CLOSED – MULTI-FAMILY
3307 North Kenmore Chicago, IL 60657
NEIGHBORHOOD
Lakeview
PRICE
Call for details
NUMBER OF UNITS
4
PROPERTY LISTED

Essex Realty Group, Inc. has been exclusively engaged to market for sale 3307 North Kenmore Avenue, a four unit multi-family property located just west of Sheffield in Chicago's Lakeview Neighborhood. The four units are divided between a frame three-flat and a rear frame coach house unit. The front building features a 2 bed/1 bath garden, a 2 bed/1 bath simplex and a 4 bed/2 bath duplex, while the rear coach house contains a 2 bed/2 bath duplex unit. An outdoor patio connects the two buildings.

3307 North Kenmore presents the investor with a prime value-add opportunity. Currently the kitchens and bathrooms feature varying finishes throughout and could all benefit from cosmetic renovations. If a new owner renovated the units and achieved current market rents, approximately $37,000 of additional income could be realized annually.

LOCATION DETAILS

3307 North Kenmore is situated on the east side of Kenmore Avenue and just north of School Street. The property sits in a prime location just a 5 minute walk north of the Belmont CTA Station.

HIGHLIGHTS
  • Essex Procured Multiple Offers from 12 Property Tours
  • Property Features Large Apartments Ready for Cosmetic Renovation
  • Tremendous Rent Upside
  • Prime Value-Add Opportunity
  • 4 Unit Apartment Building in Central Location in Lakeview .2 Miles from the Belmont CTA Station
  • Located 1/2 Mile South of Wrigley Field
LISTING BROKERS
Jim Darrow
Principal
773.305.4920
Jordan Gottlieb
Principal
773.305.4922