3 Units above Commercial Storefront
Chicago North
Book Example – Updated Feb 2022
Larger 3 bedroom Units like this with Parking are in demand.
B or C Zoning allows Building Lot line to lot line in front and sides.
Valuation at 4.6 CAP is conservative for a brand new building.
Status: Sample Pro Forma
Property Type: Mixed Use
Building Size: 6,800 SF
Actual CAP Rate 5.82%
FINANCIAL SUMMARY – PRO FORMA 2022-23)
