Essex Realty Group, Inc. is please to announce the sale of 4155 W. Roscoe St. (‘The Property’), a recently renovated six-unit, walk-up apartment building located on the border of Old Irving Park and Avondale in Chicago, Illinois.
The Property is comprised of four (4) 2Bd/1Ba units, two (2) 3Bd/1Ba units, and a three-car parking pad. Each unit features newly refinished hardwood floors, espresso cabinetry, light granite countertops, stainless steel appliances, modern bathroom fixtures, new vanities, and tile surrounds. The property also has coin-operated laundry, 200 amp electric service, individual hot water tanks, individual furnaces in the front building, and a separate boiler for the coach house.
4155 W. Roscoe St. is conveniently located 0.70 miles west of the Addison CTA Blue Line Station, less than 0.65 miles south of the Grayland Metra Station and Irving Park Metra Station, and within proximity to several CTA bus stops. The property also provides tenants with easy access to the Kennedy Expressway and bike lines located on Milwaukee Avenue.
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- Contract to Close in 31 Days
- 1031 Exchange Buyer
- Two Months on The Market
- Newly renovated 6-unit apartment building in Old Irving
- Strong unit mix: four (4) 2Bd/1Ba units, two (2) 3Bd/1Ba units, and a three-car parking pad
- Rental upside: average monthly rents are $100-$150/month below market
- Conveniently located 0.70 miles west of the Addison CTA Blue Line Station, 0.65 miles south of the Grayland Metra Station and Irving Park Metra Station, and within proximity to several CTA bus stops