2422 N. Orchard Street

Page 1

FOR SALE MULTIFAMILY

2422 N Orchard Chicago, IL 60614 $2,999,999

Peter Angelo Broker Associate 773.294.1910 pangelo@jameson.com Kelly Angelopoulos Vice President Sales 312.636.5652 kelly@jameson.com

JAMESONCOMMERCIAL.COM ŠJameson Real Estate LLC. All information provided herein is from sources deemed reliable. No representation is made as to the accuracy thereof & it is submitted subject to errors, omissions, changes, prior sale or lease, or withdrawal without notice. Projections, opinions, assumptions & estimates are presented as examples only & may not represent actual performance. Consult tax & legal advisors to perform your own investigation.


SALE OVERVIEW SALE PRICE:

$2,999,999

LOT SIZE:

4,010 SF

BUILDING SIZE:

9,000 SF

YEAR REHABBED: 2018 ZONING:

PUD

MARKET:

Lincoln Park

PROPERTY DESCRIPTION Luxurious East Lincoln Park 4-Unit Rental Building - NOW FOR SALE. This fully rehabbed (2018) landmarked property features today’s sleek, sought-after finishes & layouts that keep tenants in high-demand. Amazing LOCATION idyllic one-way tree-covered street, .25mi to Fullerton CTA Station, DePaul University, Whole Foods and easy Lake Front access. Four Units (all nearly 1800sqft) - 4 Bedrooms, 2 Baths, In-Unit Laundry and 3 Exterior Parking Spaces. Keyed Elevator opens direct-to-unit, generous room dimensions, and fully fenced enclosed outdoor space this building is ideal for roommates and continuously attracts strong, high-income tenants. Turn-key investment property with 100% new mechanicals, roof and plumbing. Kitchens feature Bosch appliances, Designer baths all with walk-in showers and custom solar shade window treatments throughout. Bike Racks & Decks in Rear. Please reach out with further questions - rent roll and expense statement by request. Nearly $20k per month investment income!

CROSS STREETS: Orchard & Fullerton

AREA TENANTS

PROPERTY HIGHLIGHTS • 4 Unit Apartment Building

• DePaul University

• Private Elevator Service

• Whole Foods

• (4) 4 Bedroom, 2 Bath - no tubs

• Philz Coffee

• Individual Washer, Dryer and HVAC per Unit

• Equinox

• 3 Exterior Parking Spaces

• Starbucks

• Fully Renovated 2018

• Parson's Chicken & Fish

• Rear Decks

• Chipotle

• Ideal for Roommates

• Orangetheory Fitness

AREA AND TRANSPORTATION HIGHLIGHTS • Three blocks to Fullerton CTA Station • Easy access to buses in all directions


INTERIOR PHOTOS 2422 N Orchard, Chicago, IL 60614

$2,999,999


INTERIOR PHOTOS 2422 N Orchard, Chicago, IL 60614

$2,999,999


RENT ROLL & EXPENSES 2422 N Orchard, Chicago, IL 60614

$2,999,999


FLOOR PLAN 2422 N Orchard, Chicago, IL 60614

$2,999,999


SURVEY 2422 N Orchard, Chicago, IL 60614

$2,999,999


AERIAL & STREET DETAIL 2422 N Orchard, Chicago, IL 60614

$2,999,999


DEMOGRAPHICS MAP 2422 N Orchard, Chicago, IL 60614 2010 STATISTICS POPULATION

HOUSEHOLDS

(total)

(total)

0.25 MILES 4,990

0.25 MILES 2,818

0.5 MILES 21,471

0.5 MILES 11,962

1 MILE 80,763

1 MILE 42,342

AVG. INCOME

MEDIAN AGE

(per household)

(total)

0.25 MILES $120,671

0.25 MILES 28.0

0.5 MILES $119,481

0.5 MILES 28.5

1 MILE $123,582

1 MILE 30.0

$2,999,999


DEMOGRAPHICS REPORT 2422 N Orchard, Chicago, IL 60614

$2,999,999

AGE

0.25 MILES

0.5 MILES

1 MILE

MEDIAN AGE

28.4

29.4

31.0

27.9

27.7

29.3

HOUSEHOLDS

0.25 MILES

0.5 MILES

1 MILE

PERSONS PER HH

1.8

1.8

1.9

AVG. HOUSE VALUE

$600,590

$654,914

$693,660

(male)

MEDIAN AGE (female)


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