1434 Montrose Avenue
Chicago,
IL
60613
$200,000.00
Listing Description
Turnkey investment opportunity in excellent Uptown area on on Montrose, just west of Clark Street. Building is currently rented by long-term tenant who is in the 2nd year or a 5-year lease renewal, which expires on January 14, 2024. Rent payments increase by 3% per year and tenant is responsible for all utilities. Tenant currently uses building for office space and meeting rooms. Building is in excellent condition with approximate NOI before debt service of $14,895.