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$ 2,530,000
Est. payment /mo
New
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

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Listed by Adam Max • Compass
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