Bright and spacious Wrigleyville 2-flat with two 2200 square foot 4 bed/3 bath duplexes located in the coveted Blaine school district! Both units have gas forced air heat & central air, hardwood floors, high ceilings & separate living & dining rooms. 2nd floor owner's duplex up features beautiful dark hardwood floors, remodeled kitchen with espresso stained kitchen cabinets, granite counter tops, SS appliances, custom back splash & remodeled bathroom with subway tile shower surround. 25 windows were replaced in the last 2 years, furnaces, AC units & water heaters were replaced in the last 5 years, new outdoor patio & low maintenance landscaping. Fantastic location is close to Wrigley field, Wrigleyville & Southport corridor restaurants, shopping, CTA Red & Brown lines. Tenants pay all utilities except water. 3 tandem parking spaces behind building rent for $200/each (total of 6 spaces), additional coin laundry income of about $150/month. Apartments are always rented with no vacancy. Amazing investment opportunity produces $24,000/year in positive cash flow with 20% down payment & 4% interest rate! 6.8% Cap Rate, 11.5% Cash on Cash return! Please see virtual tour link for interactive floor plans and photos.
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For more information about 1148 W Addison, Chicago, IL 60613 contact Corcoran Urban Real Estate.
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