Located in a prime east Lakeview location, the property is almost equidistant between the Belmont and Addison stops on the "L". The building contains five legally conforming apartments configured as four 3 bedroom, 2 bathroom units and one 2 bedroom, 1 bathroom apartment. Built from the ground up in 1999, the building has benefitted from numerous capital improvement since its construction. In the past 5-10 years, all the windows have been replaced, the roof was replaced and the rear porch structure is also new. 4 of the 5 tenants or M-T-M with all rents being well below market, allowing a new investor to come in and move rents to market within 90 days. The "L" improvement project is nearly complete as well. The last step is to repave and widen the alley, This work is scheduled to be finished prior to opening day (April 4th).
Based on information submitted to the MLS GRID as of 04/22/2025 03:16 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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