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$1,199,000
4 Beds 4 Baths 12255828 MLS CLOSED Status
Looking for a Fully restored Greystone in the heart of Logan Square? Well you can call off the search as this gut rehabbed 4 bed / 3.5 bath Logan Square gem is sure to be the one for you. As you enter through the front door you are sure to be wowed by the sun filled open floor plan. The main floor consists of the formal living room with fireplace, dining room, powder room, and gorgeous kitchen featuring high end appliances and oversized island for all your entertaining needs. As you walk up to the second floor you will be greeted by three generously sized bedrooms and two full bathrooms. The primary suite features 2 walk in closet, electrical fireplace, and a spa like bathroom. No need to carry your laundry basket up and down the stairs as the laundry room is conveniently located on the second floor. Need more bedrooms? Head down to the basement where you will find a fourth bedroom along with another full bathroom and a rec room complete with a wet bar and an additional laundry hook up. Walking distance to everything Logan Square has to offer. What more can I say other than welcome home!

2624 N Monticello Avenue, Chicago

$985,000
5 Beds 2 Baths 12218262 MLS CLOSED Status
This amazing Greystone 2-flat, located on an EXTRA-WIDE 30 x 125 lot, includes a newer 2-car garage and sits on one of the most sought-after streets in Wrigleyville, in the heart of the Southport Corridor. Zoned R3.5, this meticulously maintained property showcases refinished hardwood floors, charming vintage details, and thoughtful updates throughout. The first-floor unit features a spacious 2-bedroom, 1-bathroom layout with a living room, separate formal dining room, full bath, kitchen with a built-in butler pantry, and an in-unit washer and dryer. The second-floor unit offers a 3-bedroom, 1-bathroom floor plan with a large living room, a formal dining room, a kitchen, and an in-unit washer and dryer. Additional highlights include central HVAC, a rear deck, a backyard, and a 2-car garage. Recent improvements include new washers and dryers in both units, tuck-pointing of the building facade in 2023, and the installation of clean-out access. The unfinished garden unit offers 1 bedroom and is plumbed for a kitchen and bath, providing potential for additional space. This easy-to-rent property is conveniently located near CTA Red, Brown, and Purple Lines, multiple bus routes, Lake Shore Drive, Wrigley Field, Belmont Harbor, Whole Foods, and the incredible shops, restaurants, and recreational activities that Wrigleyville and the Southport Corridor are known for. Don't miss this exceptional opportunity!

1243 W Newport Avenue, Chicago

$1,200,000
3 Beds 4 Baths 12174177 MLS CLOSED Status
Discover the epitome of refined urban living in this impressive 4-bedroom, 3.5-bathroom stately modern greystone home, boasting a sophisticated limestone facade and full brick exterior. Spanning an expansive 4,200 square feet, this home seamlessly blends classic elegance with modern amenities tucked away on one of the most coveted streets in Ukrainian Village. As you enter through the welcoming foyer, you are greeted by the expansive living room featuring a wood burning fireplace, creating a cozy ambiance for relaxation. Adjacent and open to the living area is the elegant dining room with a dramatic two-story ceiling, perfect for hosting grand gatherings. The kitchen is a chef's dream, complete with ample cabinet storage and full pantry and opens to a family room offering a seamless flow for entertaining. Retreat to the primary suite, which boasts a spacious walk-in closet and an en-suite bathroom with double vanity, full walk-in shower and new soaking tub with new tile surround. The well-lit, large basement is a versatile space with good ceiling height and an abundance of natural light. It features new carpet, a full bathroom and a soundproof bedroom ideal for a music studio or virtual meetings, and a full bar complete with a separate beverage fridge, wine fridge, and sink. This level also walks out to a sunken patio, perfect for outdoor seating or a play area. Step outside to the newly finished rooftop deck with composite decking, offering stunning skyline views. Additionally, enjoy the rear balcony and a private front yard. The home also includes a 2-car garage with ceiling storage. This remarkable home offers unparalleled luxury and convenience in one of Chicago's most sought-after neighborhoods close proximity to Mariano's and Michelin rated restaurants like Kasama and All Together Now. Also located in the highly rated Mitchell School District. Don't miss the opportunity to make 2134 West Huron Street your new address. Contact us today for a private showing!

