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Listed by Tatianna Barnettof Keller Williams Preferred Rlty
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Est. payment | /mo
5 Beds
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Est. payment | /mo
5 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12772324
Bedrooms 5
Year Built 1917
Annual Tax Amount $2,540
Tax Year 2023
Lot Dimensions 25x125
Property Sub-Type Two to Four Units
Property Description
ATTENTION INVESTORS, REHABBERS & FHA 203(k) BUYERS! Bring your vision and unlock the potential in this prime all brick two-unit building in North Lawndale! This gem offers spacious floor plans, generously sized rooms, as well as an excellent opportunity to renovate, customize, and build equity. Currently configured with a total of 4 bedrooms and 2 bathrooms, this property offers the space and flexibility to potentially be reconfigured into an impressive 6-bedroom, 2-bathroom two-flat. The bedrooms are exceptionally spacious and can easily accommodate king-size beds with additional bedroom furniture, a feature that can be difficult to find in traditional Chicago multifamily properties. Each unit offers an open and functional floor plan with separate living and dining areas, providing plenty of room to create modern, comfortable living spaces. Whether your vision is a stylish owner-occupied property, income-producing rental, or a long-term addition to your investment portfolio, the generous room sizes provide an excellent foundation for renovation. The exterior offers includes an oversized lot and two car garage for privacy! Buyers willing to put in some sweat equity have the opportunity to transform this gem into an affordable spacious multifamily home with opportunity to collect rent. Just 12 minutes to downtown Chicago, the Chicago Medical District, and Fulton Market this property sits just a short distance to the heart of employment opportunities, shopping, night life and culture the city is known for! The property is also within close proximity to the exciting new development planned around the United Center, including The 1901 Project-a transformative, multi-phase redevelopment envisioned to bring new residential, retail, entertainment, hospitality, public green space, and community-focused development to Chicago's West Side. Max potential to build equity, obtain an affordable mortgage, as well as secure a multifamily investment in a growing area with planned redevelopment . Bring your contractor and start creating your vision!
Location
State IL
County Cook
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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