Available Neighborhoods:


 Bucktown - Wicker Park - Logan Square

 Edgewater - Andersonville

 Irving Park - Avondale

 Jefferson Park - Forest Glen

 Lake View

 North Center - Roscoe Village

 Ravenswood - Lincoln Square

708 Melrose Street

Chicago, IL 60657

$899,900

Status:Active

Lake View

Details Pictures Map

 

LOCATION, LOCATION! 3-UNIT APARTMENT BUILDING IN A PRIME EAST LAKEVIEW LOCATION. Located on a beautiful tree-lined street just 2 blocks from the Lakefront and Express Bus Stop to downtown, 3 blocks to the Red, Brown and Purple Line Stop at Belmont and a plethora of coffee shops, restaurants and shopping as well, there couldn''t be a better location in the entire city. Building has great tenants although rents are below market value so there''s a lot of room for improved cash flow with projected yearly market rents of around $78,000 or more without making any improvement and well over $80,000 with cosmetic upgrades. It would make a fantastic property for investor buyers looking to rent and hold in an A+ neighborhood, live-in owners, or redevelopment to a single-family home, new construction or for building out your dream 3BR, 2BTH duplex and having rental income to pay the mortgage. So many possibilities with this property. All units have their own HVAC systems and are separately metered and paying their own gas and electric bills so owner''s costs are minimal. Beautiful, serene and very private backyard with shared paver patio for all to enjoy. Very clean basement offering further storage, and a common laundry room. Mechanicals have been recently updated.

 

 

1240 Roscoe Street

Chicago, IL 60657

$699,000

Status:Active

Lake View

Details Pictures Map

 

Well maintained, all brick investment building on an extra wide Wrigleyville lot. Two 2 bed, 1 bath units in good condition, and potential to finish out the basement. Living rooms are large, with big south facing windows for good light. Kitchens are bright and spacious enough for a table. The roof was replaced in 2018, and windows are Anderson. New paint in the 2nd unit, with long term tenants in the first unit. Forced air furnaces, water heater, and laundry are in the basement.

 

 

1331 Eddy Street

Chicago, IL 60657

$1,275,000

Status:Active

Lake View

Details Pictures Map

 

Wonderful opportunity to own a multi-unit just off Southport. Live in it or rent it all out. Owner currently occupies 1 floor- other 2 units rented until 8/23 & 9/23. Would make a fabulous SFH conversion. Perfect for airbnb with proximity to Southport and Wrigley! Garage parking brings in major income during Cubs season!! Newer garage. Each unit has individual heating unit. Washer/dryer in basement. Close to restaurants, shopping, public transportation & Wrigley Field!

 

 

Copyright 2021 MRED LLC - The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. NOTICE: Many homes contain recording devices, and buyers should be aware that they may be recorded during a showing.

Tim Brent
Leasing - Sales
Licensed Managing Broker
773-491-0792
tim@homes-condos.com
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Baird & Warner Lincoln Park
2526 N Lincoln Ave
Chicago, IL 60614
773-697-5600
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