6447 N Lakewood Ave.

First Time on the Market in over 90 years! Professor's Row/Loyola Park/E Rogers Park/Rogers Edge, whatever you want to call this fantastic area just 1/2 block north of Edgewater, 2 blocks west of Loyola Campus, in East Rogers Park. She may be a bit older but she has great bones! This is a chance to buy a brick 2 flat, with two large 3 bedroom, 1 bath units, and make it your own! The units are quite large with a sun room off the living room and another sun room off the formal dining room. Kitchen is large enough to create a very nice chef's kitchen. The First Floor unit has INTERIOR STAIRS to the lower level, so perfect to MAKE AN OWNERS DUPLEX. The PROPERTY NEEDS UPDATING. The boiler works. There are fuse electric boxes, but everything works. It needs rehab. It is a diamond in the rough but can be made to sparkle! IMPORTANT!! This building is sold with RESTRICTIONS. The current owner will only sell with a FIVE YEAR LEASE for the 2nd floor apartment, (where she is living now) allowing her to pay $900/mo rent as long as her sweet 87yo self can till the end of her life. THIS IS NOT NEGOTIABLE! The building is being sold "AS IS" CASH is preferred, but buyers may get a mortgage. Fantastic location, walk to restaurants, movie theater, parks. Redline just a 2 minute walk away! Proposed lease and rider prepared by owners attorney is posted under additional agreements along with floor plan of 1st floor. NO VA/FHA