3565 W Wolfram St,
Chicago, IL 60618

1,995,000
0/00
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Fully Turnkey Cash Flowing asset trading at a 6.1% Cap Rate based on 2020 Actuals. Property has had ZERO vacancy in the 3 years since renovation has been completed and is perfect for the 1031 or everyday investor. The Drake Residences feature six meticulously renovated apartment units just steps from public transportation, parks and all the unique restaurants and bars Logan Square has to offer. Not an expense was spared as the renovation was fully permitted and everything except the brick walls were replaced (even the subfloor and joists). The units feature Two Bedroom/two bathroom and Three Bedroom/two bathroom configurations, Open floor plans, Stainless steel appliances, white shaker cabinets & quartz countertops, Central heating & air conditioning, including humidifiers, In-unit washer and gas dryers (oversized Whirlpool), Hardwood floors, Custom tiled bathrooms with solid wood vanities with quartz tops, Large 8'x8' basement storage units and three reserved parking spaces. Please reach out for additional financial information, rent rolls, location information, floor plan and additional unit pictures.

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