880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 1 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 2 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 3 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 4 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 5 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 6 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 7 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 8 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 9 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 10 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 11 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 12 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 13 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 14 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 15 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 16 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 17 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 18 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 19 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 20 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 21 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 22 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 23 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 24 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 25 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 26 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 27 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 28 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 29 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 30 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 31 880 N Milwaukee Avenue, CHICAGO IL 60642 Photo 32
Listing Courtesy of North Clybourn Group, Inc.

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880 N Milwaukee Avenue - Hi Luxury Intelligently Designed New Construction Building- 5.9% Cap Rate. Absolute Turnkey Opportunity in River West; Gateway to River North/Fulton Market right at Milwaukee/Ogden Blue Line. Luxury boutique elevator building with heated attached 8 + garage parking. Expertly engineered 5 story Masonry, Concrete & Steel construction. One 1390 sqft Commercial Space and EIGHT EXTRA WIDE expansive 1845 Sq ft 3 Bedroom/2 Bath plus private and common porcelain paved decks over garage and at roof! Outfitted with Integrated kitchens from Archisesto; Open Shelving, Full Walls of Cabinetry, Quartz Waterfall Edge, Liebherr/Miele Appliances. Stained Hardwood floors throughout. Layouts accommodate spacious living and dining area w/ Wet Bar plus stunning Master Suites featuring huge walk-in closet & spa like baths finished in porcelain/quartz, 8 Ft over-sized steam showers complete with bench & niche . Organized closets throughout Cove Accent lighting. AAA tenants stablized asset.

Listing information

  • MLS® ID: 10453911
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Multi-Family
  • Stories: 5
  • Foreclosure: No
  • Year Built: 2019
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $64,500

Features

Air Conditioning Central Air
Approximate Age New Construction
Backup Info Existing Survey, Floor Plans and Specs, Leases-Copies, Rent Roll
Built Before 1978 (Y/N) No
Construction Brick, Concrete, Steel
Current Use Residential-Multi-Family
Electrical Service Circuit Breakers
Exterior Building Type Brick
Fire Protection Carbon Monoxide Detector(s), Other
Foundation Concrete
Franchisor Feed(y/n) No
Frontage/Access City Street
Fuel Expense Source Combination
Heat/Ventilation Central Heat/Indiv Controls, Forced Air, Gas
Indoor Parking 6-12 Spaces
Information 48-Hr Notice Required, List Broker Must Accompany
Location Mixed Use Area, Public Transport Avail
Misc Inside Elevator/s Passenger, Storage Inside
Other # Of Dishwashers - 8, # Of Disposals - 8, # Of Dryers - 8, # Of Ranges - 8, # Of Refrigs - 8, # Of Units - 9, # Of Washers - 8, # Of Window/Ac - 0, Electricity Expense - 0, Expense Year - 2019, Fuel Expense - 0, Gross Rent Multiplier - 12.8, Gross Rental Income $ - 485772, Insurance Expense - 5500, Janitor Expense - 0, Net Oper Income $ - 37248, Net Operating Income Year - 2019, Other Expenses - 43289, Repairs-Decor Expense - 0, Scavenger Expense - 0, Tax Year - 2017, Total Annual Exp - 113289, Total Annual Income - 485772, Total Monthly Income - 40481, Township - West Chicago, Water Expense - 0, Zoning Type - Multi
Owners Assoc (Y/N) No
Ownership Type Limited Liability Corp
Possession Closing
Potential Use Condominium, Residential-Multi-Family
Property Type Multi Family 5+
Roof Coverings Rubber
Roof Structure Flat, Prestressed Concrete, Steel Joists
Sale Terms Conventional
Tenant Pays Air Conditioning, Electric, Heat
Type Multi-Family Other
Unincorporated (Y/N) No
Washer/Dryer Lsd (Y/N) No
Listing Courtesy of North Clybourn Group, Inc.