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About the Listing 18505 - 880232,1019139
Exceptional turnkey investment opportunity in this beautifully renovated brick graystone featuring three residential units plus a finished basement with additional living space. The building is currently tenant-occupied, providing immediate rental income, while the third-floor unit presents an excellent opportunity for an owner-occupant or can be leased to maximize rental potential. The first and second-floor units each offer 3 bedrooms and 1 spa-inspired bathroom, while the expansive third-floor unit features 4 bedrooms and 1 bathroom. Every residence showcases a modern loft-style design with approximately 9-foot ceilings, gleaming hardwood floors, quartz countertops, updated cabinetry, stainless steel appliances, central heating and air conditioning, and thoughtfully selected contemporary finishes. The bathrooms feature elegant glass-enclosed showers, creating a luxurious feel throughout. The finished basement includes 2 bedrooms, 1 bathroom, tall ceilings, and both front and rear entrances, providing flexible additional living space. This fully rehabbed graystone beautifully preserves its original stone-carved craftsmanship and timeless architectural character while offering today's modern conveniences. Extensive improvements include all new windows, new plumbing and electrical systems, a newer roof, and a tempered glass front entrance door. Separate gas and electric meters for each unit simplify property management and utility billing. Situated on an oversized 5,587-square-foot lot, the property also offers four dedicated parking spaces, providing added convenience for residents and the potential for additional rental income. A coin-operated laundry area in the basement offers an additional income-producing amenity. Whether you're looking to expand your investment portfolio with a strong income-producing asset or searching for a spacious home with built-in rental income potential, this exceptional graystone combines timeless character, outstanding craftsmanship, and modern finishes in a truly move-in-ready property.
Listing Highlights
Status
Active
Days on Site
5
Property Type
Multi-Family
MLS ®
12693425
Year Built
1908
Total Square Footage
0
Lot/Acreage
5587sqft
Interior Details
- Bedrooms: 14
- Bathrooms: 4 Full
- Appliances:
- Air Cond:
- Heating: Natural Gas,Electric
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Finished,Full
- Other:
- Water: Public
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 4
- Lot Dimensions: 5587sqft
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Yes
Financial Details
- Tax Amount: $7,058
- Taxes w/Assessments: N/A
- Tax/Property ID: 16232020090000
- Tax Year: 2024
Payment Calculator
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Questions About..
3533 W 12th Pl Chicago, IL 60623
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