** 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… Read More 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. Read Less
Courtesy of @properties Christie's International Real Estate [email protected]
Listing Snapshot
Days Online
12
Last Updated
Property Type
Two To Four Units
Beds
5
Lot Size
0.08 Acres
Year Built
1921
MLS Number
12676395
Thank you for reaching out! I will be able to read this shortly and get ahold of you so we can chat.
IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Confirm your time
Fill in your details and we will contact you to confirm a time.
or message me directly
Find My Dream Home
Put an experts eye on your home search! You’ll receive personalized matches of results delivered direct to you.
Import This Listing
Import Completed
To view your listing, click one of the options below.