6335 N Claremont Avenue Chicago, IL 60659
Fully Renovated & High-Performing 3-Flat in Prime West Ridge Location. Turnkey investment opportunity in the heart of West Ridge! This fully renovated and high-performing 3-flat features true 3-bedroom layouts in all three units, an upgraded configuration that consistently commands strong tenant demand compared with typical vintage layouts in the area. The property offers a strong and diversified income profile, with current monthly rents of $2,620, $2,530, and $2,475, plus an additional $1,400/month from the garden unit. The 3-car garage provides further income potential at approximately $150 per space. Potential rent, including parking, is approximately $9,475/month or $113,700 annually. Units feature spacious floor plans, updated kitchens, hardwood floors, and functional living spaces designed to appeal to long-term tenants. Recent capital improvements include a new boiler/heating system, kitchen reconfigurations, commercial Speed Queen laundry, garage masonry improvements, pest remediation and sealing, two window replacements, and new stoves in two of the three units. The property has demonstrated leasing performance and benefits from strong tenant demand in a desirable West Ridge location near transportation, schools, shopping, dining, and everyday conveniences. The garden unit is non-conforming and currently provides an additional $1,400/month in rental income. A rare opportunity to acquire a renovated, income-producing multifamily property with strong rental performance, multiple income streams, and significant capital improvements already completed.
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Listing Office: HomeSmart Connect LLC
Listing Office Phone: 847-495-5000
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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