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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