Description
***RARE FIND IN GREAT NEIGHBORHOOD*** GREAT RENTAL INCOME PROPERTY WITH 7.5+% RETURN IN PRIME LOCATION WITH BONUS DEVELOPMENT OPPORTUNITY **Fully Rented KEEP AS RENTAL INCOME and get 7.5+% Return or Live in 1 unit and have tenants pay your mortgage. This property has a Development opportunity which is rare. Keep for years and sell to a developer or develop yourself. ZONED C1-2 gives multiple development options. Similar to 3054 N Clybourn (Commercial on 1st floor Plus 2 floors Residential Units or Similar to 3046 N Clybourn - 3 Residential units you choose the best option for you. *Option1: Commercial 1st floor for your business or commercial condo and 2 residential units above. **Option 2: similar to 3046 N Clybourn next door valued at $1.7mil (MLS#09077382): 3 Residential Units - Unit 1-5BR, 3Bath 2 level duplex down 3400sqft $670k(2020 sold price), Unit 2-3BR, 2Bath single level 1750sqft 2023 Value $525k, Unit 3-3BR 2Bath w/Private 600sqft 30x20 Rooftop deck 2 level 1800sqft $575k (2022 sold price) . *************************** Fantastic opportunity to own this nice 4-unit building in West Lake View adjacent to Lincoln Park & Roscoe Village! Each unit features hardwood floors, upgraded baths, upgraded kitchen & great floor plan. Additional gated back area for grilling and space for 3 parking spots. Basement brings additional income with rented storage and laundry. GREAT LOCATION, CLOSE TO EVERYTHING. Walking distance to: Costco, Target, Mariano's, Jewel-Osco, Whole Foods, ALDI, Menard's, Home Depot etc. Great fully occupied rental income property, close to shopping and transportation plus bonus development option makes this a great investment!
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6BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
Description
***RARE FIND IN GREAT NEIGHBORHOOD*** GREAT RENTAL INCOME PROPERTY WITH 7.5+% RETURN IN PRIME LOCATION WITH BONUS DEVELOPMENT OPPORTUNITY **Fully Rented KEEP AS RENTAL INCOME and get 7.5+% Return or Live in 1 unit and have tenants pay your mortgage. This property has a Development opportunity which is rare. Keep for years and sell to a developer or develop yourself. ZONED C1-2 gives multiple development options. Similar to 3054 N Clybourn (Commercial on 1st floor Plus 2 floors Residential Units or Similar to 3046 N Clybourn - 3 Residential units you choose the best option for you. *Option1: Commercial 1st floor for your business or commercial condo and 2 residential units above. **Option 2: similar to 3046 N Clybourn next door valued at $1.7mil (MLS#09077382): 3 Residential Units - Unit 1-5BR, 3Bath 2 level duplex down 3400sqft $670k(2020 sold price), Unit 2-3BR, 2Bath single level 1750sqft 2023 Value $525k, Unit 3-3BR 2Bath w/Private 600sqft 30x20 Rooftop deck 2 level 1800sqft $575k (2022 sold price) . *************************** Fantastic opportunity to own this nice 4-unit building in West Lake View adjacent to Lincoln Park & Roscoe Village! Each unit features hardwood floors, upgraded baths, upgraded kitchen & great floor plan. Additional gated back area for grilling and space for 3 parking spots. Basement brings additional income with rented storage and laundry. GREAT LOCATION, CLOSE TO EVERYTHING. Walking distance to: Costco, Target, Mariano's, Jewel-Osco, Whole Foods, ALDI, Menard's, Home Depot etc. Great fully occupied rental income property, close to shopping and transportation plus bonus development option makes this a great investment!
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