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    OFF-MARKET
    Commercial real estate

    3645 Wilton Ave, Chicago, IL 60613

    Built 1894
    Property ID
    US28-5643691
    Property summary
    AI-generated overview

    This exceptional six-unit apartment building, located at 3645 N Wilton Ave in Chicago's desirable Wrigleyville neighborhood (zip code 60613), presents a compelling investment opportunity. Built in 1894 and fully renovated in 2008, this three-story Class A property boasts a strong financial performance, with a Net Operating Income (NOI) of $234,126 and a 6.99% capitalization rate. The asking price is $3,350,000, translating to $558,333.33 per unit. The building comprises six units: two three-bedroom, three-bathroom duplex downs and four three-bedroom, two-bathroom simplexes. Each unit features modern kitchens and baths, hardwood floors, in-unit laundry, and private outdoor space. Six assigned parking spaces are included. Recent capital improvements include a new roof, extensive tuckpointing, updated porches, and updated windows, plumbing, and electrical systems. The property sits on a 50x121 foot lot and totals 9200 square feet. Its RM-5 zoning allows for a variety of uses. The building's prime location offers easy access to Lake Michigan, restaurants, grocery stores, public transportation, and Wrigley Field. This meticulously maintained property is ideal for an investor seeking strong returns and a desirable location. The building's history, combined with its modern amenities and high demand location, makes it a truly unique investment opportunity.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1894
    UPID US28-5643691
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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