Triplex, USA, Chicago, Illinois, Lofty
Property Type : Multifamily
Condition : Active
Price per Token : $33.99
Return Cash (exp) ? : 11.80%
Return IRR (exp) ? : 15.70%
Minimum Investment : 1 Token
Total Property Size : 3500 sqft
Total Property Value ? : $373,565.47

 

 

3-Unit property (Triplex) located in Chicago, Illinois.

Details
Fully renovated original Grey Stone Triplex with spacious living areas, hardwood floors and an inviting backyard
Laundry hook-up in the basement for all 3 units
Located less than a mile away from shopping and public transportation
Located right off the expressway and 7 minutes from Oak Park or a 12-minute ride to or from downtown
The maintenance reserve has been increased from 5% to 7.5% to account for the following:
Two of the furnaces are fully functional but nearing the end of their lifespan. Likely have to be replaced in the next 5 years or sooner
Roof is due for re-coating soon
The following issues from the Inspection Report have already been repaired:
Chimney mortar joints have been repaired by seller
Bricks on west side of the building have been repaired by seller

 

 

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