554 W Belden Ave., Chicago, IL 60614

The first time on the market in 70 years, this classic East Lincoln Park 2-flat is an ideal candidate to be gutted and converted into a modern 4-story single family home or two luxurious condos. A great townhome alternative, it has an attractive facade, a 19-foot wide interior and R-5 zoning. The main and second level apartments each offer just approximately 1,200 sqft of living space, with the potential to double the size of the home by expanding into the unfinished attic and lower level. (The lower level is mostly above grade; the sand foundation makes it easy to dig down.) This home is landlocked and does not have onsite parking but there is ample street parking on Belden, as well as leased parking close by. An easement in the back provides access to Geneva. This home is in the Lincoln Elementary and Lincoln Park High School Districts, and a couple blocks from Francis W. Parker, the park and lakefront recreation.