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6229 N Richmond St
Chicago, IL 60659 West Rogers Park

$3,050,000 USD

Apartments For Sale  •  8,184 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,184 SF
  • Lot Size 0.19 AC
  • Building Class C
  • Year Built 2008
  • Cap Rate 5.55 %
  • Zoning RT-4
57 Transit Score
77 Walk Score

Highlights

Parking: 8 spaces
Unit Quality: All units are extra-large and built to condo quality, with 4 duplexes
Expenses: Very low, maximizing cash flow
The property is approved for deconversion during the 2024-2025 period, leading to a reduction in property taxes
Cozy fireplaces and beautiful hardwood floors in living areas
Luxurious bathrooms with double vanities; Modern kitchens with sleek cabinetry and new stainless steel appliances

Financial Summary (Proforma)

Net Operating Income: $191,705 USD (2024)
Cap Rate: 5.55 %
Total Expenses: $69,151 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Cable Ready
  • Controlled Access
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Gated
  • Smoke Free
  • Security System
  • Ceiling Fans
  • Double Vanities
  • Kitchen
  • Granite Countertops
  • Hardwood Floors
  • Oven
  • Stainless Steel Appliances
  • Tub/Shower
  • Walk-In Closets
  • Deck
  • Dining Room
  • Double Pane Windows
  • Family Room
  • Framed Mirrors
  • Lawn
  • Linen Closet
  • Window Coverings
  • Display Window

Public Transportation

Commuter RailDriveWalkDistance
Rogers Park Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 2.7 mi
Ravenswood Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 7 min - 3.4 mi
AirportDriveWalkDistance
Chicago O'Hare International 22 min - 12.0 mi
Chicago Midway International 31 min - 16.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Surface
Included in Rent: No
Anastasia Lytvyn 312-423-7934 Uniconte LLC
Anastasia Lytvyn 312-423-7934 Uniconte LLC