For Sale 535 North Michigan Avenue, Chicago, IL 60611
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Description
INVESTMENT PROPERTY WITH POSITIVE CASH FLOW, WILL NOT LAST! No Rental Cap! 7.9-9% return, depends on your financials/cash deal or leverage. EVERYTHING DONE, TENANT IN PLACE TIL SUMMER 2021. TOTALLY REHABBED WITH SWEEPING NORTH VIEWS. RECONFIGURED HIGH FLOOR WITH ENCLOSED BEDROOM. COMPLETELY NEW KITCHEN & BATH IN 2018, EVERYTHING A TENANT WANTS: SS, QUARTZ, KITCHEN ISLAND AND OPEN TO LIVING ROOM. PREFERRED NEW WOOD FLOORS THROUGHOUT. LOTS OF STORAGE. IDEAL INVESTMENT OPPORTUNITY! GREAT VALUE. THIS BUILDING HAS NO RENTAL CAP AND PRACTICALLY RENTS ITSELF. FULL AMENITY HIGH RISE FEATURES INCLUDE: FITNESS CENTER, LARGE INDOOR POOL, HOT TUB, COMMUNITY ROOM, SUNDECK, STORAGE LOCKERS, BIKE ROOM, 24 HR DOOR STAFF, LAUNDRY ROOM, & DRY CLEANERS. EASY ACCESS TO TRANSPORTATION, SHOPPING, DINING, ENTERTAINMENT, CHICAGO CULTURE & SO MUCH MORE! IN-PERSON SHOWINGS ALLOWED. LIMIT 4, SELF-PROVIDED PPE REQUIRED. LEASED PARKING IN BUILDING. UNIT IS OCCUPIED - 24 HOURS NOTICE REQUIRED. ROI WORKSHEET IN DOCUMENTS, CONTACT LISTING AGENT FOR DETAILS.
Amenities
- Residential
- Condominium
- High Rise
- Status: Pending
- MLS: Midwest Real Estate Data, LLC
- MLS Number: 10860679
- Construction Materials
- Brick
- Parking Features
- Garage
- Schools Districts
- Elementary: 299
- Middle/Junior: 299
- High School: 299
Listing Provided Courtesy of
Phone: 773-490-5406
e-mail: norene.chip@jamesonsir.com
535 North Michigan Avenue Unit 2015
535 North Michigan Avenue Unit 2015
Neighborhood: Central
535 North Michigan Avenue Chicago, IL 60611
Mortgage Rates & Calculators
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