This is a golden opportunity to own the gutted & fully remodeled LEGAL 3-flat with the back deck, green yard & two car garage on the property, yet positive cash flow, steady income with the capacity for increase. The building is fully occupied, apartments are in a high demand and renting fast due to superb desirable location on the quiet green street just few steps from the heart of Wicker Park, great restaurants, shopping and entertainment, Damen train station, public transportation and The 606-Chicago. Each unit is equipped with the washer, dryer, furnace, central AC (except the garden unit w/ 2 window AC). Some major equipment, such as the furnaces in two units and washer machine in garden unit, were recently replaced. The first floor unit was converted to the luxury 1BR suite with the master bath featured a dual sink and contemporary power shower; cherry kitchen, granite countertops, SS appliances & Jacuzzi. The second floor unit is full of the light, there is no sun obstruction because of the neighbors' house is one story single family (hard to find such a combination in the city!). The Garden unit is well protected from the flooding as the owner invested in a water collector around the building, also there is a new sewer line on the street, installed by the city in 2018. The 2019 and 2020 exterior upgrades included tuck-pointing, exterior renovation, electrical renovation, roof maintenance and seal-coating (all on warranty). The building is a perfect fit for both the investors and owner occupied, especially there is a perfect time to choose your preferable unit and use the rental income to cover the expenses. Don't miss your chance! Motivated seller, bring the offer! Broker is related to the owner).
11032183
Residential - Multi-Family, Other
5
8
Cook
Lake Michigan
Brick
Sewer-Storm
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100
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