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About the Listing 87120 - 874174
Well-located legal 3-flat with four (4) 2BR/1BA units plus a separately leased private garage, offering immediate income with strong long-term upside. Situated just one block from The 606 and a short walk to the CTA Western Blue Line, with easy access to I-90/94-this is a highly desirable rental corridor with consistent tenant demand. All units feature functional, spacious layouts and are well-positioned for rent growth through light cosmetic updates. Rents are currently below market, presenting a clear value-add opportunity for investors seeking to increase cash flow. The property includes an upgraded, expansive, light-filled owner's unit, ideal for an owner-occupant or premium rental. Additional income is generated from a privately leased garage at above-market rent, further enhancing overall returns. Excellent opportunity to acquire a stable asset in a prime West Town/Logan Square adjacent location with both in-place income and future upside.
Listing Highlights
Status
Active
Days on Site
15
Property Type
Multi-Family
MLS ®
12562637
Year Built
1890
Total Square Footage
0
Lot/Acreage
25X125
Interior Details
- Bedrooms: 8
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 25X125
- Zoning: MULTI
- Roof:
- Others:
- Sewer: Other
- Parking Features: Yes,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $12,103
- Taxes w/Assessments: N/A
- Tax/Property ID: 13364190220000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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- in Taxes
Years
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Questions About..
1707 N Washtenaw Ave Chicago, IL 60647
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