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1645 N Clybourn Ave
Chicago, IL 60614 DePaul

$1,588,000 USD

Apartments For Sale • 5,403 SF

Property Details

Property Type Apartments
Total Building Size 5,403 SF
Lot Size 0.05 AC
Building Class C
Year Built 1998
Cap Rate 6.00 %
Zoning B1-3

80 Transit Score

95 Walk Score

                
                    Highlights
                
                                6% existing cap building with excellent condition in the best neibourhood of Chicago, 7% easy pro forma cap.
                            
                                A size-able building out basement with bathroom and an office space can be value added.
                            
                                The retail business renewed another 5 year lease until 10/31/29.
                            
                                Seller finance is available

Financial Summary (Actual)

Net Operating Income: $95,322 USD (2023)

Cap Rate:	6.00 %
Total Expenses:	$36,786 USD

Amenities

Air Conditioning
Washer/Dryer
Basement
Deck
Office

Public Transportation

Commuter Rail	Drive	Walk	Distance
Clybourn Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra))	2 min	-	1.3 mi
Chicago Ogilvie Transportation Center (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra), Union Pacific West Line - Northeast Illinois Regional Commuter Railroad (Metra))	5 min	-	2.3 mi
Transit/Subway	Drive	Walk	Distance
North/Clybourn Station (Red Line - Chicago Transit Authority "L" Trains (The "L"))	0 min	2 min	0.1 mi
Armitage Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L"))	1 min	8 min	0.5 mi
Sedgwick Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L"))	1 min	12 min	0.7 mi
Fullerton Station (Brown Line - Chicago Transit Authority "L" Trains (The "L"), Purple Line - Chicago Transit Authority "L" Trains (The "L"), Red Line - Chicago Transit Authority "L" Trains (The "L"))	2 min	19 min	1.0 mi
Airport	Drive	Walk	Distance
Chicago Midway International	21 min	-	12.5 mi
Chicago O'Hare International	23 min	-	15.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Surface
Included in Rent:	Yes

Tony Liu 312-888-5486 Youmu Ventures

1645 N Clybourn Ave Chicago, IL 60614 DePaul