Cash cow arm chair investment alert! Amazing opportunity to invest in this all-brick (legal 4-unit), newly gut-renovated property in prime West Town location! Fully occupied and generating $109,800/year in income. All four units were gut rehabbed in 2023 with new kitchens, bathrooms, flooring, HVAC, and stainless steel appliance packages. Newly poured concrete parking slab with 2 parking spaces and freshly painted exterior brick. The unfinished basement has value-add potential or keep as great storage space for tenants. The building consists of two floors; each floor has two apartments. All apartments have a similar layout featuring tall ceilings, in unit washer/dryer, and separate kitchen/dining and living areas. There are four gas and electric meters, four HW tanks, and all tenants pay their own electric/gas/wifi. The location is excellent, extremely walkable. Minutes to popular Eckhart Park with indoor pool and expansive green space. Variety of shopping, dining and entertaining options within walking distance. Easy access to major expressways and public transit, about half a mile to Blue Line stop at Chicago makes this location ideal for anyone seeking quick commute to the Loop.
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