Chicago, IL 60618
$969,000
Opportunity meets location on this corner lot in west lakeview! Four residential apartments and one commercial office make up this corner building in one of Chicago's most in-demand rental pockets. All units are move-in ready. For the investor who wants to push harder, updated kitchens, baths, and finishes could bring the building to the top of the market. Proforma rents in the area are fantastic. The corner lot adds light and visibility, and the large back yard is a rare find for a property this size. The commercial office unit adds a second income stream and balances the building's cash flow. West Lakeview is known for its tree-lined streets, strong neighborhood identity, and easy access to shopping, dining, parks, and transit. Vacancy stays low because demand is steady, so there's less downtime between tenants and more confidence in your projections. Whether you're an investor seeking a value-add multifamily or an owner-occupant who wants the other units to help carry the mortgage, 2877 N Clybourn is a flexible opportunity in a neighborhood with lasting demand.
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Listed by Kevin Little, @properties Christie's International Real Estate