Chicago, IL 60629
$799,000
Spectacular corner-lot building offers excellent investment potential with a desirable mix of eight - 2 bedroom, 1 bath units and one - 1 bedroom, 1 bath unit. This property features 5 dedicated parking spaces plus additional street parking. Current rents are below market due to long-term tenants and the owner's decision to maintain rents without significant increase. Additional income potential includes washer and dryer hook-up in the boiler room, as well as 9 available storage lockers. Roof is 20 years old. With its corner-lot location, multiple income streams, and potential to improve income, this property presents an attractive opportunity for an investor looking to maximize the building's income potential.
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Listed by Patrick Zomparelli, Baird & Warner