5442 Western Avenue

    Chicago, IL 60625
    • $5,499,900
    • STATUS: Active
    • ON SITE: 41 days
    • MLS #: 10515003
    UPDATED: 63 min ago
    $5,499,900
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 24,000
      SQFT
    • $229
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2019
    County:

    School Ratings & Info

    Description

    Unique opportunity in Chicago's Budlong Woods neighborhood just north of Lincoln Square. 9 unit new construction elevator building with garage parking and rooftop decks overlooking open green space. This is a high-end condo building that may be transferred as a fully leased armchair investment. Total building square footage is 24,000, 18,000 sqft above grade with exceptional finishes. 3 duplex downs around 3000 sqft, 4 bedrooms 3 baths with radiant heat on the lower level. 3 simplexes 1500-1900 sqft 2-3 bedrooms 2 bath and 3 duplex ups, 4 bedrooms 3 baths with enormous private outdoor space and a shared rooftop deck with outdoor kitchen and bar. This property has an early 2020 delivery date and can be transferred fully leased with a one year warranty. Estimated resale for condominiums is around 6M

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Mattz Mega Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2019-10-23T17:52:12.737 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.themattzgroup.com/homes/98874439

    5442 Western Avenue Chicago, IL 60625

    • Price: $5,499,900
    • Status: Active
    • Updated: 63 min ago
    • MLS #: 10515003
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    24,000
    SQFT
    $229
    $/SQFT
    2019
    Built
    Neighborhood:
    Chi - Lincoln Square
    County:
    Cook
    Area:
    Chi - Lincoln Square
    Property Description
    Unique opportunity in Chicago's Budlong Woods neighborhood just north of Lincoln Square. 9 unit new construction elevator building with garage parking and rooftop decks overlooking open green space. This is a high-end condo building that may be transferred as a fully leased armchair investment. Total building square footage is 24,000, 18,000 sqft above grade with exceptional finishes. 3 duplex downs around 3000 sqft, 4 bedrooms 3 baths with radiant heat on the lower level. 3 simplexes 1500-1900 sqft 2-3 bedrooms 2 bath and 3 duplex ups, 4 bedrooms 3 baths with enormous private outdoor space and a shared rooftop deck with outdoor kitchen and bar. This property has an early 2020 delivery date and can be transferred fully leased with a one year warranty. Estimated resale for condominiums is around 6M
    Exterior Features

    Construction Brick Foundation Concrete Frontage Access City Street Land Amenities Curbs And GuttersSidewalksOther Location Central Business District Lot Dimensions 81 X 124 Lot Sq Ft 10065 Number Of Parking Spaces 9 Roof Coverings Rubber Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Basement Description Finished Indoor Parking 6-12 Spaces Miscellaneous Inside Elevator/S PassengerInside Corridor/SStorage InsideOther Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Type7 0 Number Of Bedrooms Unit1 4 Number Of Bedrooms Unit2 3 Number Of Bedrooms Unit3 4 Number Of Bedrooms Unit4 0 Number Of Dishwashers 9 Number Of Disposals 9 Number Of Dryers 9 Number Of Fireplaces 12 Number Of Full Bathrooms Type1 3 Number Of Full Bathrooms Type2 2 Number Of Full Bathrooms Type3 3 Number Of Ranges 9 Number Of Refrigs 9 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 15 Number Of Rooms Unit2 9 Number Of Rooms Unit3 14 Number Of Rooms Unit7 0 Number Of Stories 3 Number Of Units Apt Type1 3 Number Of Units Apt Type2 3 Number Of Units Apt Type3 3 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 9 Repairs Decor Expense 0

    Property Features

    Age Under Construction Built Before1978 YN No Current Use Residential-Multi-Family Electric Expense Source Combination Electrical Service Circuit BreakersOver 600 Amps Electricity Expense 1800 Expense Year 2019 Exterior Building Type Brick Fuel Expense 0 Fuel Expense Source Combination Gross Rental Income Amount 428400 Heat Ventilation Central Heat/Indiv ControlsForced AirGas Insurance Expense 5000 Insurance Expense Source Combination Janitor Expense 8424 Janitor Expense Source Combination Known Encumbrances None Known Miscellaneous Outside Balcony/IesEnclosed PorchEnclosed StairsSun DeckOther Monthly Income Max1 4200 Monthly Income Max2 3700 Monthly Income Max3 4300 Net Oper Income Amount 33276 Net Operating Income Year 2019 Other Expenses 0 Potential Use Condominium Seller Will Guarantee Income Tax Year 2018 Taxes New Tenant Pays Air ConditioningElectricHeat Total Annual Exp 95636 Total Annual Expense Source Broker Projection Total Annual Income 428400 Total Monthly Income 35700 Township Jefferson Type Multi Family Corridor-Interior Entrance Washer Dryer Lsd YN No Water Expense 4200 Water Expense Source Combination Zoning Type Multi

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Dream Town Realty.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Mattz Mega Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2019-10-23T17:52:12.737 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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