3719 North Seminary Avenue, Chicago, IL 60613, USA
Contingent
Lake View
$3,250,000
Whether you’re considering selling or buying a multi-family property, the time is ripe for action.. Buyers can unlock New Opportunities with as low as 5% down (owner occupy) with the changing landscape in the multi-family space as the recent decision by Fannie Mae and Freddie Mac to lower the required down payment for owner-occupant purchases. The down payment requirement has dropped from 15%-25% to an astonishingly low 5% for 2-4 unit properties. This move has opened the doors for new buyers, creating a surge in demand for multi-family units in Chicago. Sellers looking to exit could be in a great position with this increased demand.
Property Type
Bedrooms
16
Bathrooms
14
Half Baths
2
Square Footage
2500
Unit Count
5
Year Built
1886
Neighborhood
Lake View
Multi Family
Property Details
Listing Agent:
Jason Rowland
312.927.1942
Seize this rare (assumable debt @ 4.25%) investment opportunity for this five-unit, 2019 new construction building directly behind the iconic Wrigley Field. This architectural gem offers two 4Bed/3Bath apartments, two 2Bed/1.1Bath units, and a full-floor 4Bed/4Bath penthouse. Each unit boasts premium finishes, including hardwood flooring, black stainless steel appliances, quartz countertops, modular closets, and front-load in-unit laundry. Amplify your outdoor experience with private decks off both the front and the back of each unit. The building further impresses with shared rooftop spaces atop the main building and garage, outfitted with a grill for ultimate entertaining. This property is a remarkable blend of immediate revenue generation and long-term investment value in one of Chicago's most dynamic neighborhoods.