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About the Listing 84025 - 874091,45050
** MULTIPLE OFFERS RECEIVED! HIGHEST & BEST DUE BY 6:PM TOMORROW, MONDAY, JUNE 29 ** ATTENTION INVESTORS & OWNER OCCUPANTS! Outstanding opportunity to acquire a classic Chicago brick two-flat with tremendous upside potential on a WONDERFUL BLOCK in the heart of fantastic Belmont Cragin. Offered for the first time in many years, this well-maintained property features two spacious 2-bedroom, 1-bath apartments plus an additional 1 bed, 1 bath garden unit, creating excellent income-producing potential. The 1st and 2nd floor units retain much of their original Chicago charm, including beautiful hardwood floors, decorative fireplaces with original mantel, and rich vintage woodwork. The building has been well cared for over the years, offering solid mechanicals and a strong foundation for future improvements and increased rental income. Additional features include a 2 CAR GARAGE, common LAUNDRY FACILITIES, basement storage space, and a PRIVATE BACKYARD for tenants to enjoy. The garden unit is currently vacant and current rents are SIGNIFICANTLY BELOW MARKET, creating a compelling VALUE ADD OPPORTUNITY for investors seeking future income growth. The month-to-month status of the tenants further enhance flexibility for future plans. With strong rental demand throughout the neighborhood, this property represents an exceptional OPPORTUNITY TO BUILD EQUITY AND MAXIMIZE RETURNS. Whether you're looking to expand your investment portfolio or occupy one unit while generating rental income from the others, this classic Chicago multi-unit offers character, cash flow, and SUBSTANTIAL UPSIDE in a super-desirable Northwest Side location right off of Milwaukee Ave! Owner and Broker make no representations or warranties regarding the legal status, zoning compliance, or code compliance of the garden unit.
Listing Highlights
Status
Pending
Days on Site
23
Property Type
Multi-Family
MLS ®
12676395
Year Built
1921
Total Square Footage
0
Lot/Acreage
0.08
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Steam
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Partially Finished,Full
- Other:
- Water: Lake Michigan
Exterior Details
- Garage Capacity: 2 car
- Parking Spaces: 2
- Lot Dimensions: 30x126
- Zoning: SINGL
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes,Garage Owned,Detached,Garage
Financial Details
- Tax Amount: $9,878
- Taxes w/Assessments: N/A
- Tax/Property ID: 13224110610000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
Listing 12676395 Chicago, IL 60641
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