ADDRESS
Suite C-1
55 East Erie St
Chicago, IL 60611
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Introducing a beautifully renovated 7-Unit East Pilsen Multifamily, located at 2007 S Allport Street in Chicago's dynamic Pilsen neighborhood. This modern, 8,500 SF property includes a beautifully renovated sprinklered brick building with 6 units and a Large coach house featuring a large Duplexed unit and a large 950 SF +/- ground level space used for storage but can easily be converted into an additional unit. The 2019 gut renovation with modern finishes and sprinkler system add to the allure of this investment opportunity that features 2 full floor units. The property holds an attractive 7.65% CAP rate with a current NOI of $130,033 and full occupancy. Ideal for Airbnb with below-market rents and close proximity to Thalia Hall, 18th Street Retail Corridor and public transportation options, this property maximizes income potential. Immerse yourself in Pilsen's cultural vibrancy, artsy ambiance, and diverse entertainment scene with this prime multifamily asset in the heart of Chicago.
2 months ago | Listing first seen online | |
4 months ago | Listing updated with changes from the MLS® |
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