This is a versatile, turnkey investment property located on the best block in South Lake View. This 3 flat wins as a straightforward investment, a value-add building with upside, and a perfect residence for an owner occupant. Close and collect on the current rent roll while saving on capex costs such as the HVAC, kitchens, and flooring. The spacious units rent easily with a unit mix that includes a 2/1, a 3/1 and a 5/2 duplex down. For the savvy investor this property is begging for an ADU coach house to be added to the rear parking pad. If you are looking for an owner / occupant option, the 3/1 kitchen renovation will not let you down. Summer leases, spacious floor plans, separate utilities, strong tenant mix, in-building laundry, beautiful hardwood built-ins, a half block from the brown/purple line, ample outdoor parking and Lincoln Park High School. A fantastic investment property on a wonderful block walkable to all that Lake View has to offer.
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For more information about 1029 W Wolfram, Chicago, IL 60657 contact Corcoran Urban Real Estate.
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