![3 Unit RT4 Condo/Rental East Village – West Town](https://ld2development.com/wp-content/uploads/2022/02/3-Unit-Pic-WT-EV-774x675.png)
3 Unit RT4 Condo/Rental East Village – West Town
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.
![3 Unit Pic WT-EV](http://ld2development.com/wp-content/uploads/2022/02/3-Unit-Pic-WT-EV.png)
Status: Proposed – Updated Feb 2022
Property Type: 3 Condo/Rentals
Sub-Type: Residential Income
Building Size: 5,000 SF
Actual Cap Rate: 5.15%
![3 Unit Assumptions WT-EV](http://ld2development.com/wp-content/uploads/2022/02/3-Unit-Assumptions-WT-EV-1.png)
FINANCIAL SUMMARY – PRO FORMA 2022-23
![3 Unit Condo WT-EV](http://ld2development.com/wp-content/uploads/2022/02/3-Unit-Condo-WT-EV.png)
Rental Scenario Pro Forma 2022-23
![3 Unit Cash Flow WT-EV](http://ld2development.com/wp-content/uploads/2022/02/3-Unit-Cash-Flow-WT-EV.png)
![3 Unit Equity WT-EV](http://ld2development.com/wp-content/uploads/2022/02/3-Unit-Equity-WT-EV.png)
![3 Unit IRR WT-EV](http://ld2development.com/wp-content/uploads/2022/02/3-Unit-IRR-WT-EV.png)
These are nearby comps for condos in similar buildings. 924 Wood St is probably most similar and just completed.
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