5301-5 W BARRY Avenue
Chicago, IL 60641

Large corner L shape all brick 12 APARTMENTS BUILDING w/ unfinished basement and 3 car garage in rapidly appreciating Belmont Cragin. All 12 units are above the ground. Building consists: Eight -1 Bedroom Apartments, Two-2 Bedroom Apartments and Two- studios. Units feature: Living room with closet, dining Rm combined w/ kitchen. All hardwood floors throughout. Whole building has 13 separate gas meters, 14 electric circuit brakers boxes, 2 commercial high capacity newer water tanks heaters. High open basement w/ coin laundry and storage area. Newer "Climate guard" all vinyl windows. Central steam heat "WEIL- McLAIN" with R&D computerized control system. Backup all drain protected flood control. All 2nd Floor ceilings isolated. Nice court yard in the back of the building. Note: Some of current rents are lower than regular market rents for the area due to stable long term tenants but (as rented recently by LA 1bedroom unit on N Lockwood Ave side of the building for $ 900) with Upside potential to be raised *** Current CAP Rate: 6.85*** Through improved leasing, management, and raising rents to market rate, an investor has the opportunity to achieve even higher cash flow and a cap rate. GOOD AND RARE INCOME PRODUCING INVESTMENT PROPERTY *** Rent Roll in Additional Info***