Description
Amazing opportunity to own/develop this large 2.5 story building at the corner of Winchester & Wabansia in the heart of Bucktown surrounded by multi-million dollar homes. The property is built lot line to lot line on an approximately 24' x 80' parcel and flooded with light in all units! The first floor is a large apartment converted from a turn of the century neighborhood corner tavern. The unit boast 11' ceilings, 3 small bedrooms/1.5 baths. Living room is 40 x 19 and kitchen 20 x 11. Rented for $1500. The second floor consists of two 2 bedroom apartments. One is vacant, the other rented for only $640. Needless to say way under market for the area. Full attic and basement. All separate utilities. Roof looks newer and tuck pointing in good shape. Building was passed on from mom to son a while back who literally maintained the property very well and kept it rented way below market. Son recently passed away and family is selling. Yes it does need updating but is very livable "as is" and surrounded by multi-million dollar homes. Property sold in 'as is" condition and this must be initialed in all offers. Steps from entertainment in Bucktown/Wicker Park and equidistant from the Metra/Blue Line Trains and 90/94 highway access points! Don't miss this one!
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7BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
Description
Amazing opportunity to own/develop this large 2.5 story building at the corner of Winchester & Wabansia in the heart of Bucktown surrounded by multi-million dollar homes. The property is built lot line to lot line on an approximately 24' x 80' parcel and flooded with light in all units! The first floor is a large apartment converted from a turn of the century neighborhood corner tavern. The unit boast 11' ceilings, 3 small bedrooms/1.5 baths. Living room is 40 x 19 and kitchen 20 x 11. Rented for $1500. The second floor consists of two 2 bedroom apartments. One is vacant, the other rented for only $640. Needless to say way under market for the area. Full attic and basement. All separate utilities. Roof looks newer and tuck pointing in good shape. Building was passed on from mom to son a while back who literally maintained the property very well and kept it rented way below market. Son recently passed away and family is selling. Yes it does need updating but is very livable "as is" and surrounded by multi-million dollar homes. Property sold in 'as is" condition and this must be initialed in all offers. Steps from entertainment in Bucktown/Wicker Park and equidistant from the Metra/Blue Line Trains and 90/94 highway access points! Don't miss this one!
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