2134 W Huron Street, Chicago

$910,000
6 Beds 3 Baths 12209210 MLS CLOSED Status
Renovated and stunning Logan Square legal 2 unit greystone with guest suite in basement bringing in close to $70K in income each year. Oversize lot with 2 car parking garage and large back yard. Renovated units feature shaker kitchens, tile backsplashes, full stainless appliance packages with dishwashers and microwaves (all new in past 5 years), central air and gas forced heat throughout (with all newer systems past few years), and washer/dryer in-unit on top floor and free washer/dryer in basement for other units plus additional bldg storage in basement. Beautiful hardwood floors throughout units 1 and 2 and laminate floors in bright basement. Recessed lighting, bright and airy units and fully remodeled bathrooms with new showers, vanities and toilets with mod finishes. Unit 1 lease sends March 2025. Unit 2 is month to month (and way under market rents.) Garden is month to month. Parking can be rented as well. Enclosed rear staircase for additional unit storage. 2 hot water tanks. 606 Trail and Armitage Ave are right outside the front door.

1838 N Whipple Street, Chicago

$1,550,000
9 Beds 5 Baths 12220064 MLS CLOSED Status
This multi-family property offers an unbeatable combination of space, location, and investment potential. Whether you're looking for a spacious family home with income-generating possibilities or a pure investment opportunity, this property deserves your serious consideration. Don't miss out on the chance to own a trophy property in one of the most sought-after neighborhoods. Schedule your viewing today and prepare to fall in love with your new home or investment property! Boasting an impressive 3,972 square feet of living space on a 33 x 133 lot, this legal 4-unit property has an annual gross income of $134,460 a year. RM-4.5 zoning potentially allows for expansion opportunities in this prime location. The owner has lovingly restored and maintained the vintage character of this timeless Greystone while making modern updates. With its multiple bedrooms and bathrooms, this multi-family home presents an excellent opportunity for generating rental income and never has a vacancy. The Lakeview area is highly sought-after by young professionals, students, and families alike, ensuring a steady stream of potential tenants. Whether you choose to live in one unit and rent out the others or utilize the entire property as a rental, the possibilities for creating a lucrative income stream are substantial. Unit 1F is a 3-bedroom duplex down with 2 bathrooms currently rented for $4,590. It features 1 bedroom on the main floor with 10-foot ceilings and original woodwork with inlay floors and restored iron glass in the living room. The expansive renovated kitchen features endless quartz counters and built-in pantry and updated bathroom. The lower level has 7'8 foot ceilings and features two additional bedrooms including a large master bedroom with walk in closet. The large, updated bathroom has heated floors and includes in unit laundry. Unit 1R is a 2-bedroom apartment with 1 bathroom and long term tenants currently rented for $1,975. Unit 2F is a 2-bedroom apartment with 1 bathroom with long term tenants currently rented for $1,950. Unit 2R is a 2-bedroom apartment with 1 bathroom and an updated kitchen and bathroom that is currently rented for $2,690. All units have 10-foot ceilings with inlay floors and restored original woodwork. Step outside into the amazing backyard oasis featuring mature greenery and a paver patio with a firepit and multiple seating arrangements. The landlocked lot offers a quaint and private outdoor space that is serene and makes you forget you are in the center of a bustling city. All units are rented until spring/summer 2025 and the seller is willing to consider a lease buyout to allow for an owner-occupied buyer. There is a huge opportunity to increase rents by $700-$800 in two of the units by performing cosmetic updates. Potential expansion opportunity in the basement as over half of it is currently used for utilities and tenant storage rooms and it has a ceiling height of 7'8. Updated plumbing and flood control system installed 3 years ago. Common laundry for the remaining three units is located in the basement and leased out. Each unit has its own gas and electric meter with HVAC and the owner pays for common service which includes one hot water heater for all units. One of the most alluring aspects of this property is its prime location. Situated in the bustling Lakeview neighborhood, residents will find themselves at the epicenter of Chicago's dynamic urban lifestyle. The area is renowned for its eclectic mix of trendy boutiques, diverse dining options, award winning schools, and lively entertainment venues. Whether you're in the mood for a quiet coffee shop or a night out on the town, you'll find it all just steps from your front door. Imagine starting your day with a refreshing jog along the lakefront or enjoying a picnic in one of the many nearby parks. Located just a short stroll away is the Belmont CTA as well as the express buses on LSD. Schedule your showing today!

