Become the proud owner of this stately, one-of-a-kind center entry 4-unit building in the lovely Magnolia Glen enclave of Edgewater. Incredible investor opportunity in a building that has never had a vacancy in 21 years. Great cash flow and wonderful tenants! Located on a quiet tree-lined street of many single-family homes, this well-maintained building is within walking distance to the Red Line, the beach & lakefront paths, Whole Foods, Walgreens, the public library, great restaurants (Moody's Pub, Cellar Bar & Grill, Indie Cafe, Cookies & Carnitas, Mas Alla del Sol) as well as Andersonville's vibrant Clark Street strip. When not out enjoying the neighborhood, the tenants frequently socialize on the enclosed back patio. The beautiful staircase with skylight, high ceilings, gas & wood burning fireplaces, built-in hutches and hardwood floors only add to this property's European charm. Additional features include central air & heat, in-unit laundry, common laundry in basement, and large storage units for each tenant. Tenants pay gas/heat & electric. Easy street parking. Great opportunity to own a lovely building that cash flows!
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For more information about 1261 W Ardmore, Chicago, IL 60660 contact Corcoran Urban Real Estate.
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