Sold $1,360,000
Property Details

Sold $1,360,000
Description

1311 Schubert, Chicago

Sold -

1311 W. Schubert Ave, in Chicago’s premier Lincoln Park / DePaul University neighborhood, is being offered at an upper 6 Cap Rate. This cash flowing, legal 4-Unit building consists of 2 separate buildings. The four unit residential offering consists of two, 3 bedroom / 2 bathroom units (one duplex up and one duplex down) in the front of the property and two, 2 bedroom / 2 bath units (simplex) in the rear of the property. Each unit is equipped with its own washer and dryer. All units have central heat and AC. Tenants pay electric, gas and heat. Owner pays for water. High walk score (82) and Transit score (75). Close proximity to DePaul University, public transportation, shopping and an abundance of restaurants, night life and all that Lincoln Park has to offer.