Description
Beautiful and sunny 3 story vintage yellow brick building on tree-lined street with 4 legal apartments located in the undervalued West Ridge neighborhood conveniently close to transportation, shopping, and Loyola. Three very large (2,000 sf+) 3 bedroom 2 bath apartments with deck space plus a spacious 2 bedroom garden unit. All units have newer separate gas forced air furnaces. 1st floor remodeled 2016. 2nd floor remodeled 2022. 3rd floor remodeled 2020. Garden $1300 leased to 8/23. First floor $1800 MTM. Second floor vacant, current market rent $2000. Third floor $1850 MTM. Shared coin laundry yields approximately $200/month. Three car brick garage is currently included in rent for units 1 and 3 but can be rented separately for additional income. Yearly gross income $85,800 (assuming unit 2 is rented) with room to increase rents immediately or value add and increase even further.