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Multifamily

4256 N Sawyer Ave

4256 N Sawyer Ave, Chicago, IL 60618

Listing Price: $1,350,000

Cap Rate
3.76%
Number of Units
6
Occupancy
97.0%
Price/Unit
$225,000
Price/Gross SF
$250.00
Gross SF
5,400

Investment Overview

Marcus & Millichap is pleased to present this multi-family real estate opportunity in the Irving Park neighborhood of Chicago. The subject property of 4256 N Sawyer Ave is located 8.6 miles north of Chicago's downtown Loop area, 1.7 miles east of I-90, Kennedy Expressway, 0.2 miles south of the CTA Montrose & Spaulding bus 78 stop, and 4 miles west of Montrose Beach. The unit mix for the subject property is three one-bedroom / one bathroom units that measure 800 square feet and three two-bedroom / one-bathroom units that measure 1,050 square feet. The subject property is located within ADU zoning and has had some recent improvements such as new roofs, porches, tuck pointing and parapet walls. It is a tenant heated building and does not include laundry. Irving Park residents enjoy the outdoors at numerous scenic parks in the neighborhood, including Horner Park, Independence Park, and Kilbourn Park. International cuisine abounds in Irving Park, from delicious Thai fare at Arun’s to down-home eats at Smoque BBQ and everything in between. Getting around from Irving Park is easy with access to several Metra rail stations, the Blue Line, and the Kennedy Expressway. Please reach out to Marcus & Millichap with any questions or interest in 4256 N Sawyer Ave.

Investment Highlights

  • Irving Park Neighborhood
  • Additional Dwelling Unit (ADU) Zone
  • Attractive Unit Mix | Three One-Bedroom / One-Bathroom & Three Two-Bedroom / One-Bathroom
  • New Roof, Parapet Walls, and Porches
  • Tenant Heated Building

Exclusively Listed By

Multifamily

4256 N Sawyer Ave

Listing Price: $1,350,000

Cap Rate
3.76%
Number of Units
6
Occupancy
97.0%
Price/Unit
$225,000
Price/Gross SF
$250.00
Gross SF
5,400

Investment Highlights

  • Irving Park Neighborhood
  • Additional Dwelling Unit (ADU) Zone
  • Attractive Unit Mix | Three One-Bedroom / One-Bathroom & Three Two-Bedroom / One-Bathroom
  • New Roof, Parapet Walls, and Porches
  • Tenant Heated Building

Investment Overview

Marcus & Millichap is pleased to present this multi-family real estate opportunity in the Irving Park neighborhood of Chicago. The subject property of 4256 N Sawyer Ave is located 8.6 miles north of Chicago's downtown Loop area, 1.7 miles east of I-90, Kennedy Expressway, 0.2 miles south of the CTA Montrose & Spaulding bus 78 stop, and 4 miles west of Montrose Beach. The unit mix for the subject property is three one-bedroom / one bathroom units that measure 800 square feet and three two-bedroom / one-bathroom units that measure 1,050 square feet. The subject property is located within ADU zoning and has had some recent improvements such as new roofs, porches, tuck pointing and parapet walls. It is a tenant heated building and does not include laundry. Irving Park residents enjoy the outdoors at numerous scenic parks in the neighborhood, including Horner Park, Independence Park, and Kilbourn Park. International cuisine abounds in Irving Park, from delicious Thai fare at Arun’s to down-home eats at Smoque BBQ and everything in between. Getting around from Irving Park is easy with access to several Metra rail stations, the Blue Line, and the Kennedy Expressway. Please reach out to Marcus & Millichap with any questions or interest in 4256 N Sawyer Ave.

Exclusively Listed By

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