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Multifamily

4016 N Bell Ave

4016 N Bell Ave, Chicago, IL 60618

Listing Price: $1,650,000

Cap Rate
5.46%
Number of Units
5
Price/Unit
$330,000
Price/Gross SF
$220.00
Gross SF
7,500

Investment Overview

Marcus & Millichap is pleased to present this multifamily opportunity in the North Center neighborhood of Chicago, Illinois. The subject property consists of five apartments; (1) Two Bed/One Bath, (2) Three Bed/One Bath, (1) Three Bed/ Two Bath, and (1) Five Bed/Three Bath units. Finishes include hardwood floors, granite countertops, stainless steel appliances, recessed lighting, and in-unit laundry. The subject property is a two-minute walk to Chicago Transit Authority’s (CTA) 80 bus stop and a 11-minute walk to CTA’s Irving Park Brown Line train stop. This property is ideally located right off Irving Park Road, one of the most trafficked streets in the city. This artery connects to Lake Shore Drive, giving an easy drive to Downtown Chicago. The neighborhood of North Center draws Chicagoans to the area through varieties of activities varying from theatre companies to music venues to pubs and cocktail lounges. The neighborhood is filled with history, which can be experienced through restaurants and bakeries and museums. Chicagoans can also witness the beauty of architecture through the beautiful brick homes, along with the Architectural Artifacts Museum.

Investment Highlights

  • Excellent North Center Location
  • Five Spacious Apartments
  • High-End Finishes Include Hardwood Floors, Granite Countertops, and Stainless Steel Appliances
  • Short Walk to CTA's Trains and Buses

Exclusively Listed By

  • Kyle A. Stengle

    Senior Managing Director Investments

    (312) 327-5455

    Email Kyle

    License(s): IL: 475.138461

    Chicago Downtown

Listing Price: $1,650,000

Cap Rate
5.46%
Number of Units
5
Price/Unit
$330,000
Price/Gross SF
$220.00
Gross SF
7,500

Investment Highlights

  • Excellent North Center Location
  • Five Spacious Apartments
  • High-End Finishes Include Hardwood Floors, Granite Countertops, and Stainless Steel Appliances
  • Short Walk to CTA's Trains and Buses

Investment Overview

Marcus & Millichap is pleased to present this multifamily opportunity in the North Center neighborhood of Chicago, Illinois. The subject property consists of five apartments; (1) Two Bed/One Bath, (2) Three Bed/One Bath, (1) Three Bed/ Two Bath, and (1) Five Bed/Three Bath units. Finishes include hardwood floors, granite countertops, stainless steel appliances, recessed lighting, and in-unit laundry. The subject property is a two-minute walk to Chicago Transit Authority’s (CTA) 80 bus stop and a 11-minute walk to CTA’s Irving Park Brown Line train stop. This property is ideally located right off Irving Park Road, one of the most trafficked streets in the city. This artery connects to Lake Shore Drive, giving an easy drive to Downtown Chicago. The neighborhood of North Center draws Chicagoans to the area through varieties of activities varying from theatre companies to music venues to pubs and cocktail lounges. The neighborhood is filled with history, which can be experienced through restaurants and bakeries and museums. Chicagoans can also witness the beauty of architecture through the beautiful brick homes, along with the Architectural Artifacts Museum.

Exclusively Listed By

  • Kyle A. Stengle

    Senior Managing Director Investments

    (312) 327-5455

    Email Kyle

    License(s): IL: 475.138461

    Chicago Downtown

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