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JUST LISTED - Classic Chicago Courtyard with Value-Add Upside

Triton Realty Group LLC’s President, Matthew A. Fritzshall, proudly presents for sale 4825-31 N. Springfield Ave., a 28 unit multi-family building an excellent Albany Park location. This investment opportunity presents a new investor with the ability to acquire a well-maintained professionally managed building, 100% occupied and with rental upside in existing condition.

🏢 The unit mix consists of twenty-one (21) studios, six (6) 1 bed/ 1 bath and one (1) 2 bed/1 bath apartments. The studio units have a separate living/bedroom space, providing a comfortable and functional living experience. Each unit offers hardwood floors, an abundance of natural sunlight, ceiling fans, and updated kitchens and bathrooms.

🔧 The property has been meticulously cared for by professional management and is equipped with well-maintained mechanical systems. The boiler system includes an updated control system, ensuring efficient heating throughout the property. A recently replaced hot water tank provides a reliable hot water supply for all residents. The plumbing consists of a mixture of copper and galvanized pipes and all electrical wiring has been upgraded to copper, enhancing safety and longevity.

💰 Offered for purchase for $3,195,000 and under 10x in-place income this is an excellent investment opportunity. For additional information or to schedule a tour please contact Triton listing broker:

📞 (847) 778-8746

Check out all of Triton's available listings here ⬇

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