2223 North Hoyne Avenue, CHICAGO

$849,000

6 Beds
5 Baths
0 Sqft
.07 Acres
0 Garages

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 & 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!

Essential Information
MLS® #09400131
Price$849,000
Bedrooms6
Bathrooms5.00
Full Baths5
Acres0.07
Year Built1885
TypeResidential
Sub-TypeTwo to Four Units
StatusActive
Community Information
Address2223 North Hoyne Avenue
AreaCHI - Logan Square
CityCHICAGO
CountyCook
StateIL
Zip Code60647
Amenities
Amenities

Park/Playground, Pool, Curbs/Gutters, Sidewalks, Street Lights, Street Paved

Interior
HeatingGas, Forced Air
BasementNone
Exterior
ExteriorBrick
Exterior FeaturesDeck
Additional Information
ZoningMULTI
Listing Details
OfficeColdwell Banker Residential
Property History
Status Changed from New to Active

Get directions to this property:

Properties for Sale Similar to 2223 North Hoyne Avenue, CHICAGO, IL

Photo of Listing #10045806

2418 West Lyndale Street, CHICAGO

$849,900 - 9 Beds

MLS® # 10045806

Midwest Real Estate Data LLC Logo
Photo of Listing #10036851

3110 West Lyndale Street, CHICAGO

$649,000 - 8 Beds, 4 Baths

MLS® # 10036851

Midwest Real Estate Data LLC Logo
Photo of Listing #10030951

2455 West Cortland Street, CHICAGO

$749,000 - 8 Beds

MLS® # 10030951

Midwest Real Estate Data LLC Logo

Midwest Real Estate Data LLC Logo The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than RE/MAX Premier Properties are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Listing information last updated on August 15th, 2018 at 5:35am CDT.

Sign up for email updates