616 W Patterson Ave
Chicago, IL 60613
$1,995,000
Price
11,000
Sq. Ft.
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Executive Summary

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CRER (Chicago Real Estate Resources, Inc.) presents a rare opportunity to invest in a boutique six-unit apartment building located in desirable East Lakeview. This offering is for a bulk sale of all six condominium units in a six-unit building all being sold by one owner. Unlock additional value by renovating units and increasing rents.

Talk to your architect and zoning attorney regarding the potential to add two additional units to the basement. The property does not have alley access or onsite parking however, it does offer tenants a huge 2,200 sf private yard. The location speaks for itself with Lake Michigan one block to the east and bars restaurants and shopping one block to the west along Broadway Ave. The Addison Red Line & Wrigley Field are both a five-minute walk from the property.

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Property Location

Chicago » 60613 » 616 W Patterson Ave

Property Details

Status Active
Listing Type For Sale
Property Type Multi-family
Building Size 11,000 Sq. Ft.
Price $1,995,000

Broker Contact

Steven Rapoport, CCIM

Mobile: (847) 863-2707

Office: (773) 327-9300

Email: StevenR@crer.com

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