This property is truly turnkey, both the physical building itself and the 3-unit rental business it provides. All units were fully renovated, typically get rented within a few days of listing, and are currently rented below market, so rents can easily be raised and still be competitive. For those looking to owner-occupy, FL 1 would be ideal as it’s the largest unit and allows for a flexible move-in since the lease is month-to-month with a 60-day notice to vacate. Large two-car garage can be rented for additional income as well. The building has been extremely well cared for by responsible owners. The rental units have been effortlessly managed using Avail landlord software to handle the rental listings, tenant background checks, leases, and rent collection. Located on a quiet, tree- lined and one-way street in a great North Side neighborhood. Amazing fenced-in backyard with turf and patio, currently accommodating grills, firepit, table/seating, and plenty of extra space. Walking distance to Brown Line, Western and Irving Park bus stops, Walgreens, CVS, Coonley Elementary, many parks, restaurants, and nightlife. Just under a mile to Trader Joe s, 2.3 miles to Lakefront Trail, and 2.6 miles to Kennedy Expressway.
Basic Details
Status : Active
Property Type : Residential Income
Style Of House : Traditional
Listing Type :
Listing ID : 1971383
Price : $814,900
Bedrooms : 5
Year Built : 1903
Lot Area : 0.07 Acre
Country : US
State : IL
County : Cook
City : CHICAGO
Zipcode : 60618
Water : Public, Lake michigan
Features
Basement : Walkout, Partial
Parking : Garage
Equipment : Co detectors, Ceiling Fan(s)
Exterior Property Features : Patio
Heat/Fuel : Forced air, Indv controls, Natural Gas