3 Story – 2 Duplex Units
Chicago, North
Book Example
These large duplex units are in big demand as rentals and are selling quickly as condos, so for this example, we’ll also take a quick look at possible returns by selling as a condos.
Though developers are building projects like this in Lincoln Park and Lake View, it probably has more appeal for someone who is considering purchasing a home or unit like this in the neighborhood.
![1CE0FED9-BA8F-4D72-9ED9-5DBD11424705](http://ld2development.com/wp-content/uploads/2021/12/1CE0FED9-BA8F-4D72-9ED9-5DBD11424705.jpg)
Status: Sample Projections
Property Type: Condo / Rental
Building Size: 5,000 SF
Units: 2
![Scr Assumptions 2 Dupl Unit](http://ld2development.com/wp-content/uploads/2021/12/Scr-Assumptions-2-Dupl-Unit.png)
2 Duplex Units – Rental Scenario
![Scr 2 Duplex Cash Flow PNG](http://ld2development.com/wp-content/uploads/2021/12/Scr-2-Duplex-Cash-Flow-PNG.png)
![Scr 2 Duplex Equity - PNG](http://ld2development.com/wp-content/uploads/2021/12/Scr-2-Duplex-Equity-PNG.png)
![Scr 2 Duplex IRR - PNG](http://ld2development.com/wp-content/uploads/2021/12/Scr-2-Duplex-IRR-PNG.png)
2 Duplex Units – Condo Sale on Completion
![2 Duplex Condo Scenario](http://ld2development.com/wp-content/uploads/2021/12/2-Duplex-Condo-Scenario.jpg)