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$1,250,000
12555104 MLS CLOSED Status
This extraordinary rental investment opportunity features six 2-bedroom, 1-bath units, two 1-bedroom, 1-bath units, and a SEPARATE, FREE STANDING 2-BEDROOM, 1.1 BATH SINGLE FAMILY HOME with full basement and two-car garage on the same property PIN number. This classic red brick building is located in the desirable Montclare neighborhood, just blocks from Metra, shopping, restaurants, and nightlife. The buildings have been well maintained and operated as a family business for many years, and are fully occupied. Rents have not been increased in years and are below market, offering improved CAP and GRM potential. Five apartments are on a month-to-month basis. This investment property is being discreetly marketed with respect for tenant privacy a very high priority. Showing appointments will be scheduled with advance notice only and limited to advance verification of funds or pre-approved financing. See the actual rent roll below. 2br -1.1ba house w/ basment & two car garage $1300.00 2br 1ba apartment. $925.00 2br 1ba apartment $850.00(Discount for cleaning the bldg.) 2br 1ba apartment $950.00 2br 1ba apartment $925.00 2br 1ba apartment $900.00 2br 1ba apartment $900.00 1br 1 ba apartment $750.00 1br 1ba apartment $700.00

2454 N Nordica Avenue, Chicago

$500,000
4 Beds 3 Baths 12527189 MLS ACTIVE Status
**Listing reactivated due to buyer failure to perform. A prior inspection was completed successfully, with no significant issues reported.** Exceptional owner-occupant or investment opportunity in Chicago's Montclare neighborhood. Originally constructed in 1920 and comprehensively updated in 2021, this well-maintained two-unit property offers 4 bedrooms, 3 full bathrooms and approximately 2,837 square feet of total building area. The spacious upper duplex provides approximately 1,788 square feet across the second and dormered third floors, with 3 bedrooms, 2 full bathrooms, separate living and dining rooms, and a generously appointed kitchen. Features include rich wood cabinetry, distinctive granite countertops, a center island, stainless-steel appliances, separate cooktop and oven, warming drawer, dishwasher and garbage compactor. Hardwood, marble and tile flooring, recessed lighting, decorative trim and heated bathroom floors enhance the interior. The uppermost level offers an oversized bedroom or primary-suite-style retreat with vaulted and sloped ceilings, abundant open space and its own full bathroom. The separate above-grade ground-level apartment offers approximately 1,049 square feet with 1 bedroom, a den or flex room, full kitchen, living area and renovated bathroom. Multiple windows provide natural sunlight, distinguishing the unit from a traditional below-grade garden apartment. Additional finishes include marble countertops, extensive marble bathroom surfaces, heated flooring, an overhead heat lamp and a multi-spray shower system. This flexible configuration is well suited for rental income, extended living, guests or work-from-home needs. The property features updated kitchens, bathrooms, flooring, paint and fixtures, along with hot-water baseboard heat, a boiler and tankless water heater. Exterior amenities include a front porch, fenced backyard and expansive rear deck with pergola. The detached two-car garage contains approximately 575 square feet, offers alley access and is entirely vacant for the purchaser's immediate use or potential supplemental rental income. Conveniently located near shopping, parks, public and private schools, library services, medical offices, religious institutions, CTA bus routes and Metra transportation. This is a strong option for an owner-occupant seeking additional income, a multigenerational household or an investor looking for two updated units with room to improve the rent roll. The adjacent commercial property may also be available separately, creating a potential assemblage opportunity with approximately 15,025 square feet of combined land area and approximately 120 feet of street frontage.

2948 N Narragansett Avenue, Chicago

$625,000
6 Beds 4 Baths 12521408 MLS CLOSED Status
ALL BRICK TWO UNIT APARTMENT BUILDING WITH A FINISHED BASEMENT IN PRIME NORTHWEST CHICAGO/MONTCLARE LOCATION. IT FEATURES AN OVERSIZED LOT ON A PLEASANT RESIDENTIAL BLOCK AND HAS BEEN METICULOUSLY MAINTAINED BY ITS LONGTIME OWNERS. BOTH UNITS HAVE HARDWOOD FLOORS, SPACIOUS LIVING ROOM/DINING ROOM COMBINATIONS, THREE GENEROUS SIZED BEDROOMS, FULL BATHS PLUS AN ADJACENT 1/2 BATH. THE COMBINATION KITCHEN/EATING AREAS HAVE AMPLE COUNTER SPACE, STAINLESS STEEL APPLIANCES, COOKTOPS AND PANTRY CLOSETS. THE FIRST FLOOR FULL BATH HAS BEEN RECENTLY RENOVATED. THE FINISHED BASEMENT INCLUDES A 21 X 12 RECREATION ROOM, L SHAPED DINING SPACE, A FULL BATHROOM AND A SUMMER KITCHEN WITH FORMICA COUNTER TOPS. THE TWO SEPARATE BOILERS (10+ YEARS AND 2 YEARS) PROVIDE HOT WATER HEAT AS FOLLOWS: ONE BOILER FOR THE FIRST FLOOR AND LOWER LEVEL RADIANT HEAT, THE SECOND BOILER FOR THE SECOND FLOOR UNIT. THERE ARE SEPARATE HOT WATER HEATERS (2 YRS & 5 YRS), SEPARATE ELECTRIC PANELS, AND REPLACEMENT WINDOWS ALSO. PLENTIFUL STORAGE SPACE. RECENT CONCRETE. ENJOY THE OUTDOOR GREEN SPACE AND PATIO, PLUS THE TWO CAR GARAGE.

2520 N Neva Avenue, Chicago

$565,000
8 Beds 3 Baths 12443679 MLS CLOSED Status
Check out this rare brick two-flat in Montclare, built in the 1950s, which also includes a convenient in-law apartment in the basement. The second-floor apartment is a spacious three-bedroom, one-bathroom unit with a large living room and a generous eat-in kitchen. All three bedrooms are spacious and offer ample closet space. On the first floor, you'll find a similar layout, but with beautiful hardwood floors in the living room and bedrooms. The basement features a two-bedroom apartment, a full bathroom, and two exits. Throughout the building, the kitchens and bathrooms are original but remain in clean and very good condition. The utility room comes equipped with a washer and dryer. The building's systems include three boilers for heat, two electric and gas meters, and a large, shared water heater. Recent updates include windows, which are estimated to have been replaced by Feldco within the last five years, and the architectural shingle roof, estimated to be five to ten years old. The property also features a low-maintenance, fenced-in backyard that leads to a two-car garage with an attached storage shed. Please note that this building is currently occupied by family, so please do not disturb them. It will be delivered vacant at closing. In this area, market rents for three-bedroom apartments are estimated to range from $1,800 to $2,400.

2705 N Sayre Avenue, Chicago

$260,000
3 Beds 3 Baths 11981283 MLS CLOSED Status
Contractor's special! Oversized Chicago bungalow with central A/C and an in-law apartment set up. The main floor renovation was started but will not be completed. Property sold As-Is. The first floor hosts a large Living/ Dining room, two bedrooms, a bathroom, and a large Kitchen with room for a table. The second floor has a family room, a sitting room, a third bedroom, a full bath, and a kitchenette. The basement is partially finished with another family room, a den, a small kitchenette, a bath with a shower, and a large storage room and utility room. Newer roof! Two-story deck off the back and a nice-sized yard with a covered deck off the garage. Two-car garage, close to transportation and shopping.

2420 N Rutherford Avenue, Chicago



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