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$ 3,650,000
Est. payment /mo
Active
5824 N Lincoln Avenue Chicago, IL 60659
UPDATED:
10/14/2024 05:07 AM
Key Details
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12182639
Year Built 2023
Tax Year 2022
Lot Dimensions 56 X 108
Property Description
Introducing an exceptional turn-key investment opportunity in the heart of the highly desirable Peterson Park Neighborhood. This new construction 8-unit rental property is fully occupied, making it the ideal choice for 1031 exchanges. Each of the spacious 1,800 sq. ft. units features 3 bedrooms and 2 bathrooms, offering a luxurious living experience with condo-quality finishes throughout. Designed with meticulous attention to detail, these rental units feature an open-concept layout, highlighted by a magnificent kitchen featuring a large 10ft island, sleek quartz countertops, and a premium stainless steel appliance package. Custom cabinetry and a beautifully tiled backsplash add an extra touch of elegance to this culinary haven. Retreat to the spacious primary bedroom, complete with a generous walk-in closet and an ensuite bath with heated floors that exudes sophistication. Refresh in the double vanity and unwind in the walk-in rainfall shower, enhanced by a glass enclosure for a spa-like experience. Each unit offers an oversized private walk-out balcony, and access to the common area rooftop deck space perfect for enjoying outdoor living. With low maintenance and operational costs, this property represents a rare and outstanding investment in a family-friendly community. Don't miss the opportunity to own this turn-key asset designed for long-term profitability and growth
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick,Block
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Roman Popovych • Prodan Realty Inc