PRICE REDUCTION. Rare opportunity to purchase legal 4 unit with bonus non-conforming garden studio in this type of location. Hot Wicker Park location. 0.6 miles or 12 min walk to the Damen Blue Line. Property needs further renovations as two of the units have been lightly renovated. Units are well below market rent. Each have two bedrooms but one bedroom does not include a closet - so can be considered one bed plus den. Tenant paid utilities (central heat). 1 washer & 1 dryer in basement. $5,800 per month currently of income (~$70k), $7,600 per month pro-forma ($91k). Garden unit is at $850 per month. Bring your ideas; Property sold as-is.
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For more information about 1401 N Oakley, Chicago, IL 60622 contact Urban Real Estate.
Listing provided by Triton Realty Group LLC
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