Hitting the Market
A brokerage is nothing without its members. At Coordinate Properties, our team lists properties of all types and sizes. We are even making a foray into land entitlements, more about that later though. When Coordinate Properties started, its owners always knew it would be a boutique real estate firm, but they never wanted to silo themselves into one class of asset. One can be an expert, all one needs is experience. The residential arm of the company started when friends and family came chirping, "Hey, you are in real estate, right? I need help to [buy] or [sell] my house!" Whether it is commercial or residential, a deal is a deal after all.
Without further ado here are some listings from our CP brokers along with further commentary by me, their managing broker, on how awesome they are.
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1335 Dodge Ave in Evanston by Aaron Spiro
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Here's the bad news first. Unfortunately this listing is already under contract after being listed for only a couple of weeks. Not too shabby for Aaron's very first commercial listing. And only because I want to imagine Aaron flashing his million dollar smile as he reads this, his completely rehabbed + furnished short term rental was so BEYOND that he was able to rent it to the same individual for three full years at short term rates! Further proof that you get the best of all worlds here at CP. In case it lends itself to be available again, please find the listing below:
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Stable income at a potential 7.6% cap rate! This updated two-story office space features two units (potential to subdivide into three). The first unit boasts approximately 4,300 sqft across two floors and has been rented to the same tenant since 2010. The second unit is approximately 1,000 sqft and ready for your next tenant. The unit has been impeccably kept up to date with updated tuckpointing, roofing, furnaces, electrical, and plumbing. Don't miss out on this headache-free cash cow today!
The property has had significant updates over the years and is turn-key. Great opportunity to lease the remaining unit for cash flow. Tenant has approximately $27,000 in additional improvements planned for 2022. Currently, the main tenant is on lease until September 30, 2024, with the option to renew. Tenant is a federally backed non-profit and has not missed a payment during their 10+ year occupancy.
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811 W. 15th Pl, Unit 709 in Chicago by Isabel Morales
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When Isabel isn't practicing real estate, she is a full time super-mom. If that doesn't sound impressive enough, she is fluent in Spanish and can conduct business in dual languages. Her uber smart and bilingual 7 year old is not only a chess-master, but a skillful footballer, "aka soccer," aspiring to be the next Messi (or the Spanish equivalent). Want to live in the condo where greatness in the making was raised? Check out her listing below:
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Welcome Home! Gorgeous condominium situated in highly desirable University Village neighborhood. This sun-filled two bedroom - one-and-a-half-bathroom unit impresses you as soon as you walk in with gleaming hardwood floors throughout the split floor plan and a modern fireplace. Totally upgraded in 2019, it offers new hardwood floors, spacious kitchen cabinetry, granite countertops and stainless-steel appliances.
True bedrooms with walking closets provide privacy or ideal for a work from home situation. Full bathroom finished with a spacious stand-up shower and an additional powder room. Washer and dryer purchased in 2021 and new HVAC system installed in 2020. One heated garage parking included in the price. Towering 12 ft ceilings exposed concrete with loads of natural light and space to enjoy beautiful sunset views from your private balcony. Elevator building, 24-hour door staff and close to major highways, public transportation, medical and financial district. It only needs you!
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732 W. Aldine, Unit 2 in Chicago by Julia Miner
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Our next listing is presented by our very own Russia born, electrifying beauty, Julia. She is the eldest of 6 children and left Russia for the US upon graduating law school. In addition to CP, Julia works full time for a developer where she manages a sizable portfolio. In addition to being a pro at navigating tenant relations, she also experienced in forming homeowners associations. Check out the last unit available in this building for sale directly from the developer:
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Modern all new construction 2 bed/2 bath simplex on a quiet treelined Aldine Ave. This stunning home features warm & inviting designer finishes throughout! All generously proportioned rooms - from the spacious sunny open living & dining room w/ floor to ceiling windows & terrace, to the incredible custom Marfa chef's kitchen with quartz countertops & high-end thermador appliance package. All large bedrooms, luxurious spa caliber bathrooms featuring Hansgrohe fixtures, and a master bathroom w/ huge steam shower, double vanities & heated floors.
Additional features include smart home/app controlled technology, high ceilings, big windows, tall doors, bamboo floors & great closet/storage space throughout. Garage parking. Perfectly located - less than 1 block to Nettelhorst School and Broadway, Clark & Halsted Street restaurants & shops. Only 2 blocks to the CTA & the lakefront.
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Mandate is over! Take off your mask and let's hit it.
info@coordinateproperties.com
(847) 409-4900
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