5240 N Kenmore Ave., Chicago, IL 60640

Huge brick 3-flat on a 33x150 lot in a great Edgewater location. Steps from the beach, red line and express bus, walking distance to Andersonville. 3 BR 2.1 BA owner's duplex down (easy to add a BD), 3 BR 1.1 BA apt on second floor, and 2 BR 1.1 BA on the third. Ca. 1600 sq. ft. per floor. Formal dining rooms, gas fireplaces, butler's pantries, HW floors. Central heat and air, separate utilities. Stacked W/D in Unit 3, plus a coin laundry in the basement. 3 garages off the alley, and a nice back yard. Upgrades include 600 amp electric service, clean-out with flood control, many newer windows, parapet walls rebuilt in 1016, two newer bathrooms. Very low rents due to long-term tenants. The duplex is owner-occupied, 2nd floor vacant as of April 1, 2018, and the 3rd floor is month-to-month. Rent rolls reflect income prior to April 1, 2018. Projected monthly rents $2200, $1700, and $1600, plus $360 for the garages. New condos next door selling for ca. 600K.