Cook, US
Fully renovated in 2023, this is a stabilized investment with all new plumbing, electric, roof, high end condo-quality finishes, and an attractive mix of four (4) 2-bed / 2-bath and (2) 3-bed / 2-bath units. Each apartment features in-unit laundry, individual HVAC, and condo quality interiors designed to capture strong tenant demand and support continued rent growth. In addition to its stable in-place income, the property offers a compelling value-add component through the potential addition of a 3-bedroom, 2-bath ADU garden unit in the basement, supported by previously completed plans and approvals for permit. The offering highlights the strength of this dual-faceted investment: a secure 5.79 cap rate in its current condition, with a projected leap to a 7.42 cap rate upon completion of the ADU. Combined with eight (8) on-site parking spaces-three (3) garages and five (5) surface spots-this property offers a rare blend of immediate stability and executable appreciation. Strategically located near Loyola University and the Red Line, the asset is perfectly positioned to capture top-of-market rents in a high-growth North Side corridor.
Courtesy Of: Triton Realty Group LLC
Feature Highlights
- Broker Owned/Interest
- Built Before 1978
General Features
- List Date:
- 05/08/2026
Exterior Features and Amenities
- Lot Size Dimensions:
- 60x125
Financial
- Purchase Contract Date:
- 2026-05-22
- Days On Market:
- 15
- Tax Annual Amount:
- $25,598.00
- Tax Year:
- 2024
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Data last updated: 2026-05-25.
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