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Multifamily

905 W Dakin St

905 W Dakin St, Chicago, IL 60613

Listing Price: $999,000

Cap Rate
3.63%
Number of Units
3
Occupancy
97.0%
Price/Unit
$333,000
Price/Gross SF
$293.82
Gross SF
3,400

Investment Overview

Marcus & Millichap is pleased to present this multifamily opportunity in the Lakeview neighborhood of Chicago, Illinois. The subject property consists of three stunning apartments plus parking. The units feature hardwood floors throughout, stainless steel appliances, and granite countertops. Nice finishes include exposed brick, large bay windows with excellent natural light, and functional fireplaces. The property also features a rooftop patio for tenants. The subject property is a three-minute walk to Chicago Transit Authority’s (CTA) Sheridan Red Line train stop, a two-minute walk to CTA’s 151 and 80 bus stops. Wrigley Field, home of the Chicago Cubs, is a nine-minute walk from the property. It is also a four-minute drive to Lake Shore Drive, giving direct access to downtown Chicago. The neighborhood of Lakeview is a colorful area featuring a wide span of activities and places to visit. Chicagoans are drawn to the area because of the accessibility to both CTA buses and trains. There are numerous venues; over 20 different theaters, dance and comedy companies reside in Lakeview. Lakeview also takes advantage of the great parks that Lincoln Park has to offer, including the Lakefront Trail, golf course and driving range, and beachfront. The surrounding blocks of Wrigley Field are invested in by business owners through restaurants and stores. The Ricketts Family, owner of the Cubs, have invested in properties and rooftops to allow businesses to boost revenue.

Investment Highlights

  • Excellent Lakeview Location
  • Three Apartments Plus Parking
  • High-End Finishes Include Hardwood Floors, Granite Countertops, and Stainless Steel Appliances
  • Rooftop Patio
  • Steps from CTA's Sheridan Red Line Train Stop
  • Less Than a 10-Minute Walk to Wrigley Field

Exclusively Listed By

  • Kyle A. Stengle

    Senior Vice President Investments

    (312) 327-5455

    Email Kyle

    License(s): IL: 475.138461

    Chicago Downtown

Listing Price: $999,000

Cap Rate
3.63%
Number of Units
3
Occupancy
97.0%
Price/Unit
$333,000
Price/Gross SF
$293.82
Gross SF
3,400

Investment Highlights

  • Excellent Lakeview Location
  • Three Apartments Plus Parking
  • High-End Finishes Include Hardwood Floors, Granite Countertops, and Stainless Steel Appliances
  • Rooftop Patio
  • Steps from CTA's Sheridan Red Line Train Stop
  • Less Than a 10-Minute Walk to Wrigley Field

Investment Overview

Marcus & Millichap is pleased to present this multifamily opportunity in the Lakeview neighborhood of Chicago, Illinois. The subject property consists of three stunning apartments plus parking. The units feature hardwood floors throughout, stainless steel appliances, and granite countertops. Nice finishes include exposed brick, large bay windows with excellent natural light, and functional fireplaces. The property also features a rooftop patio for tenants. The subject property is a three-minute walk to Chicago Transit Authority’s (CTA) Sheridan Red Line train stop, a two-minute walk to CTA’s 151 and 80 bus stops. Wrigley Field, home of the Chicago Cubs, is a nine-minute walk from the property. It is also a four-minute drive to Lake Shore Drive, giving direct access to downtown Chicago. The neighborhood of Lakeview is a colorful area featuring a wide span of activities and places to visit. Chicagoans are drawn to the area because of the accessibility to both CTA buses and trains. There are numerous venues; over 20 different theaters, dance and comedy companies reside in Lakeview. Lakeview also takes advantage of the great parks that Lincoln Park has to offer, including the Lakefront Trail, golf course and driving range, and beachfront. The surrounding blocks of Wrigley Field are invested in by business owners through restaurants and stores. The Ricketts Family, owner of the Cubs, have invested in properties and rooftops to allow businesses to boost revenue.

Exclusively Listed By

  • Kyle A. Stengle

    Senior Vice President Investments

    (312) 327-5455

    Email Kyle

    License(s): IL: 475.138461

    Chicago Downtown

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