709 W Roscoe Street, Chicago

$630,000
6 Beds 2 Baths 12214178 MLS CLOSED Status
Gorgeous, Sunny Humboldt Park Greystone 2-Flat. Renovated in 2019, each unit has 3 bedrooms with 1 bath and features spacious open living and dining rooms with high ceilings and hardwood floors. Beautiful modern kitchens feature all white cabinetry accented with open natural wood shelving, textured backsplash with quartz countertops, functional island for expanded storage, stainless steel appliances and an adjacent fully equipped laundry room. The same mod design is carried into the baths styled with black fixtures including huge, rainfall shower heads and vintage cement floor tile. Newly finished, enclosed porches offer meaningful extra space. French door leads to back deck overlooking a wonderful flagstone-paved patio perfect for entertaining. Large 2-car garage and full, unfinished basement offers tons of additional storage and possibilities. Walking distance to the beauty of Humboldt Park and convenient to all the city has to offer! Potential rental $2,500 per unit or convert to amazing single family. New roof, windows, plumbing, electrical and HVAC in 2019. Nothing to do but move in and enjoy. Welcome home!

3306 W Potomac Avenue, Chicago

$510,000
2 Beds 2 Baths 12214238 MLS CLOSED Status
This oversized 2-bedroom, 2-bath condo in a historic Greystone seamlessly blends historic details with modern updates. The spacious, extra-wide floor plan boasts windows that flood the space with natural light, 10-foot ceilings, and beautifully preserved original millwork. Throughout the home, 7" wide plank white oak flooring adds warmth and elegance. The recently renovated white kitchen offers ample storage, stainless steel appliances, and sleek Carrera quartz countertops - right next to the oversized dedicated dining area. A wood-burning fireplace, framed by built-in bookshelves, creates a cozy focal point in the picturesque living room. The primary suite features a large walk-in closet and an updated en-suite bath. Both bathrooms are updated with sleek contemporary finishes. Enjoy abundant storage throughout, including a separate laundry room with full-size side-by-side washer and dryer. A spacious rear patio provides the perfect spot for outdoor relaxation, and one gated exterior parking space is included for your convenience. Located just seconds from Wicker Park's vibrant restaurants, boutiques, and public transit, this condo offers the perfect blend of urban convenience and modern residential comfort.

1143 N Damen Avenue Unit #1, Chicago

$875,000
4 Beds 4 Baths 12213766 MLS CLOSED Status
Beautifully restored oversized greystone with a two-story addition just steps to Bessie Coleman Park and the best of Hyde Park. This exquisitely renovated Greystone, nestled on a peaceful tree-lined street located in the heart of the University of Chicago with all the modern finishes you desire: open concept kitchen, recessed LED lights, up-lighting, hardwood floors throughout, steel balusters, window sills, and casing and pendant lighting. This stunning residence boasts four bedrooms, 3.1 bathrooms, and a multipurpose room blending historic charm with modern luxury. The first floor opens up to a large living, dining room, and parlor with an open kitchen featuring white shaker cabinets with pantry cabinet and glass backsplash; stainless steel appliances: range, microwave, chef's hood, and french door refrigerator; and large island for four. The second floor features four generous bedrooms, including the large master suite, which is a private retreat with dual closets and a primary en-suite. The fully finished lower level offers a full bathroom, laundry, storage, and a versatile recreation room, perfect for entertaining guests. Step out your back door to a rear deck with a pergola, backyard, and two-car garage with storage. Don't miss the opportunity to experience a historic facade and features with contemporary layout and design.

5344 S Drexel Avenue, Chicago

$395,000
2 Beds 2 Baths 12204040 MLS CLOSED Status
Discover this stunning 2 bed, 2 bath condo in a classic Chicago Greystone! The spacious living room is filled with natural light and features a cozy, gas-lit fireplace. The open-concept kitchen includes white cabinetry, stainless steel appliances, and a center island that flows into the dining area, perfect for entertaining. The master suite offers a large walk-in closet and an en-suite bath with a beautifully tiled shower. The split-bedroom layout provides privacy, with a second bedroom and full hallway bath nearby. Step onto the back deck overlooking a serene common courtyard with a firepit and mature trees. Enjoy hardwood floors in the living and kitchen areas, soaring 10-foot ceilings, deeded garage parking, and in-unit laundry. All this in a prime location near the CTA Red Line, bus routes, the lakefront, dining, coffee shops, and more.

