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Property description
This exceptional two-flat property combines vintage charm with significant income potential, making it an excellent investment opportunity. Located in the highly sought-after Logan Square neighborhood, this residence is just minutes from a vibrant selection of restaurants, cafes, and boutique shops along Milwaukee Avenue. The Logan Square Farmers Market and Blue Line station are conveniently located just 0.4 miles away. Unit 1 features 2 bedrooms and 1 bath, with potential for conversion into a 3-bedroom unit. Unit 2 is a spacious 3-bedroom, 1-bath residence. Both units showcase preserved vintage details including hardwood floors, fireplace mantels, baseboards, window casings, doors, and built-in cabinets, complemented by updated kitchens and bathrooms. The building includes two sets of laundry machines in the basement (currently free for tenant use), updated separate electrical panels and meters, separate gas meters, two hot water heaters, and two furnaces. The unfinished basement and attic with stunning views provide additional opportunities for expansion, such as duplexing Unit 1 down and Unit 2 up. Off-street parking is available at the rear of the property, accessible from the alley. Additionally, the property is situated in an ADU (Additional Dwelling Unit) zoning district, offering the potential to add a coach house, attic or garden unit, which could help offset taxes and mortgage costs. Property being sold as-is.
For more details:
Listed by: Danny Mcgovern
For more details:
Listed by: Danny Mcgovern