1646 W Cortland St.

In a fantastic BUCKTOWN location, we introduce this stellar investment opportunity with substantial cash flow. Housed on a 36 foot EXTRA WIDE lot, this legal 3 unit ALL BRICK dwelling provides great rents in a beautiful building. The current owners have done significant upgrades throughout creating a turn-key experience. Due to its very close proximity to transit, highway, restaurants and more - there have been no vacancies in 5 years - super easy to rent. The first floor duplex down would make a fabulous owner occupied unit or can be easily kept as a rental. This unit is massive with 3 bedrooms, 2 bathrooms, an enclosed back porch, two huge living spaces and two kitchens (lower level more of a wet bar with dishwasher). Hardwood flooring on both levels and designated dining. Unit 1 has it's own stackable washer/dryer replaced in 2019. The second floor has been fully rehabbed - new floors, new kitchen, new appliances, new bath. This home offers 3 bed, 1 bath. The top floor unit allows tons of light - hardwood floors throughout and is also a 3 bed, 1 bath. All units have enclosed back porches. Washer/dryer in building basement (replaced in 2019) services unit 2 and 3. Three car garage with new roof, new membrane + new gutters (2017). All three water heaters were replaced (2017). All units have their own furnaces/AC condensers. Building furnace (the 4th one) was replaced in 2019. Vents were added to the exterior to avoid any mold potential, new sump pump (2017), new roof membrane (2017). Brick was all tuck pointed and front copper roof was put on (2017). A lot of care and attention! Opportunity to increase rents with the potential rehab of unit 3.