Well maintained, clean brick two-unit building on the NE corner of Diversey and Lamon in the Belmont / Cragin neighborhood of Chicago. The first floor has 1,600 sq. ft. of office / business space currently renting for $1,700 with the lease expiring August 2022. The rear of the commercial space has a separate two-level room ideal for storing inventory or a private office. The second floor has a huge, 1,700 sq. ft. (3) bedroom apartment currently renting for $1,400 with a month to month lease. The basement is full with (2) exits/entrances and the owner is leasing space there to himself for $1,000 per month. The CAP rate (not including the bsmt) is 6.53%. The building has newer heat and windows, off-street parking for 5, and the CTA bus stops in front of the building. Income and expense figures provided by seller.
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