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1748 W North Ave Chicago, IL 60622

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For Sale
$3,500,000

Fully rented 7-unit building with commercial spaces in Bucktown.

Building Details

Year built
2011
Source: Corcoran

Listing Agent: Pasquale Recchia

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Bucktown 7-Unit Elevator Apartment Building

This is a fully rented, seven-unit elevator apartment building located in Bucktown. The well-maintained building features condo-quality apartments and is suitable for investors seeking rental income. The building includes two commercial storefront spaces with long-term leases extending to 2028. The residential units each feature three bedrooms and two bathrooms, with custom kitchens that include granite countertops, stainless steel appliances, and custom cabinets that open to the living and dining areas. The primary bedrooms have ensuite bathrooms with double bowl stone countertops and separate showers. There are also large second and third bedrooms, along with an updated second bathroom. Hardwood floors are present throughout the units. Each unit has separate HVAC systems and in-unit washer and dryer, and tenants are responsible for their own utilities. The residential finishes are consistent across all units. Units 4W and 4E have interior stairs providing access to private roof decks. Unit 3 is a full-floor unit with large front and rear terrace spaces, featuring three bedrooms, two full baths, and a half bath. The primary bath in Unit 3 includes a double bowl sink, separate shower, and soaking tub. Unit 4W's photos and floor plan are representative of Unit 2W, while Units 2E and 4E mirror the layout of Unit 4W, just flipped. Unit 3 occupies the entire floor; see floor plan. High-end finishes are consistent throughout the building. Parking spaces are available at the rear of the building. The monthly gross income is $29,637.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Relax Foot Spa Massage Therapist

Suggested Use

Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.67222
Latitude
41.910812

FAQs

What type of property is this?
Apartment building - Fully rented 7-unit building with commercial spaces in Bucktown.
Where is this apartment building located?
The property is located at 1748 W North Ave Chicago, IL.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: - Fully rented 7-unit elevator building in Bucktown generating $29,637 monthly gross income.; - Two commercial storefronts with long-term leases in place until 2028.; - All residential units are condo-quality 3-bedroom, 2-bath apartments with high-end finishes.
More about this property
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