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.
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.
- 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