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2223 North Hoyne Avenue, Chicago, IL 60647

6 BR , 5 full BA Multi Family MLS# 09400131 ID: 43348324
$849,000 Get Rates

Multi-Family - Chicago, IL
Cap rate is 5.7% including taxes and expenses. Prime Bucktown location on Hoyne near Webster. Zoning is RT-4. Lot size is 25 x 126. All 4 units are currently rented and occupied. Arm chair investment or live in and subsidize your mortgage while enjoying appreciation in an appreciating market. Gross rental income $73,200. Expenses : Trash = $5781, Water = $1200, insurance = $3568. Gross expenses= $10,549. NOI =$62,651. Cap Rate is NOI divided by Purchase price $62,651/$849,000 = cap rate of 7.3%. Including property tax of $13,642, cap rate is 5.7%. The 3 bedroom unit is a duplex up with central heat, central air, laundry in the unit and a dishwasher. The other three units are all 1 bed 1 bath with central heat only. Never vacant, easy to rent units in a great location!

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Location Information near 2223 North Hoyne Avenue
Offered by Matt Hoyt at Coldwell Banker Residential Brokerage - Highland Park

Would you like more information regarding this property?
Please call (847) 433-5400.

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Property Features for 2223 North Hoyne Avenue
Market Status
Last Updated
June 19, 2018
Property Type
Multi Family
Year Built
6 BR
5 full BA
Approx. Lot Size
0.07 Acres

Building Features

  • Heating Fuel: Natural Gas

Exterior Features

  • Porch/Deck

Listing Features

  • Property Type: MultiFamily; Multi-Family

Room Details

  • Additional Areas: Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Bedroom; Full Bath; Full Bath; Full Bath; Full Bath; Full Bath

Data Provided by NRT LLC

More Information for this listing
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More information about this $849,000 Multi Family at 2223 North Hoyne Avenue

This $849,000 Multi Family at 2223 North Hoyne Avenue in Chicago, IL is presented by Matt Hoyt. This $849,000 Multi Family, located in the 60647 zip code, has the following property features: Porch/Deck, Heating Fuel, Additional Areas, Property Type. This 2223 North Hoyne Avenue Multi Family, located in Cook County , is listed under MLS listing number 09400131, has 6 beds, 5 baths, and has a listing price of $849,000. You can find more CHICAGO homes for sale here.