumbing, individual furnaces with AC and a large backyard area for tenants.
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