Photo 1 of 1
$715,000
Sold on 9/23/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
7 |
0.00 |
0 |
$8,555.47 |
|
On the market:
30 days
|
View full details, 15 photos, school info, and price history
Fantastic Investment Property in A+ River West/West Town Location. Full Brick 3 Unit Building with non conforming 4th garden unit. Great potential for increased rents and cash flow. The attractive garden unit is a 1bd/bath with 8.5 ft ceiling height, large rear patio space and gas forced heat. Units 1, 2 and 3 are 4 room 2bd/1bath apartments with eat-in kitchens, 10ft ceiling height, gas forced heat, central air, and 11' x 10' rear decks. All units are separately metered so the tenants pay their own utilities. Large parking slab at rear can accommodate three tandem parking spaces for total of 6 cars. Common laundry in utility room. Rear deck is 4 years old. Roof is 10 years old and in good condition. All tenants on MTM leases except garden unit which expires 3/22. Room to increase rents to market value ($500+/month with rent and parking). Keep as income producing building; live in one unit and start your real estate portfolio; renovate for maximum rental income. Short walk to the Blue Line at Ogden/Chicago and quick jaunt to West Loop/Randolph Row. Vacant unit 3 to be shown on first showings only. Units 1, 2, 3 are virtually identical in layout, size and finish level. Property being sold AS-IS.
Listing courtesy of Karen Biazar, North Clybourn Group, Inc.