MLS#: 10111401
$ 1,350,000
1021 WEBSTER AVENUE
CHICAGO
Once in a lifetime chance to own a piece of the Chicago prestigious Sheffield neighborhood in Lincoln park just step to DePaul University. Rarely available legal 4 unit building including a coach house. Next to multimillion-dollar homes. The opportunities are endless here: 1. Buy and just collect rent, 2. Live in one of the units and rent the rest of them 3. Convert to condos 4. Demolish and build 3 residential units and a commercial space in the favorable B1-2 zoning 4.Convert to a huge single family house? It features 2 spacious simplex 3 bedroom apartments, 1 huge duplex down 3 bed /2 bath unit and a cute coach house. All of them have their own furnaces with gas forced heat and central air conditioning. Tenants pay their own gas and electricity. Recently done roof, porch, updated plumbing, electric and bathrooms. $110,400 yearly gross income with the coin laundry. Offered @ 6.25% CAP rate. The land is worth that much. Safe place to park your money. Real estate broker owned.
$ 1,350,000
1021 WEBSTER AVENUE
CHICAGO
Once in a lifetime chance to own a piece of the Chicago prestigious Sheffield neighborhood in Lincoln park just step to DePaul University. Rarely available legal 4 unit building including a coach house. Next to multimillion-dollar homes. The opportunities are endless here: 1. Buy and just collect rent, 2. Live in one of the units and rent the rest of them 3. Convert to condos 4. Demolish and build 3 residential units and a commercial space in the favorable B1-2 zoning 4.Convert to a huge single family house? It features 2 spacious simplex 3 bedroom apartments, 1 huge duplex down 3 bed /2 bath unit and a cute coach house. All of them have their own furnaces with gas forced heat and central air conditioning. Tenants pay their own gas and electricity. Recently done roof, porch, updated plumbing, electric and bathrooms. $110,400 yearly gross income with the coin laundry. Offered @ 6.25% CAP rate. The land is worth that much. Safe place to park your money. Real estate broker owned.
| total rooms | 22 |
| bedrooms | 10 |
| bath rooms | 0 |
| square feet | 0 |
| living room | |
| dining room | |
| kitchen |
courtesy of
Home Realty Group, Inc
Rosemont
