1248 N Wood St., Chicago, IL 60622

Beautiful 3-flat in the heart of Wicker Park/Bucktown. Rents way below market in as-is condition. Currently grossing $60,000/year and with cosmetic updates to the units (new kitchens, bathrooms, add in-unit laundry) potential to gross $95,000+/year. Building was updated in 2003 but units need updating. Good layouts, kitchens have dishwashers, two outdoor parking spaces in the back. Potential to duplex down first floor unit. A+ location near Division Blue Line stop, nightlife, shopping and restaurants.