5248 N Winthrop Avenue Unit #3N, Chicago

$1,350,000
6 Beds 4 Baths 12206285 MLS CLOSED Status
Lakeview-Southport Corridor is the setting for this gorgeous greystone. This gem of a property consists of two spacious units, each with three bedrooms and two full baths, plus a large high basement. The home has been meticulously cared for by its long time owners. The property has many upgrades that include remodeling and renovations that are a homage to its vintage past while providing for must have modern amenities. This includes updated plumbing, electricity, newer roof, bathrooms, kitchens, windows, facade and interior restoration, patio, perennial garden, and much more. The first floor has been previously rented as a furnished/ airbnb rental and is available with most of the furnishings. The furnishings are negotiable. All this plus beautiful grounds and a two car garage with a 240 volt EV charging outlet. See list under additional information for more details. Hurry !!!

1246 W Newport Avenue, Chicago

$550,000
6 Beds 6 Baths 12189465 MLS CLOSED Status
Welcome to this beautifully renovated Greystone 3-flat, with a full unfinished basement, where historic charm meets modern convenience. Each well-planned, above-grade unit offers two bedrooms and two full bathrooms, including one ensuite. This full gut renovation spares no detail: all-new HVAC, plumbing, hot water tanks, and electrical, chic bathrooms, stylish kitchens with stainless steel appliances and quartz countertops, and convenient new in-unit stackable washer & dryer. This worry-free property has new water service, porches/decks, and a shared-space concrete patio with an elevated parking pad for three vehicles. The tasteful, neutral decor makes this space inviting and versatile, ready for a discerning owner-occupant and or investors. Conveniently located, this property offers easy access to I-290, CTA buses, and an array of local services along Roosevelt Road, with Douglas Park just three blocks away. Don't miss the chance to own a solid, timeless investment in a high-demand area. Call today to schedule your private tour!

1232 S Sawyer Avenue, Chicago

$650,000
9 Beds 3 Baths 12194229 MLS CLOSED Status
Stunning Historic Greystone 3-Unit in Bronzeville - A Rare Investment Opportunity or the Perfect Place to Call Home/Invest. Prairie Ave in the heart of Chicago's iconic Bronzeville neighborhood, this beautifully maintained and updated historic greystone offers both charm and modern convenience. The property features three spacious units, with a 3 bed- 1 bath layout for all of the units, with potential for a 4th unit in the basement. Recently updated, this property has been meticulously cared for, ensuring long-term durability. All three units have updated kitchens with new cabinets and stone countertops. Please see the additional docs for a full list of building updates. Whether you're an investor seeking a lucrative opportunity with strong rental potential or someone looking to own a piece of history, this greystone is a rare find. With its prime location, thoughtful updates, and historic charm, it's not just an investment-it's a home waiting for its next chapter. Don't miss your chance to add this Bronzeville gem to your portfolio or settle into one of Chicago's most sought-after neighborhoods.

4437 S Prairie Avenue, Chicago

$3,190,000
4 Beds 5 Baths 12122033 MLS CLOSED Status
Welcome to 2711 Logan, a timeless greystone in an incomparable Logan Boulevard location. Sitting on more than 3 city lots of fully enclosed immaculate grounds, it must be toured to be fully appreciated. With a gated driveway entering off the inner boulevard and a majestic facade, every aspect of this property is remarkable. Soaring ceiling heights and large window openings allow natural light to permeate the home. The floorplan features 6 bedrooms and 4.5 bathrooms. Classic Chicago charm pervades the home starting with a mosaic tile & marble entry and a foyer with a beautiful staircase. The room sequence is familiar and flexible, with large rooms and delineation between spaces allowing for the formal and informal alike. The main floor is filled with noteworthy details: a beautiful wood burning fireplace centered in the living room, a turret with seating to overlook the yard, a dramatic dining room with a spectacular butler's pantry, and an expansive eat-in kitchen and family room leading to a covered outdoor terrace. The primary suite is special: spacious and bright with a wood burning fireplace, separate sitting area, and a balcony overlooking Logan Boulevard. The primary closets are large and beautifully built out with a dressing area. The stunning bathroom includes a soaking tub, luxurious shower, double vanity and separate makeup counter. There are three more bedrooms on the second level with the rear bedrooms stepping out onto a private roofdeck. The basement features heated epoxy floors throughout. A large family room with a wet bar, two additional bedrooms, extra laundry, storage, and a dog-washing station complete the lower level. The heated driveway leads to a 2 car brick garage. This blend of indoor and outdoor living on your own estate can't be found anywhere else in Logan. A wonderful location; with easy highway access and walkable retail, dining, and shopping.

