MLS #: 10128111
City: CHICAGO ZIP: 60613
Built In: 1896
Lot Size: A
Lot Dimensions: 46 X 112
Lot Description: E
# of Units: 4
Unit 1 Floor 1: 2 bedrooms 1 baths $1750
Unit 2 Floor 1: 3 bedrooms 1 baths $1500
Unit 3 Floor 2: 2 bedrooms 1 baths $1650
Unit 4 Floor 2: 2 bedrooms 1 baths $1600
Gross Income $90,000
Net Op. Income $63,932
AN INVESTOR'S DREAM PROPERTY! Turn-Key income producing investment! Originally, this 122-year-old property was two buildings, and at one time served as a restaurant. Zoned as RS-3, this solid, multi-unit building has been pristinely maintained by the owner and tastefully updated while leaving the character of the building intact. You can duplex up or down to create additional income. All of the units are 100% rented and have their own separate utilities. An onsite laundry generates additional income. A relative currently lives in the top floor loft-style attic, which could increase the annual income. The corner property is located in a prime, residential neighborhood near restaurants, shops, schools, and the Brown line Montrose stop. Serious Buyers must provide proof of funds & pre-approval letter prior to viewing all tenant-occupied units. 1st Showings will only include Common Areas & Top Floor loft-style attic Unit. 2nd Showings will include other available tenant-occupied units.
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