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Updated almost 8 years ago,

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2,081
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Federico Gutierrez
  • Realtor
  • Cleveland, OH
856
Votes |
2,081
Posts

Two Flat with Garden suite. Chicago IL. 66% Occupied!

Federico Gutierrez
  • Realtor
  • Cleveland, OH
Posted

Extremely well kept 2-unit building with large garden in-law unit. This is a perfect live-in investment opportunity. 2nd floor unit is vacant with both 1st floor and garden unit occupied by great tenants. This building sits on a extra wide 37.5 lot! New electrical, plumbing, tuckpointing, separate electrical and newer thermopane windows. Heat is provided by two newer Weil McClain boilers and both hot water heaters have been updated. These units are very large due to the size of the lot with formal dining room & living rooms and very spacious kitchens. This building is south-facing, therefore the units get tons of light. Both 2nd floor and 1st floor have smaller 3rd bedrooms that lend well to nurseries or offices. Coin washer/dryer downstairs in the clean mechanical room. Each unit has their own enclosed porch! 3 parking spaces in the back (2 garage & 1 slab on the side). In the heart of Portage Park! Ever developing! Grayland Metra blocks away. Easy access to everywhere.

1st floor pays $1350 (heat included) and garden pays $780 (heat included). 2nd floor could generate $1400 (heat included). Roof was re-laid 5yrs ago. Garage roof is brand new. Tuckpointing on the building recently done. This is a great income producing property.

Contact @Federico Gutierrez. Holton-Wise Realtor of the Year for 2016, to set up your FREE real estate consultation about investing in the Chicago, IL or Cleveland, Ohio market. Don't sleep on your opportunity to build WEALTH through passive income and reduce your taxable income. All through BUY and HOLD properties.

Holton-Wise Property Group - Cleveland -

Century 21 Universal - Chicago -

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