All Forum Posts by: Melsi Bifsha

Cansadra,

Call @Vincent Incopero 

Please message me if you have issues not find him. 

I will try. All depends on the deal. 

 ADDRESS: 3653-3655 W Lexington St, Chicago, IL 60624

 Asking: $450,000

 Net: $60,000

 Cap 13.3%

Investors this is Turn-Key property. Includes 6 Units & Garden Apt. This is a beautiful solid brick building. All units have been updated in 2012. Ready for a new owner. Newer furnaces, hardwood floors, tiles etc..... Additional 4 car parking in the rear of the building for an additional income.

• 15 Apts and 2 Adjacent Lots in North Lawndale!
• 11% Cap Rate!
• (4) 3BD 1BA, (9) 2BD 1BA (1) Garden Studio and (1) Garden 2BD
• Building Rehabbed in 2017. New Electrical, Separate Heat, Cabinets, Bathrooms and much more...

Rarely available, investment property on Karlov Avenue featuring 13 Apartments with 2 additional Garden Units and 2 ADJACENT LOTS that will include 30 parking spots! Strong unit mix with good cash flow and plenty of room for upside. Property is being sold at a true 11 cap.

North Lawndale is a neighborhood located on the west side of Chicago. From a hub of industry to a base for the northern civil rights movement, North Lawndale is a culturally rich neighborhood with unique architectural character and historic significance. Located on the west side of the City of Chicago, North Lawndale is less than three miles from Chicago's Loop. Wide boulevards and long blocks, remnants of concentrated industrial development, speak to the neighborhood's history as a thriving manufacturing and residential center. While North Lawndale's more recent past has been one of population loss and disinvestment, the community's proximity to the Loop, University of Illinois at Chicago, and the Illinois Medical District bolster its potential as a desirable location for residential and commercial investment.

• 4 Units consisting of 3-unit apt building with a 2 Story coach house and a vacant lot
• Lot 24' X 100' (separate pin)
• 4 car garage
• Additional attic space for duplex or additional unit

Homeowners, Investors and Builders. Perfect investment & build out opportunity in Pilsen!. This is a beautiful solid 3-unit brick building & a vacant lot attached. All units have been updated in 2010. Ready for a new owner and tenants. The roof was replaced in 2010, newer high efficiency furnaces, hardwood floors, tiles etc..... Additional 4 car parking garage.

HOT Pilsen neighborhood. Conveniently close to UIC, Blue line on Damen. Building is on a Cul de sac block! School a few doors down. Tons of free street parking. Great opportunity for an investor or owner occupant. The current rents are under market so there is a lot potential rent growth. A Great Investment!

1. Originally posted by @Melsi Bifsha:

1621 S Drake Ave Chicago, IL 60623

ASKING $64,000
ARV Estimate $225,000

Attention Investors and/or Rehabbers!

-Greystone with three units. Located in up and coming North Lawndale. Near Douglas Park (site of Summer Music Festival) Comparable rehabbed units renting for $1300-$1,400/ month. Many recent rehabs in local area. Area amenities include: commuter train, I 290, plenty of area shopping, local police station. Great opportunity for rental or rehab and sell for a 25% profit. Greystone duplex with 7' legal basement. Property requires gut rehab, such as a new roof, Repair or Replace porch, in need of bathrooms on all floors, electrical work and plumbing work, kitchen cabinets. ETC.....

DETAILS:
Property Type: 2-Flat & Legal Basement 7' Ceiling hight.
Year Built: 1908
Beds / Baths: 4/1, 4/1, 3/1 = Total 11Bed + 3Bath
Lot Size (SqFt): 3,125
Building (SqFt): 2,664
Basement: Unfinished
Garage: None - Concrete Slab in rear
Potential Rent: $3,600 /Month
Taxes: $3,661/ Year

CURRENT PICTURES:

https://www.dropbox.com/sh/0adhcr4514x9zoe/AABMKztIpVCYQVj1UA25J0rla?dl=0

SOLD COMPS:

https://www.zillow.com/homedetails/1511-S-Trumbull-Ave-Chicago-IL-60623/2137013978_zpid/

https://www.trulia.com/homes/Illinois/Chicago/sold/1000698749-1301-S-Christiana-Ave-Chicago-IL-60623

ACTIVE COPMS:

https://www.coldwellbanker.com/property/1443-S-Drake-Ave-Chicago-IL-60623/80114721/detail

https://www.zillow.com/homedetails/2103-S-Central-Park-Ave-Chicago-IL-60623/2132668630_zpid/

https://www.zillow.com/homedetails/1550-S-Christiana-Ave-Chicago-IL-60623/2123027352_zpid/

CashCow Group
Melsi Bifsha
773-968-8891
[email protected]
www.cashcowgroups.com

Please send info at [email protected]

Thank you

Mel

 North Lawndale area 

3 Flat Brick Multi-family property has 6 Beds, 3 Baths and 2 Dens and a garage.

Basement & 1st Floor occupied with month to month tenants for $850 & $500. Property is well-maintained. Separate heating installed 3 years ago. Expenses are low. A good property for a Flip or Hold.