Amazing opportunity to purchase this gorgeous BRICK victorian remodeled two flat and convert it into a Legal 3 FLAT or SINGLE FAMILY home in the HOT University Village/Tri-Taylor area. The values in this area are going up like crazy!!! Tremendous ability to make extra income with this investment property that is currently rented out by turning it into a 3 flat or convert this into a DREAM single family home and watch your value skyrocket. Currently it's rented at 7% cap rate but this will only go up! The first unit is a duplex down with 2 bedrooms and 1 bathroom on the main level and 2 bedrooms and 1 bathroom on the lower level with two separate entrances. It features high ceilings, open concept living/dining, granite counters, stainless steel appliances and in-unit laundry. The second unit is a duplex up, that features 2 bedrooms and 1 bathroom with a loft boasting 22 foot-ceiling, open concept living/dining, granite countertops, stainless steel appliances and in-unit laundry. The second floor features a 2 bedrooms and 1 bathroom unit with a loft boasting 22 foot-ceiling, open concept living/dining, granite countertops, stainless steel appliances and in-unit laundry. 2 interior parking and one exterior. This home is in a PERFECT location Walking distance to the Western Blue-Line, major bus-stops, Cook County health, Rush hospital, UIC University - The Medical District. Easy access to 290 on-ramp. The neighborhood is filled with parks and great outdoor recreational areas to enjoy during summertime, like Douglass Park, which has a golf course, pool, and sports field!! Floor plan and pictures for unit 2 coming soon! Current floor plan only includes unit 1.
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For more information about 1041 S Oakley, Chicago, IL 60612 contact Corcoran Urban Real Estate.
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