2711 W Logan Boulevard, Chicago

$365,000
8 Beds 3 Baths 12155617 MLS CLOSED Status
Great opportunity to own this lovely Greystone in West Woodlawn. Investors or Owner Occupants will appreciate all that this property has to offer. Property was fully updated in 2012 and has been very well maintained and further updated throughout! Updated infrastructure includes..plumbing, separate HVAC, and Electric. Beautiful hardwood flooring throughout and the high ceilings with recessed lighting offers a beautiful ambiance. The 1st floor was previously duplexed to the finished basement. Basement has now been sealed and separated from the 1st fl unit and with the basement having its own Ingress/Egress, and being completely finished with 3 bedrooms and a full bath, it is an easy convert to an in-law garden apartment or could be legally zoned to a 3 unit. It could also be easily reconverted to a duplexed unit for a great owner occupied unit! There is a large 2 car garage, and appealing decks for each unit. Property currently is leased month-to-month for easy possession for owner occupant after closing or rent modifications. Current rents are well below market.

6609 S Marquette Road, Chicago

$275,000
5 Beds 2 Baths 12197923 MLS CLOSED Status
DESIRABLE WOODLAWN GREYSTONE 2-FLAT! Investors or First-Time Buyers this is a MUST SEE!! Partially renovated, first floor unit is gutted and ready for your ideas. Second Floor Unit is MOVE-IN Ready, has 3 bedrooms & 1 bathroom. Both units feature a spacious layout and natural hardwood floors. The basement is unfinished with lots of potential. Each unit has individual utilities, ready for your renters. There is also a fully fenced in backyard with a detached 2 car garage. UPDATES: Roof replaced 2024, New Furnaces for Unit 1 and 2, New Hot Water Tanks for Units 1 and 2, Electricity updated and functioning throughout both units, Plumbing updated and functioning throughout both units! Obama Center and University Improvements near by. Pre-Approved Conventional, 203k Rehab or Cash buyers ONLY! MOTIVATED SELLER, SOLD AS-IS.

6530 S Rhodes Avenue, Chicago

$470,000
12 Beds 3 Baths 12158371 MLS CLOSED Status
Attention Investors and Owner-Occupants! This beautiful Greystone 2-Flat w/ a bonus Luxury Garden Unit in North Lawndale is a rare turnkey cash-flow opportunity that won't last! With over 3,500 sq. ft. of living space, this property allows you to live for free while generating substantial rental income. 90% of the improvements have been completed, only 10% remaining! The two main Units each feature four spacious bedrooms and one bathroom, while the sizable Garden Unit boasts four bedrooms, 1 full bathroom, 7ft+ ceilings, and modern updates throughout! All Units offer luxury vinyl flooring, recessed lighting, stainless steel appliances, and updated kitchens with white shaker cabinets. Unit 1 and the Garden Unit have freshly updated bathrooms and are vacant, move-in ready with fresh paint and contemporary finishes. Unit 2 is occupied by a long-standing CHA tenant with a four-bedroom voucher, renting well below market, presenting an immediate rent increase opportunity in 2025. This property is perfect for house-hackers: live in the Garden Unit while renting out the other two. Comparable rents for four-bedroom units in the area reach up to $2,200/month, with Unit 2 capable of yielding $2,000+ with a rent adjustment. With a potential gross income of $6,400 per month, far exceeding the estimated $3,400 for mortgage, taxes, and insurance at a 7% interest rate, you'll enjoy positive cash flow while living mortgage-free! Additional highlights include forced heat, separated utilities, and new water tanks and furnaces in each unit! The fully fenced backyard offers privacy and space for tenant enjoyment or personal use. Located in the rapidly appreciating North Lawndale neighborhood, minutes from I-290, parks, shopping, dining, and public transit, this property is surrounded by growth and opportunity. Comparable properties are selling for upwards of $573,000, and the strong rental market ensures high demand. Don't miss out on this chance to live mortgage-free while building equity. Schedule your showing today!

