3943 W Addison St Chicago, IL 60618

Property is a great fit whether it is for an owner occupant or pure investment purposes. One unit just became vacant! Turnkey investment property with modern updates (brick building) and stabilized rent – OVER 7% CAP RATE AT CURRENT RENTS! Unit 1F – 2 bed/ 1 bath – rented at $1545 – long term renters with lease that ends in June – renewal TDB Unit 1R – 3 bed / 1 bath – rented at $1695 – long term tenant, plans to renew Unit 2 – 3 bed / 1 bath- rented $2120 ending 6/2022. Property has been meticulously cared for and maintenance is very minimal. This building checks all the boxes for tenants. Every unit has stainless steel appliances, dishwasher, washer/dryer in unit, HVAC (central air) & separate water heater. Kitchens feature granite countertops and beautiful islands. All bedrooms have a closet and can fit a queen size bed with a dresser. 2 car garage at property and 1 exterior spot. Building is located in an ideal spot that is close to public transportation and highway, but also in a quieter neighborhood (Avondale/Old Irving Park/Villa District). Low building expenses (all units have separated utilities) 2019 Taxes: $7,608.06 Operating Expenses: $4300/yr NOI is $52,412 Note: All units are above grade, meaning no garden units and easy to rent.