Photo 1 of 52
$637,000
Sold on 5/23/23
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
5 |
0.00 |
0 |
$10,039 |
1903 |
On the market:
36 days
|
View full details, 15 photos, school info, and price history
Fabulous opportunity in West Town, row of recessed buildings allows for front patios or yards and protects from street noise while setting a wonderful residential tone. All brick 2 unit building in the front and in the rear, a rare 2nd story coach house that maintains a garage on the first floor. Units have been modernized through time, all have individual heating and central air conditioning, in-unit laundry, separate gas lines and electric meters; all paid for individually by the tenants, the property owner only covers the water. Many updates/upgrades through the years, new basement sump pump and floor drains were installed in the basement around the water heaters 3 years ago. 3 legal units. Amazing opportunity for first time investor and huge potential for contractors; lots of equity still in this property! Basement has extra tall ceilings and large window potential, so many ideas to explore and execute. Main building units are approximately 873 sq ft each, 2 bedroom units with separate living and dining. The coach house is a 1 bedroom; great potential for airbnb. Lots of outdoor space, shared decks and patios throughout the property. 2 Car Garage is currently used as a work space. The lot is approximately 24 x 124 and has been upgraded in zoning to RT-4 since 2012, allowing the legal 3rd unit and garage, many more possibilities if developing exists with this higher zoning. Located 2 blocks west of Damen ave and 3 blocks South of Chicago ave; immediate walking distance to grocery stores, restaurants, pubs, art galleries and an array of shops. Minutes to people and pet friendly Smith Park. Low density neighborhood allows for easy street parking. Minutes to various expressways, Wicker Park, The Fulton Market and West Loop and all that this wonderful city has to offer.
Listing courtesy of Santiago Valdez, Compass