1148 W Belmont Avenue

OMPLETELY RENOVATED AND LEASED 5-unit building in the highly sought after Chicago Lakeview neighborhood. This Gorgeous building has been meticulously maintained and updated by the current longtime owners. ****Available at a 6.64% Cap Rate! ****The property consists of (1) storefront occupied by the same tenant for many years. Lease expires in 2023. Tenant would love to renew, (3) 2 Bed 1 Bath units, and (1) 3 Bed 2 Bath duplex. Additional income from 2 garage spots. Tenants pay all utilities. Rents are great but can be increased or capitalize with STR/AIR BNB! CHECK OUT THE AVAILABLE YOUTUBE TOURS ON A COUPLE OF THE UNITS. THIS IS PART OF A PORTFOLIO WITH 3 OTHER BUILDINGS. THEY CAN BE BOUGHT TOGETHER OR INDIVIDUALLY. YOU DON'T WANT TO PASS THESE BUILDINGS UP! NOTHING TO DO BUT COLLECT RENTS.*****CAPITAL IMPROVEMENTS INCLUDE; FURNACE/AC: 1R & 2R (2018), 3R (2015), 2F (2017), SF (2014). WINDOWS: 1R (2019), 3R (2015), 2F (2017). BATHROOM REHAB: 1R & 2R (2020), 3R (2015), 2F (2021). KITCHEN REHAB: 1R (2020), 3R (2015), 2F (2015). NEW MICROWAVE 2R (2020). ROOF (2015 HALF). WATER HEATERS: 2R (2018), 3R (2015), SF (2015).***** All the units have Central A/C and Heat (tenants pay heat) - Hardwood floors throughout - Laundry - Dishwasher - New windows - Recessed lighting*****CHECK ADDITIONAL INFO TAB******REVENUE HISTORY, RENT ROLL, EXPENSES, CAPITAL IMPROVEMENTS, AREA/PROPERTY ECONOMIC & FINANCIAL ANAYLSIS********** MULTIPLE OFFERS RECEIVED*****