Photo 1 of 1
$705,000
Sold on 11/17/21
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
7 |
0.00 |
0 |
$8,932.25 |
1885 |
On the market:
61 days
|
View full details, 15 photos, school info, and price history
Fantastic opportunity to own this UPDATED 2 unit building WITH additional coach house unit - 3 TOTAL UNITS in East Avondale/North Logan Square with a 6.75% CAP. Use as investment OR note the month-to-month lease in the duplex unit for fantastic opportunity to owner occupy! The main building has a large, duplexed unit with 4 bedrooms, 2 baths and laundry, plus a simplex with 2 bedrooms and 1 bath. The coach house unit has 1 bedroom, 1 bath and shares laundry with the simplex. All units have updated kitchens with granite counters and stainless-steel appliances. Owner currently AirBNB's the coach house, which has significant rental interest and income. Projected rent is $1,600/month for coach house, but owner makes more doing AirBNB! Both units currently rented in main home: Unit 1 is rented MTM at $2,075/month, Unit 2 is rented until September 30, 2022 at $1,545/month. Solid investment in PHENOMENAL LOCATION where Logan Square meets Avondale meets Roscoe Village - truly surrounded in all directions with fantastic restaurants, shops and quick trips to Target, Mariano's, Costco, etc..! Easy access to CTA and expressway makes it easy to capture tenants!
Listing courtesy of Leigh Marcus, @properties Christie's International Real Estate