![3 Residential Units above a Commercial Storefront](https://ld2development.com/wp-content/uploads/2021/12/A9DED52A-9683-4828-8DBF-E6D10C0AD887-1080x675.jpg)
3 Residential Units above a Commercial Storefront
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.
![A9DED52A-9683-4828-8DBF-E6D10C0AD887 22 Palione Pl - Multifamily Property](http://ld2development.com/wp-content/uploads/2021/12/A9DED52A-9683-4828-8DBF-E6D10C0AD887.jpg)
![329F071A-95C9-43B8-9D5E-73A0A9B12091](http://ld2development.com/wp-content/uploads/2021/12/329F071A-95C9-43B8-9D5E-73A0A9B12091.jpeg)
Status: Sample Pro Forma
Property Type: Mixed Use
Building Size: 6,800 SF
Actual CAP Rate 5.82%
![Scr Assumptions 3 Res + 1 Comm Unit](http://ld2development.com/wp-content/uploads/2021/12/Scr-Assumptions-3-Res-1-Comm-Unit-1.png)
FINANCIAL SUMMARY – PRO FORMA 2022-23)
![Scr 3 Unit 1 Comm Cash Flow PNG](http://ld2development.com/wp-content/uploads/2021/12/Scr-3-Unit-1-Comm-Cash-Flow-PNG.png)
![Screen Shot 2022-02-08 at 8.36.58 PM](http://ld2development.com/wp-content/uploads/2022/02/Screen-Shot-2022-02-08-at-8.36.58-PM.png)
![Scr 3 Unit 1 Comm IRR - PNG2](http://ld2development.com/wp-content/uploads/2022/02/Scr-3-Unit-1-Comm-IRR-PNG2.png)