Price $694,995
Status Active
Beds 7
Baths 3 Baths
Home size n/a
Lot Size n/a
Days on Market 11
Multiple possibilities in this unique 2 flat in Little Italy across the street from amazing Sheridan Park... this booming area of restaurants and night life, is not only has a great rental income with a traditional student base(you will always have students from UIC and RUSH to rent to), but now you are having tons of professionals living in the area, renting and building new homes and multi units, because of it closeness to the city and still having a neighborhood feel. This also located in a special commuter area where you can build more units that can normally be built in Chicago. Owner had tossed around idea of building an 8 unit on property. You can develop for rentals, make it your own home, or keep as the rental it is... it's a great location only a few blocks from UIC, close to highways that can take you in all directions, trains a few blocks away and buses at the corner. You can also enjoy the park with it's many amenities and feeling of less congestion (no houses across from you). There are 2 parking spaces where a garage sat that you can rent for a potential additional $4,800 in income, you can rebuild or leave as is. New gutters and rear porch being completed. Do no disturb tenants, must be pre-approved for showings and shown by listing agent who is related to owner. 48 hr notice
Property Type(s): Multi Family
Last Updated 5/9/2024 Year Built 1875
Community CHI - Near West Side County Cook

Additional Details

AREA CHI - Near West Side
BASEMENT Full, Unfinished, Yes
BUYER'S BROKERAGE COMPENSATION 2.5% -495
CONSTRUCTION Vinyl Siding
HEAT Natural Gas
LOT 0
LOT DIMENSIONS 25X99
SEWER Public Sewer
TAXES 10491
WATER Public

Location

 

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Listed with Berkshire Hathaway HomeServices Chicago
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