Description
Here we have a solid income generating all brick LEGAL 3 flat in a prime West Town / Ukrainian Village location. With strong rental income, this is a great option for an investor but also would make a wonderful owner occupied building. These oversized apartments are longer and wider than your typical Chicago flat, offering signifcantly more functional living space. In 2022 this building was comprehensively updated with modern mechanical systems, including central HVAC (all American Standard high efficiency), modern plumbing (including tankless water heaters), updated electric, and mostly new windows. The first level apartment is an all-new 3 bed, 2 bath soft-loft style apartment with an ensuite bed/bath combo. The second level apartment is fully renovated and very spacious with 2 bedrooms (queen+), 1 bath, a den / bedroom, and a large living room and dining room. The top floor is a one-of-a-kind restored retro apartment with modern mechanicals but unique vintage fixtures and finishes (such as a subzero fridge, jenn-aire range, and kitchen aid dishwasher, all in good working order), which has been a very successful airbnb rental (4.9 star superhost unit). This retro apartment could also be owner occupied, rented long-term furnished, or easily updated as a modern apartment. There's a large patio area to the rear and a solid masonry two car garage, all secured. This is a great opportunity to own a solid, turnkey building in the heart of West Town with all the amenities of Grand, Chicago, and Division Streets an easy walk away. Stabilized rents and no major capital expenditures on the horizon make this great for an investor or owner-occupant. This building is agent owned. Listing agent has ownership interest.
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8BEDS
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0.04ACRES
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0BATHS
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01/2 BATHS
Description
Here we have a solid income generating all brick LEGAL 3 flat in a prime West Town / Ukrainian Village location. With strong rental income, this is a great option for an investor but also would make a wonderful owner occupied building. These oversized apartments are longer and wider than your typical Chicago flat, offering signifcantly more functional living space. In 2022 this building was comprehensively updated with modern mechanical systems, including central HVAC (all American Standard high efficiency), modern plumbing (including tankless water heaters), updated electric, and mostly new windows. The first level apartment is an all-new 3 bed, 2 bath soft-loft style apartment with an ensuite bed/bath combo. The second level apartment is fully renovated and very spacious with 2 bedrooms (queen+), 1 bath, a den / bedroom, and a large living room and dining room. The top floor is a one-of-a-kind restored retro apartment with modern mechanicals but unique vintage fixtures and finishes (such as a subzero fridge, jenn-aire range, and kitchen aid dishwasher, all in good working order), which has been a very successful airbnb rental (4.9 star superhost unit). This retro apartment could also be owner occupied, rented long-term furnished, or easily updated as a modern apartment. There's a large patio area to the rear and a solid masonry two car garage, all secured. This is a great opportunity to own a solid, turnkey building in the heart of West Town with all the amenities of Grand, Chicago, and Division Streets an easy walk away. Stabilized rents and no major capital expenditures on the horizon make this great for an investor or owner-occupant. This building is agent owned. Listing agent has ownership interest.
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