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.
Highlights
Six-unit apartment building in Wrigleyville, Chicago (60613) for sale at $3,350,000.
$234,126 Net Operating Income (NOI) and 6.99% capitalization rate.
Monthly income of $24,750.
Building features six units (two 3-bed/3-bath duplex downs, four 3-bed/2-bath simplexes), each with modern kitchens and baths, hardwood floors, in-unit laundry, and private outdoor space. Six assigned parking spaces.
9,200 square foot building on a 50x121 foot lot. Built in 1894, fully renovated in 2008.
RM-5 zoning. Recent capital improvements include a new roof, tuckpointing, updated porches, windows, plumbing, and electrical.
Apartment building - Historic Chicago multifamily, high NOI.
Where is the apartment building located?
The property is located at 3645 Wilton Ave Chicago, IL.
What is the asking price?
The asking price for this property is $3,350,000.
What are key features of this property?
This property features: Six-unit apartment building in Wrigleyville, Chicago (60613) for sale at $3,350,000.; $234,126 Net Operating Income (NOI) and 6.99% capitalization rate.; Monthly income of $24,750.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Contacts
Randy Nasatir
Visit Broker Website
Learn more
Useful Information
Request information
Wilton Ave Chicago, IL 60613
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
Wilton Ave Chicago, IL 60613
Message sent successfully
Error
Email this Information
Message sent successfully
Error
Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
3645 Wilton Ave
Sign Up
Already a member?
Just one more step, let’s verify your email
We have sent a verification link to
Please check your inbox to complete the process.
Just click on the link in that email to complete your Sign up.
If you don’t see it, you may need to check your spam folder.
Email verification link expired
It seems that the verification link has expired.
No worries! We can send you a new link to email
Log In
Don't have an account?
Reset your password
New to Paperhouses?
Paperhouses
Reset your password
Enter the email address associated with your account and we'll send you a link to reset your password.
Check your email
We've resent password reset instructions to if it is an email on file.
Thanks! If matches an email we have on file, then we've sent you an email containing further instructions for resetting your password.
If you haven't received an email in 5 minutes, check your spam, resend, or try a different email.