Chicago, IL 60608,3132 S LITUANICA AVE
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Chicago, IL 60608,3132 S LITUANICA AVE
Chicago, IL 60608,3132 S LITUANICA AVE
Chicago, IL 60608,3132 S LITUANICA AVE
Chicago, IL 60608,3132 S LITUANICA AVE
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$ 2,530,000
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3132 S LITUANICA AVE Chicago, IL 60608

7,080 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

Square Footage 7,080 sqft

Price per Sqft $357

MLS Listing ID 12378393

Year Built 1896

Annual Tax Amount $7,820

Tax Year 2023

Lot Size 4,356 Sqft

Lot Dimensions 50' X 89.32'

Property Sub-Type Multi Family 5+

Property Description

As the Exclusive Investment Advisor, Greenstone Partners is pleased to present the opportunity to acquire 3132-34 S Lituanica Avenue (the "Property"), a fully leased seven-unit adaptive reuse multi-family investment property in Chicago's exciting Bridgeport neighborhood. The brandnew gut renovations to the vintage property provide a unique opportunity to enter a highly sought-after multi-family submarket with economies of scale in an exceptional rental product. The vintage property has received a brand-new gut renovation that includes brand-new windows, floors, electrical, plumbing, HVAC, kitchens, bathrooms, roof, and laundry in-unit. This gives a new investor the rare opportunity to purchase a renovated seven-unit property in Chicago's Bridgeport neighborhood. The 8,500 leasable square foot buildings sit on 4,450 square feet of land. The Property consists of two (2) 4 Bed 3 Bath duplex down units, two (2) 2 Bed 2 Bath units, two (2) 1 Bed 1 Bath units, one (1) penthouse 4 Bed 3 Bath unit, and five (5) garage parking spaces. The Property benefits from outstanding demographics: a 1-mile population of 33,806, an average household income of $79,688, and a median home value of $355,583.

Location

State IL

County Cook

Area Chi - Bridgeport

Zoning OTHER

Interior

Cooling None

Fireplace N

Building

Dwelling Type Multi Family 5+

Level or Stories 2

Structure Type Brick


Midwest Real Estate Data (MRED) IDX
Listed by Adam Max • Compass