3 unit – Condo/Rental East Village-West Town
Classic Chicago Brick 3 unit – 3 Story + Basement stands the test of time and is perfect for owner occupied rental or Condos
These units are in demand both as condos and rentals in this hot area. Nicely finished condos have sold out as soon as construction is finished.
Status: Proposed – Updated Feb 2022
Property Type: 3 Condo/Rentals
Sub-Type: Residential Income
Building Size: 5,000 SF
Actual Cap Rate: 5.15%
FINANCIAL SUMMARY – PRO FORMA 2022-23
Rental Scenario Pro Forma 2022-23
These are nearby comps for condos in similar buildings. 924 Wood St is probably most similar and just completed.
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