two-flat multifamily building for sale in garfield park...location maps two-flat multifamily...

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PROPERTY OVERVIEW PROPERTY HIGHLIGHTS DETAILS Sale Price $150,000 Lot Size 0.05 Acres Building Size 1,850 SF Zoning R: Residential Market South Chicago Sub Market Garfield Park Real Estate Taxes (2016) $3,160.52 Two (2) unit multifamily building for sale in Chicago's Garfield Park neighborhood. The building is constructed of brown masonry and is currently 50% leased. The units were recently renovated (2016) including new hardwood floors and bathrooms. The building is well located, just south of Chicago Avenue, approximately two (2) blocks from a retail corridor filled with an abundance of retailers. It is also conveniently located near public transportation, specifically within one (1) mile of the Kedzie Metra Station and the Central Park Green Line Stop. Interstate 290 (I-290) is approximately 1/2 mile to the south. ZACK PEARLSTEIN Associate ANDREW RUBIN Vice President [email protected] (P) 224.628.4005 (C) 224.628.4005 [email protected] (P) 847.275.6106 (C) 847.275.6106 We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice. Frontline Real Estate Partners frontlinerepartners.com 477 Elm Place Highland Park, IL 60035 615 NORTH DRAKE AVENUE | CHICAGO, IL 60624 Two-Flat Multifamily Building For Sale In Garfield Park Recently renovated (2013) including new hardwood floors and updated bathrooms Within walking distance to public transportation and an abundance of retailers Conveniently located to public transportation and an abundance of retailers The building is in good condition and has been well maintained by Ownership

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Page 1: Two-Flat Multifamily Building For Sale In Garfield Park...LOCATION MAPS Two-Flat Multifamily Building for Sale in Garfield Park 615 North Drake Avenue | Chicago, IL 60624 FOR SALE

P R O P E R T Y O V E R V I E W

P R O P E R T Y H I G H L I G H T S

D E TA I L S

Sale Price $150,000

Lot Size 0.05 Acres

Building Size 1,850 SF

Zoning R: Residential

Market South Chicago

Sub Market Garfield Park

Real Estate Taxes

(2016)

$3,160.52

Two (2) unit multifamily building for sale in Chicago's Garfield Park neighborhood. Thebuilding is constructed of brown masonry and is currently 50% leased. The units wererecently renovated (2016) including new hardwood floors and bathrooms.

The building is well located, just south of Chicago Avenue, approximately two (2) blocksfrom a retail corridor filled with an abundance of retailers. It is also conveniently locatednear public transportation, specifically within one (1) mile of the Kedzie Metra Station andthe Central Park Green Line Stop. Interstate 290 (I-290) is approximately 1/2 mile to thesouth.

ZACK PEARLSTEIN Associate

ANDREW RUBIN Vice [email protected] (P) 224.628.4005 (C) 224.628.4005

[email protected] (P) 847.275.6106 (C) 847.275.6106

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.

Frontline Real Estate Partners

f r o n t l i n e r e p a r t n e r s . c o m

477 Elm PlaceHighland Park, IL 60035

615 NORTH DRAKE AVENUE | CHICAGO, IL 60624

Two-Flat Multifamily Building For Sale In Garfield Park

• Recently renovated (2013) including new hardwood floors and updated bathrooms

• Within walking distance to public transportation and an abundance of retailers

• Conveniently located to public transportation and an abundance of retailers

• The building is in good condition and has been well maintained by Ownership

Page 2: Two-Flat Multifamily Building For Sale In Garfield Park...LOCATION MAPS Two-Flat Multifamily Building for Sale in Garfield Park 615 North Drake Avenue | Chicago, IL 60624 FOR SALE

Property Unit(s) Lease Lease Type Area Lease From Lease To Term Monthly Rent MonthlyRentPerArea

Annual Rent AnnualRentPer

Area

AnnualRec.PerArea

AnnualMiscPer

Area

SecurityDeposit

LOC Amount/Bank

Guarantee

615ndrak - 615 N Drake Ave,Chicago

Current Leases

615ndrak UNIT-1 Bernadine Davis ResidentialRent

0.00 10/30/2008 0 800.00 0.00 9,600.00 0.00 0.00 0.00 0.00 0.00

615ndrak UNIT-2 VACANT 0.00 0 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

TotalCurrent

0.00 800.00 0.00 9,600.00 0.00 0.00 0.00 0.00 0.00

TotalUnits

Total Area Percentage MonthlyRent

Annual Rent

Occupied 1 0.00 0.00 800.00 9,600.00

Vacant 1 0.00 0.00 0.00 0.00

Total 2 0.00 800.00 9,600.00

Rent Roll Page 1

Property: 615ndrak From Date: 09/01/2017 By Property

Thursday, August 17, 2017

03:15 PM

Page 3: Two-Flat Multifamily Building For Sale In Garfield Park...LOCATION MAPS Two-Flat Multifamily Building for Sale in Garfield Park 615 North Drake Avenue | Chicago, IL 60624 FOR SALE

LOCATION MAPS

Two-Flat Multifamily Building for Sale in Garfield Park615 North Drake Avenue | Chicago, IL 60624

FOR SALE

ZACK PEARLSTEIN Associate

ANDREW RUBIN Vice [email protected] (P) 224.628.4005 (C) 224.628.4005

[email protected] (P) 847.275.6106 (C) 847.275.6106

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.

Frontline Real Estate Partners

f r o n t l i n e r e p a r t n e r s . c o m

477 Elm PlaceHighland Park, IL 60035

Page 4: Two-Flat Multifamily Building For Sale In Garfield Park...LOCATION MAPS Two-Flat Multifamily Building for Sale in Garfield Park 615 North Drake Avenue | Chicago, IL 60624 FOR SALE

DEMOGRAPHICS MAP

Two-Flat Multifamily Building for Sale in Garfield Park615 North Drake Avenue | Chicago, IL 60624

FOR SALE

ZACK PEARLSTEIN Associate

ANDREW RUBIN Vice [email protected] (P) 224.628.4005 (C) 224.628.4005

[email protected] (P) 847.275.6106 (C) 847.275.6106

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors,omissions, change of price, rental or otther conditions, prior sale, lease or financing, or withdrawal without notice.

Frontline Real Estate Partners

f r o n t l i n e r e p a r t n e r s . c o m

477 Elm PlaceHighland Park, IL 60035

HOUSEHOLDS & INCOME 0.5 MILES 1 MILE 1.5 MILES

TOTAL HOUSEHOLDS 3,436 13,686 30,963

# OF PERSONS PER HH 2.9 3.0 3.1

AVERAGE HH INCOME $33,136 $35,808 $39,308

AVERAGE HOUSE VALUE $256,259 $288,653 $289,416

POPULATION 0.5 MILES 1 MILE 1.5 MILES

TOTAL POPULATION 10,011 41,193 94,562

POPULATION DENSITY 10,011 41,193 94,562

MEDIAN AGE 29.9 28.5 28.8

MEDIAN AGE (MALE) 28.0 26.3 27.3

MEDIAN AGE (FEMALE) 32.5 31.2 30.8