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$875,000
6 Beds 5 Baths 12703472 MLS ACTIVE Status
This 3-unit property is fully rented and a great income-producing investment opportunity or perfect for a Live/Work owner! Lots of recent updates: the roof was replaced 2 years ago, the front windows of the 2-bedroom were replaced in 2025, and both the 2-bed and the coach house have new electrical. The 1600 Sq. Ft. storefront is currently operating as a catering/restaurant business and is on a long-term, month-to-month rent, so that gives flexibility to the new owner. The second floor has a 2-bedroom, 1-bathroom plus enclosed porch and an outdoor patio and has been recently renovated, and it's currently rented out. The beautifully designed 2-bed unit features an in-unit laundry and a custom kitchen with stainless steel appliances and granite countertops, which are perfect for cooking and entertaining. The apartment boasts hardwood floors throughout, adding a touch of elegance to the space. It also has a private entry and central air and heat. The owner just finished the full gut rehab of the coach house in the back as well. The coach house has 4 bedrooms/2baths, and it's a 3-floor living space; it feels and lives like a single home. Gorgeous brand new kitchen with all the bells and whistles, and two brand new elegant bathrooms, in-unit laundry. With public transportation nearby, commuting is a breeze. Great upside potential

3816 W Montrose Avenue, Chicago

$875,000
12703469 MLS ACTIVE Status
This 3-unit property is a fully rented, great income-producing investment opportunity or perfect for a Live/Work owner! Lots of recent updates including the roof replaced 2 years ago, new front windows in the 2-bedroom, and both the 2-bed and coach house have new electrical. The 1600 Sq. Ft. The storefront is currently operating as a catering/restaurant business and is on a long-term, month-to-month rent, so that gives flexibility to the new owner. The second floor has a 2-bedroom, 1-bathroom plus enclosed porch and an outdoor patio and has been recently renovated. The beautifully designed 2-bed unit features an in-unit laundry and a custom kitchen with stainless steel appliances and granite countertops, which are perfect for cooking and entertaining. The apartment boasts hardwood floors throughout, adding a touch of elegance to the space. It also has a private entry and central air and heat. The owner just finished the full gut rehab of the coach house in the back as well. The coach house has 4 bedrooms/2baths, and it's a 3-floor living space; it feels and lives like a single home. Gorgeous brand new kitchen with all the bells and whistles, and two brand new elegant bathrooms, in-unit laundry. With public transportation nearby, commuting is a breeze. Great upside potential.

3816 W Montrose Avenue, Chicago

$640,000
8 Beds 3 Baths 12178907 MLS CLOSED Status
Presenting this Fantastic Estate Sale in the well established Old Irving Park Neighborhood. This Jumbo, Traditional Chicago-yellow brick two-flat sits on an oversized 37.4 X 125.5 lot with a HUGE Brick Garage for 3 (or 4 cars, if parked in tandem). Lease garage spaces for additional income or turn space into a coach house (ADU). This is your end of Summer Must Have! 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 & cooling. The 1s floor electricity is combined with basement, however, all units have separate gas. Add new meter to separate. If you've been debating whether to buy or not, this is your sign to DO IT! This property is perfect for those looking to live in a thriving community while tenants cover the mortgage. The first and Second floor units offer three very generous sized bedrooms, a separate dining room, an eat-in kitchen with space for a table and a very bright/spacious living room with decorative fireplaces. See floor-plans in photos. Free laundry in the basement, make more lucrative by adding coin operated laundry. Earn immediate income with significant potential for rental growth. Comparable rentals in the area continue to increase, signaling a healthy and sustainable rental market, this property is poised for long-term success. Our long term tenants are on a MTM agreement and have been issued moving notifications, however, the first floor unit is vacant, in case you need to occupy one unit or adjust rents to reflect Current Fair Market Values. All tenants are on MTM leases paying well below fair market rents. The 1st floor is vacant, the 2nd floor yields $1,800 and the basement yields $850 per month. (ARV) Comp is located at 4515 N Christiana, Unit 2 (MLS#:11977967). This 3bed/1bath apartment rented for $2,600 in 7 days. The ARV Comp for GARDEN unit is located at 3349 W Cuyler and rented for $1,795 (MLS#: 11856826). Making the estimated Annual ARV Rental Potential, $83,940. Please note: seller does not warrant the legality of the inlaw garden unit. COMPETITIVE ADVANTAGE: Tenants love our spacious bedrooms, the rear porches and stairs are enclosed and the detached Oversized Garage and spacious yard further enhance the appeal. 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. Pictured: Unit 1 has hardwood floors underneath tile. Unit 2 has a similar floor plan with hardwood floors. AC condensing units to 1st & 2nd floors are on the roof, and for the garden unit you'll find it on the South Side of the Building. The property has been in the family for many years and has been very well maintained but is being sold "as-is." Buy & hold for an immediate and low-maintenance return on your investment, bring your creativity and take advantage of multiple value-add opportunities, or simply move into one unit while your tenants pay down the mortgage on your amazing new home. The options for this one-of-a-kind property are truly endless! Conveniently located near the Blue Line and Metra, expressway, CTA, grocery, parks & dining. Solid building. Offers encouraged. Schedule your visit today and see why this property stands out as a great investment in a vibrant and sought-after neighborhood.

