Photo 1 of 1
$1,225,000
Sold on 10/20/23
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
7 |
0.00 |
0 |
$22,119.99 |
1989 |
On the market:
81 days
|
View full details, 15 photos, school info, and price history
Excellent investment opportunity on beautiful tree-lined street in highly-desirable central Lake View. Four well-appointed apartments with gas-forced-air heating and central AC. Upper units feature large primary bedrooms with ensuite bathrooms and walk-in closets, spacious second bedrooms, wood-burning fireplaces and private outdoor spaces. Large one-bedroom garden apartment is newly remodeled.Total rental income shown includes $1,850 per month from non-conforming garden apartment. All units are leased to spring 2024. This is a turnkey investment as it sits, but also offers value-add opportunity in the near future: Update the kitchens and baths in upper units and see potential rents of $2,800 or more per unit. Recent tuckpointing and new lintels. New silver coat on roof. Three parking spaces in rear off alley. Short walk to red line trains, major bus lines, shopping, dining, and lakefront. Don't miss this one!
Listing courtesy of Eric Bjorkman, Windy City Realty Corp.