3528 W 12Th Place, Chicago

$879,000
5 Beds 3 Baths 12195913 MLS CLOSED Status
Gorgeous Greystone in Graceland West/Southport corridor area. Fantastic updated units throughout. All units have their own W/D. 1st and 2nd floor's in unit. Gas forced HVAC. Both over 1500 sq feet. Expansive Bright 1st floor features LR, DR and FR open to the large kitchen with SS appliances, granite counter tops and updated cabinets. Large primary BR has adjacent den for office/peloton,fab dressing room or nursery. 2nd floor features front office adjacent to LR with brick decorative FP and open to either DR/FR with large kitchen open to DR/FR flexible space. Generous bedrooms with ample closet space. Laundry is off of the kitchen with utility sink and mudroom area. Huge storage in basement. Garden is vacant and would make a fabulous in-law arrangement or duplex down from 1st floor. Also has access to coin operated washer and dryer. Back yard boasts patio and cute area for entertaining thanks to the larger lot. 2 car garage. Roof was tear off 2012. Stones throw to Southport and all the shops and restaurants. Blaine Elementary. Easy street parking for guests. Owner has 60 day kick out and RENTS are well below market! Should be more like 2500-2800 and 2800-3200 Both units are over 1500 sq feet, see floor plans and 360 tour for layout and flow. Owner holds last month's rent. Too many updates to list here see additional info. Expenses are listed as well. ADU zoning NORTH

1460 W Irving Park Road, Chicago

$1,825,000
4 Beds 5 Baths 12194982 MLS CLOSED Status
Premier location SOUTHPORT + ADDISON. Situated on a gorgeous block of greystones! BLAINE School District! Gorgeous Greystone 3 flat exterior converted to a large single family home (5000 sq ft) on a 30 ft wide lot. 4 bedrooms and 4 1/2 bathrooms. Large rooms, flooded with light! Multiple offices, hang out rooms, rec room, laundry room, etc- flexible floorplan! Large primary suite takes up 1/2 of the 3rd level with 2 walk in closets, large beautiful primary bathroom, sunroom and walk-out outdoor space- flooded with light! High end "de Giulio" kitchen with high end appliances, 2 ovens and refrigerated drawers! Three fireplaces- one on each upper floor! Lots of outdoor spaces on every level! Beautiful landscaped yard. Deck off Kitchen. Amazing huge deck off of the 2nd floor! Outdoor space off of the 3rd floor primary suite. Two car masonry garage. Short stroll to Red Line or Brown Line. Short walk to all the stores and restaurants at the EPICENTER of the SOUTHPORT CORRIDOR. There is a Sacred Heart School Bus stop on Southport and it is a short stroll to Bernard Zell School. Two block walk to BLAINE SCHOOL! Move in condition. An amazing deal for one lucky buyer!

3625 N Magnolia Avenue, Chicago

$1,060,000
5 Beds 2 Baths 12192338 MLS CLOSED Status
Classic Chicago Greystone, located on one of the premiere blocks in Logan Square. This beautiful 2 unit building sits on a 32' lot with a perfect blend of new and vintage charm. One block off of the boulevard and walkable to all the things that make Logan Square amazing. Stunning duplex owners unit features 2024 kitchen with shaker cabinets, quartz counter tops, custom tile backsplash, under mounted lighting and built in butlers pantry. Basement features 8' ceilings with tons of light and carpet and LVT flooring throughout. The second floor unit is flooded with natural light highlighted by an extra wide living room with gas fire place and stunning site lines. This unit features hardwood floors throughout, updated bathroom, in unit laundry and large kitchen with island, Kraftmaid cabinetry and 2 spacious bedrooms. Both units feature original hutches, large bedrooms, newer windows throughout, updated electrical, plumbing and lighting. Gorgeous fenced in backyard with pavers, fire pit and raised bed planter and new 2 car garage.

