2 Duplex Unit RT4 Condo – Lincoln Park

2 Duplex Unit RT4 Condo – Lincoln Park

2 Duplex unit – Condo – Lincoln Park

Classic Chicago Brick- 3 Story configured for high end market.

In this hot area, these large luxury condo units are in big demand. Nicely finished duplex condos in good locations often are sold out before construction is complete.

 

Status:              Proposed – Updated June 11, 2022

Property Type:     2 Duplex Unit Condo/Rental

Sub-Type:            Condo / Residential Income

Building Size:        4,870 SF 

Document List For Investors

FINANCIAL SUMMARY – PRO FORMA  2022-23  

2 Duplex Unit RT4 Condo – Lincoln Park

3 Unit RT4 Condo/Rental Lincoln Park

3 unit – Condo/Rental Lincoln Park

Classic Chicago Brick 3 unit – 3 Story + Basement stands the test of time.

In this hot area, these luxury condo units are in big demand. Nicely finished condos in good locations often are sold out before construction is complete.

These buildings are also perfect as owner occupied rental properties. This is an excellent way to move into a brand new “condo” type unit and at the same time build wealth quickly by taking advantage of tax benefits and having tenants helping pay down your mortgage.

Status:              Proposed – Updated June 11, 2022

Property Type:     3 Unit Condo/Rental

Sub-Type:            Condo / Residential Income

Building Size:        5,000 SF 

Actual Cap Rate:            5.7%

Document List For Investors

FINANCIAL SUMMARY – PRO FORMA  2022-23  

Rental Scenario – Pro Forma  2022-23  

6 Unit RT4 Condo/Rental Lincoln Park

6 Unit RT4 Condo/Rental Lincoln Park

6 Unit RT4- Condo/Rental Lincoln Park

Classic Chicago Brick 6 unit – 3 Story + Basement stands the test of time.

In this hot area, these luxury condo units are in big demand. Nicely finished condos in good locations often are mostly sold out before construction is complete.

A 6 unit building is a bit more efficient than a 3 unit since the entrance and stairs are shared between more units and because they are oriented back to back, the units can feel a bit wider.

Status:    Proposed – Updated Feb 2022

Property Type:        Residential

Sub-Type:           6 Unit Condo/Rental

Building Size:        10,100 SF 

Actual Cap Rate:            5.57%

Document List For Investors

FINANCIAL SUMMARY – PRO FORMA  2022-23  

Rental Scenario – Pro-Forma  2022-23  

3 Unit RM4.5 Condo/Rental Lincoln Park

3 Unit RM4.5 Condo/Rental Lincoln Park

3 unit – RM4.5 Condo/Rental Lincoln Park

Classic Chicago Brick 3 unit –  4 Story + Basement stands the test of time.

In this hot area, these luxury condo units (2 Duplex & 1 Simplex) are in big demand. Nicely finished condos in good locations often are sold out before construction is complete.

Status:              Proposed – Updated May 23, 2022

Property Type:    Residential Condo

Sub-Type:            3 Unit Condo/Rental

Building Size:        6,375 SF 

Actual Cap Rate:            5.11%

Document List For Investors

FINANCIAL SUMMARY – PRO FORMA  2022-23  

Rental Scenario Pro – Forma  2022-23