1707 N Washtenaw Ave., Chicago, IL 60647

1707 N Washtenaw Ave., Chicago, IL 60647
Photo 1 of 25
$1,000,000
Beds Baths Sq. Ft. Taxes Built
8 0.00 0 $12,103 1890
On the market: 12 days

Est. Monthly Payment:

$6,997($5,988 + $1,009 taxes*)

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Well-located legal 3-flat with four (4) 2BR/1BA units plus a separately leased private garage, offering immediate income with strong long-term upside. Situated just one block from The 606 and a short walk to the CTA Western Blue Line, with easy access to I-90/94-this is a highly desirable rental corridor with consistent tenant demand. All units feature functional, spacious layouts and are well-positioned for rent growth through light cosmetic updates. Rents are currently below market, presenting a clear value-add opportunity for investors seeking to increase cash flow. The property includes an upgraded, expansive, light-filled owner's unit, ideal for an owner-occupant or premium rental. Additional income is generated from a privately leased garage at above-market rent, further enhancing overall returns. Excellent opportunity to acquire a stable asset in a prime West Town/Logan Square adjacent location with both in-place income and future upside.
Listing courtesy of Joseph Kotoch, Compass