2719 N Francisco Avenue, Chicago

$1,500,000
9 Beds 6 Baths 12188936 MLS CLOSED Status
Stunning Rehabbed Greystone 3-flat + tall basement on a quiet 1-way street steps from Wrigley Field & Halsted! Great investment or perfect for a live-in owner. Exceptional income and 2 of the 3 units have been tastefully rehabbed including 2 newer kitchens with modern, flat-panel & shaker-style cabinets, granite countertops & stainless-steel appliances, and newer baths. ALL 3 UNITS HAVE 3 BEDROOMS, IN-UNIT LAUNDRY, GFA w/ CENTRAL-AIR CONDITIONING & 2 BATHROOMS, Large formal living room & dining rooms with Hardwood Floors throughout. All New Windows in 2011, newer Mechanicals (newer plumbing supply, some new electric, etc) & more! VERY Tall Basement and GENEROUS RM-5 ZONING (FAR = FLOOR AREA RATION OF 2.0) will allow for further income by expanding up (for a large duplex-up apartment) and/or down into the tall basement for a 4th, legal apartment OR combine with the first-floor unit to create a very large duplex-down unit! A unique side & back alley allows for 4 full exterior parking spots (with room to expand for a 5th parking spot) all 4 are currently rented through Spot-Hero with an outstanding annual income of $23K! (each spot averages $479 per month per spot). Excellent location with a short walk to Wrigley Field and steps from all the Wrigleyville & Lakeview amenities on Halsted & Clark including great area restaurants, coffeehouses, shopping, nightlife, parks, lakefront, EL stop, schools & more! - Top Floor/UNIT #3; 3-bed/1.5-bath (can easily add a shower for 2nd full bath) - lease exp 7/31/25 @ $2,990 per month...UNIT #2; 2-bed/2-bath and was just rented @ $3,200 per month ...UNIT #1; 3-bed/2-bath (lease exp 7/31/25 @ $2,670 per month). 4 gas meters and 4 electric panels. ***EXCELLENT TOTAL ANNUAL INCOME of $129,320 minus - $31,354 in total expenses = $97,966 (NOI) TOTAL ANNUAL NET OPERATING INCOME for a Solid 6.1% CAP rate.***Also, investing an additional $120K in creating a legal 4th garden unit which is allowed under the current R5 zoning (existing ceiling height is very tall @ 7'-8") & 5th parking spot brings the CAP rate up to 8%!!

814 W Newport Avenue, Chicago

$490,000
10 Beds 3 Baths 12187061 MLS CLOSED Status
Presenting this fantastic Investment Opportunity in the vibrant North Lawndale Neighborhood. This spacious Refurbished Legal 2-Flat Greystone with three rental opportunities features two units with 4bedrooms/1bath each and a finished 2bed/1bath Lower Level in-Law unit that has a front & rear egress. Whether you're looking to make this your forever home or invest in a rental opportunity, this building with LOW TAXES ($2,540 W/OUT a Homeowner's Exemption) offers tremendous potential. With no current tenant leases, the income-generating potential is wide open for investors. Healthy Rental Comps show low market times and up to $2,583 for a 4bed/1bath rental without parking. See MLS#:11955268 for similar sized comparable rental located at 1635 S Central Park. A great comparable for a 2bed/1 bath Rental is located at 1915 S Avers (MLS#:12026088). This unit rented for $1,650 in two days. Making the estimated Monthly Rental Yield $6,816 and $81,792 annually. The cost of doing business is everything when it comes to multi-family ownership. That is why we covered all the essentials; all units have separate heating & in-unit washer & dryers. Please note: seller does not warrant the legality of the in-law garden unit. However, the property is located in one of the five ADU pilot areas, the "West Zone." Apply for a Additional Dwelling Unit zoning change at www*chicago*gov/adu to add the lower level as a legal ADU and further increase value. COMPETITIVE ADVANTAGE: Your tenants will love our spacious living spaces with separate dining rooms, eat-in kitchens and the BRAND NEW decks. This is an ideal opportunity for owner-occupants or investors looking to capitalize on a strong rental market with potential for rental growth and a stable tenant base. This is your end of Summer Must Have! If you've been debating whether to buy or not, this is your sign to DO IT!

1842 S Saint Louis Avenue, Chicago



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