4221 N Saint Louis Avenue, Chicago

$525,000
5 Beds 2 Baths 12004708 MLS CLOSED Status
Great investment opportunity for owner occupied 2 flat or income property in prime Albany park location. Building needs some work but has great potential, APPROVED FOR ADDITIONAL DWELLING UNIT, COACH HOUSE OR LOWER LEVEL can be added, extra wide lot allows for spacious third unit and large attic space will add value and income. Beautiful, quiet residential street. Well-maintained building with updates throughout and many vintage details preserved. New kitchens and baths, refinished hardwood floors, New Plumbing stacks from main running up to both bathrooms and kitchens, new AHU (Pioneer 24,000 BTU Central Split Inverter+ Air Conditioner Heat Pump System) with added vents for both units). The first level unit is a 2 bedroom, 1 bathroom. The upper level unit is the perfect owner's unit with 3 bedrooms and one bathroom. Large unfinished basement that offers potential to increase property value as well as ample storage space. Beautiful back yard with parking pad for 2 cars. Walk to brown line Kimball stop, Northeastern University, shopping, restaurants, retail and parks. Close to blue line, and 90/94 easy access. ONLY ONE UNIT SHOWN ON FIRST SHOWINGS

3251 W Eastwood Avenue, Chicago

$625,000
6 Beds 3 Baths 11995089 MLS CLOSED Status
Experience the charm of Ravenswood Manor in this expansive and sunlit 3 unit, featuring a main building with 2 apartments and a detached coach house. The main level boasts a 2-bedroom, 1-bath apartment with hardwood floors throughout the living, dining and bedrooms. The bathroom comes with a walk-in shower, and the kitchen is generously equipped with a stainless steel refrigerator, ample cabinet space, a breakfast table area, and a spacious pantry. A storage room off the back porch adds to the convenience. The full unfinished basement offers the potential for a duplex down, complemented by laundry facilities and storage lockers. On the second floor is a 2-bedroom 1 bath unit with an additional den, featuring hardwood floors and a bath with a soaking tub. The large kitchen offers room for a breakfast table, and a back porch overlooks the fenced-in yard. There is a rarely available two-story coach house at the back of the lot. The main level boasts an open floor plan with a living/dining room, while the upper level features a loft space and a spacious bedroom. Nestled just two blocks away from Ravenswood Manor Park and the Brown Line, this location is a haven for those seeking the perfect blend of tranquility and urban amenities. Enjoy proximity to dining and retail options, Horner Park, Rockwell Crossing, Lincoln Square, and North Center.

3017 W Eastwood Avenue, Chicago

$520,000
6 Beds 5 Baths 11935280 MLS CLOSED Status
Albany Park Historical two-flat w/ 2 additional units in coach house with charming stucco exterior. Property is located in a charming, quiet residential cul-de-sac street that dead-ends at the North Branch of the Chicago River. Incredibly convenient location-Walk to Brown Line Kimball El Train, shops along Lawrence & Eugene Park. Front has two 2-bedroom, 1 bath units with formal living and dining rooms, plus sunrooms. Basement is unfinished with good ceiling height and additional powder room and has 2 entrances. Coach house has two units, 1st floor is open concept and second floor has separate bedroom. No garage but EZ street parking. This is an Estate Sale and Sold As-Is. Buyer to do due diligence and verify any and all information. Showings by appointment only during the following times: Saturday 11/25 from 11 - 12pm; Sunday 11/26 from 11-1pm; Monday 11/27 from 11-1pm; Tuesday 11/28 from 4-6pm and Wednesday 11/29 from 11-1pm. Offers will be considered starting Thursday 11/30. Submit offers on multi-board contract and include probate rider along with current POFs or pre-approval. Court Approval required, please allow time for response.

5016 N Lawndale Avenue, Chicago



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