$ 1,339,500
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$1,339,500
Price -
0
Bed - Bath
-
0
SqFt
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About the Listing 8390 - 82783,267034
Turnkey 6-Unit Multifamily Gem with over 9% Cap Rate. Fully Renovated from Top to Bottom Prepare to be impressed by this *absolutely stunning* 6-unit multifamily property-an investor's dream offering a strong **9% cap rate** and *zero deferred maintenance*. This building has been completely transformed through a full-scale, professional rehab-*gutted to the studs and rebuilt with precision and care*, guided by full architectural and structural engineering plans. Each of the six units has been thoughtfully redesigned and rebuilt to modern standards, offering high-end finishes and reliable new systems that make this a truly *hands-off investment*. Highlights include: * **All New Plumbing**: Full drain and copper water lines + 2 brand-new 50-gallon water heaters (2024) * **New Electrical Systems**: New conduit, wiring, and individual metering; updated service panels and circuit breakers in every unit * **HVAC Overhaul**: 6 new gas furnaces, AC units, ductwork, thermostats + 7 new gas meters * **New Roof, Gutters, Fascia, Soffits & Energy-Efficient Windows** * **Completely Rehabbed Interiors**: Modern kitchens with stainless steel appliances, granite counters, new cabinetry, and LVP flooring throughout * **Bathrooms Redone**: New tubs, vanities, toilets, and custom tilework in all 6 bathrooms * **Smart Building Features**: Smart lock system with remote access control for owners and tenants-*no more locksmiths needed!* * **New Commercial-Grade Card Reader Washer/Dryer (Stacked)** * **New Sewer Main Cleanout** * **LED Lighting Throughout** Additional value-adds include **10 total parking spaces** (8 in the rear + 2 via a private driveway for Unit 1), **street parking**, and sleek common areas finished to match the unit interiors. This property is not only gorgeous-it's *bulletproof*, from the foundation to the finishes. Whether you're a seasoned investor or just starting your portfolio, this is a rare chance to own a turnkey asset that delivers both immediate cash flow and long-term value. **Schedule your private showing today.** This one won't last. FYI: Owner is a licensed real estate broker in IL.
Listing Highlights for 1542 Victoria Ave
Status
Active
Days on Site
133
Property Type
Multi-Family
MLS ®
12355994
Year Built
1910
Total Square Footage
0
Lot/Acreage
0.22
County
Lake
Area
North Chicago
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond: Central Individual
- Heating:
- Fireplaces: 0
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 126.6X75
- Zoning: MULTI
- Roof: Composition
- Others:
- Sewer:
- Parking Features: 6-12 Spaces
Financial Details
- Tax Amount: $10,257
- Taxes w/Assessments: N/A
- Tax/Property ID: 08333070390000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1542 Victoria Ave North Chicago, IL 60064
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