Multifamily Housing
1426 West Jonquil Terrace Chicago, IL 60626
Details & Description
Price: $1,100,000
    Essex Realty Group, Inc. is pleased to present 1426 W. Jonquil Ter., a center entrance six-unit apartment building located in the East Rogers Park neighborhood of Chicago. The property has been under the same ownership for 35 years and has been meticulously maintained during its tenure while preserving the buildings vintage detail and charm.The building's unit mix consists of five (5) massive three-bedroom layouts and one (1) large two-bedroom layout, which include formal dining rooms, oversized family rooms, front sunrooms, and rear outdoor porches. The apartments feature hardwood flooring throughout, and the kitchens and bathrooms have been modesty updated over the years with standard finishes while preserving the vintage appeal. Notable improvements to the building include copper plumbing throughout, separately metered electricity, and a recently replaced hot water heater in 2019. Heat is provided to all of the apartments via a Weil McLain Boiler and is an owner-paid expense.This is an extremely low maintenance property with very manageable expenses. An investor has the extremely rare opportunity to acquire a multi-family asset in an area of Chicago that has seen tremendous growth and development. A new buyer can capitalize by operating the building as-is while bringing the current rents to market. Additionally, there is significant upside by updating the apartments, including potentially adding garden units.
    Listing Agents
    Jacob Goldstein

    O: 773-305-4896
    jacobgoldstein@essexrealtygroup.com
    Steven Livaditis

    O: 773-305-4840
    stevenlivaditis@essexrealtygroup.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    1426 West Jonquil Terrace

    Chicago, IL 60626

    Listing ID: 236265
    1426 West Jonquil Terrace Chicago, IL 60626 | for Sale | Photo 1
    Building Size: 6,000 SF
    Lot Size: --
    Land Size: --
    Building $/SF: $183.33
    Land $/SF: $183.33
    Price
    $1,100,000
    Description

    Essex Realty Group, Inc. is pleased to present 1426 W. Jonquil Ter., a center entrance six-unit apartment building located in the East Rogers Park neighborhood of Chicago. The property has been under the same ownership for 35 years and has been meticulously maintained during its tenure while preserving the buildings vintage detail and charm.

    The building's unit mix consists of five (5) massive three-bedroom layouts and one (1) large two-bedroom layout, which include formal dining rooms, oversized family rooms, front sunrooms, and rear outdoor porches. The apartments feature hardwood flooring throughout, and the kitchens and bathrooms have been modesty updated over the years with standard finishes while preserving the vintage appeal. Notable improvements to the building include copper plumbing throughout, separately metered electricity, and a recently replaced hot water heater in 2019. Heat is provided to all of the apartments via a Weil McLain Boiler and is an owner-paid expense.

    This is an extremely low maintenance property with very manageable expenses. An investor has the extremely rare opportunity to acquire a multi-family asset in an area of Chicago that has seen tremendous growth and development. A new buyer can capitalize by operating the building as-is while bringing the current rents to market. Additionally, there is significant upside by updating the apartments, including potentially adding garden units.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Chicago History of Multifamily Housing for Sale

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    Chicago Area Market Trends

    Listing Demographics for 1426 West Jonquil Terrace Chicago, IL 60626

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

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    Common Questions and Answers

    What is the asking price for 1426 West Jonquil Terrace in Chicago?
    The asking price for 1426 West Jonquil Terrace is $1,100,000
    What is the building size of this Multifamily property in Chicago, IL?
    The size of the building/unit at 1426 West Jonquil Terrace in Chicago is 6,000 square feet
    What is the population within 1 mile of 1426 West Jonquil Terrace in Chicago?
    The population within 1 mile of 1426 West Jonquil Terrace Chicago, IL 60626 is 51,514 people.
    Who do I contact for questions about 1426 West Jonquil Terrace?
    You should contact the listing agent, Jacob Goldstein, for any details regarding this commercial listing.

    Other Listings for Sale Nearby

    Closest Commercial Airports

    Airport Distance (mi) Directions
    Chicago O'Hare International Airport (ORD) 13
    Chicago Midway International Airport (MDW) 17
    General Mitchell International Airport (MKE) 65
    Price
    $1,100,000
    Listing Agent
    Listing Co-Agent
    Jacob Goldstein - CRE Agent at

    Steven Livaditis

    Essex Realty Group
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