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This money-making 3-flat is configured as a 2/1 garden unit, a 1/1.1 first floor simplex and a 3/1 duplex up. The HVAC and hot water heater are +/- 4 years old. Located directly across the street from an elementary school park, 1/2 block to Metra's S. Shore Line, close to shopping and restaurants along Exchange & Commercial Avenues and just a 15 minute ride to Millennium Park's Bean! Sale price includes architectural plans for creating a 3/2 duplex in the 3rd floor. Architect can amend and change plans according to the buyer's preferences. Alternatively, the building can also be de-converted into large 5/3 SFH! Massive $3,500-$4,000 per month cash flow potential! Comps in the immediate area are between $300-$400K. See Broker Private Remarks for a link to stabilized comps. PLEASE NOTE: This property is vacant and requires moderate+ work throughout. It is NOT currently habitable and an experienced handyperson or GC is needed to handle the work.
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office/agent presenting the information. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 27th September, 2023 3:55 PM (UTC)
sources and has not been, and will not be, verified by broker or MRED. MRED 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. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 27th September, 2023 3:55 PM (UTC)
Listing Office: Chicago Real Estate Authority
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