Photo 1 of 1
$118,000
Sold on 12/18/20
Beds |
Baths |
Sq. Ft. |
Taxes |
Built |
5 |
0.00 |
0 |
$3,481.24 |
1910 |
On the market:
29 days
|
View full details, 15 photos, school info, and price history
This classic multi unit is the quintessential value add asset which will provide an amazing cash flow return, the building checks all the boxes, character, solid brick exterior, the right location and the right value, this will not last long! Each unit is very spacious with octagon living rooms, decorative fireplaces in each unit, there is a formal dining room to the rear of the building, the second floor unit offers three true bedrooms, first floor with two bedrooms. The current layout of the kitchen and dining room make this building even more versatile to add additional value as you can move the kitchen over and create an additional bedroom or convert the dining room into a 3rd/4th bedroom and expand the kitchens. This building has the space to get real creative! There is easy access to the high ceiling basement off of the first floor unit, the basement features higher ceilings which would make it an ideal duplex down and create an owners unit while expanding the second floor unit to maximize cash flow! Wood floors throughout the building, there is a small deck off the bedroom on the second floor unit, the list goes on, look at the potential here! If that was not enough the location makes this asset even more sough after, walk to Washington Park, Minutes from the Lakefront, University of Chicago, Dan Ryan, Red Line and much more!
Listing courtesy of Ryan Smith, RE/MAX Properties