T H E A LT G ELD B U I LD I N G S
8 3 8 /8 4 0 A N D 8 4 2 /8 46 W ALTGE LD | 844 W ALTGELD
T H E A LT G ELD B U I LD I N G S
Four standard Chicago sized lots in Lincoln Park on quiet cul-de-sac street with three separate PINs. The estate includes two six-unit rental buildings, each with its own PIN and a third PIN with a 3,141 square foot single-family coach house. The 12 high end Altgeld facing rental units monthly gross income is $27,174 and the single-family coach house is owner occupied. Market rents and adding the coach house as a rental could produce monthly gross rents of $37,000+ per month.
The Altgeld Buildings Inventory Two bedrooms, one full bathroom 7 units Two bedrooms, one full bathroom, one half bathroom
4 units
One bedroom plus den, one full bathroom
1 unit
Excellent turn-key investment/value-add/development opportunity in the heart of the booming DePaul neighborhood.
B U I LD I N G S S P E C I F I CAT I O N S
Address
838-846 W Altgeld Street
Current Use
Two, six-unit apartment buildings and a single-family coach house on four standard lots
Zoning
RT-4
F.A.R
1.2
Frontage
100 feet on Altgeld
Total Lot Size
100 feet x 125 feet
Total Land Size
12,500 square feet
Max Build Above Grade
15,000 square feet
Monthly Gross Rent
$27,174
Market Monthly Gross Rent
$37,000
Possession
Closing
Ward
Smith/43rd Ward
PINS 14-29-420-057-0000 14-29-420-058-0000 14-29-420-059-0000
R EN TA L A PA RT M EN T S
LIVING ROOM | DINING ROOM
LIVING ROOM
KITCHEN
M A S T E R B E D R O O M | M A S T E R B AT H R O O M
G U E S T B E D R O O M | G U E S T B AT H R O O M
O U T D O O R S PAC E
LIVING ROOM | DINING ROOM
LIVING ROOM | DINING ROOM
KITCHEN
B AT H R O O M S
COAC H H O U S E
LIBRARY
LIVING ROOM
DINING ROOM
KITCHEN
SITTING ROOM | INDOOR POOL
LOFT
MASTER BEDROOM
M A S T E R B E D R O O M | M A S T E R B AT H R O O M
GARDEN
GARDEN
MONIQUE CROSSAN,
CNE
MIKUS K INS
3 1 2 . 8 93 . 8 1 0 4
3 1 2 . 9 2 5 . 8 01 3
M C R O S SA N @ KO E N I G R U B LO F F.CO M
M K I N S @ KO E N I G R U B LO F F.CO M