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3412 N Janssen Ave
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3412 N Janssen Ave
3 Unit Apartment Building Offered at $1,919,022 CAD at a 6.13% Cap Rate in Chicago, IL 60657
![3412 N Janssen Ave, Chicago, IL for sale - Primary Photo - Image 1 of 40](https://images.loopnet.ca/i2/QdUYhLtM89E6KfEGOn0ec6OEEb6MBVTiZjqvnwJZDsA/110/3412-N-Janssen-Ave-Chicago-IL-Primary-Photo-1-Large.jpg)
![3412 N Janssen Ave, Chicago, IL for sale - Building Photo - Image 2 of 40](https://images.loopnet.ca/i2/-jyPIeuvy-FpC5uwlIdp8JGaW35Iyq0DaSv-53btWDU/110/3412-N-Janssen-Ave-Chicago-IL-Building-Photo-2-Large.jpg)
![3412 N Janssen Ave, Chicago, IL for sale - Building Photo - Image 3 of 40](https://images.loopnet.ca/i2/jp0-xZyQm-ok0M3_RJjq9Jxj7scz2YIKBCeQHcACuX4/110/3412-N-Janssen-Ave-Chicago-IL-Building-Photo-3-Large.jpg)
Investment Highlights
- Prime Location
- 100% Leased, with the opportunity for owner/occupier
- Meticulously Maintained Building
Executive Summary
Welcome to this meticulously maintained, income-generating 3-flat in the heart of Lakeview! This prime property offers a rare blend of vintage charm and modern convenience, ideally located near local shops, restaurants, parks, and public transportation. Located in a sought-after, highly desirable neighborhood with excellent schools and vibrant community spaces. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking a beautiful home with rental income, this 3-flat is a perfect fit. Don't miss the opportunity to own a piece of Lakeview in one of Chicago’s most popular neighborhoods!
Unit Features:
Unit 1: 2-bedroom, 1-bath with original character, hardwood floors, large windows that flood the space with natural light, private balcony.
Unit 2: 2-bedroom, 1-bath, with private balcony. Renovated in 2022.
Unit 3: 2-bedroom, 1-bath, with private balcony. Renovated in 2023.
(Unit 4) Lower Level : Brand new 1-bed, 1-bath non-conforming unit that is currently leased for $1500/month (not included in NOI)
Courtyard + two-car garage + coin laundry in lower-level
Unit Features:
Unit 1: 2-bedroom, 1-bath with original character, hardwood floors, large windows that flood the space with natural light, private balcony.
Unit 2: 2-bedroom, 1-bath, with private balcony. Renovated in 2022.
Unit 3: 2-bedroom, 1-bath, with private balcony. Renovated in 2023.
(Unit 4) Lower Level : Brand new 1-bed, 1-bath non-conforming unit that is currently leased for $1500/month (not included in NOI)
Courtyard + two-car garage + coin laundry in lower-level
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
---|---|---|
Gross Rental Income |
$99,999
![]() |
$9.99
![]() |
Other Income |
-
![]() |
-
![]() |
Vacancy Loss |
-
![]() |
-
![]() |
Effective Gross Income |
$99,999
![]() |
$9.99
![]() |
Taxes |
$99,999
![]() |
$9.99
![]() |
Operating Expenses |
$99,999
![]() |
$9.99
![]() |
Total Expenses |
$99,999
![]() |
$9.99
![]() |
Net Operating Income |
$99,999
![]() |
$9.99
![]() |
Financial Summary (Actual - 2024) Click Here to Access
Gross Rental Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Other Income (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Vacancy Loss (CAD) | |
---|---|
Annual | - |
Annual Per SF | - |
Effective Gross Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Taxes (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Total Expenses (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Net Operating Income (CAD) | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts
Price | $1,919,022 CAD | Lot Size | 0.07 AC |
Price Per Unit | $639,674 CAD | Building Size | 4,800 SF |
Sale Type | Investment | Average Occupancy | 100% |
Cap Rate | 6.13% | No. Stories | 3 |
No. Units | 3 | Year Built/Renovated | 1920/2023 |
Property Type | Multifamily | Parking Ratio | 0.42/1,000 SF |
Price | $1,919,022 CAD |
Price Per Unit | $639,674 CAD |
Sale Type | Investment |
Cap Rate | 6.13% |
No. Units | 3 |
Property Type | Multifamily |
Lot Size | 0.07 AC |
Building Size | 4,800 SF |
Average Occupancy | 100% |
No. Stories | 3 |
Year Built/Renovated | 1920/2023 |
Parking Ratio | 0.42/1,000 SF |
Unit Amenities
- Air Conditioning
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
2+1 | 3 | $3,378 CAD | 1,200 |
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Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (75)
Bike Score ®
Very Bikeable (88)
zoning
Zoning Code | RT-3 |
RT-3 |
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3412 N Janssen Ave
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