Cash flow like crazy with strong rental upside in a core, Lakeview location! This newly rehabbed 4 unit building is ideally located just steps from the Southport Corridor, new Target and Whole Foods, and public transit galore! Inside, all units have brand new kitchens and baths finished with quartz counters and subway tile, stainless steel appliances and shaker cabinets. Each unit is individually metered and has central heat (new or newer furnaces) and air (all compressors brand new); was professionally painted throughout; and has brand new or refinished hardwood flooring. Exterior capital improvements include new siding, new deck to code, and roof newly rolled and sealed. All apartments were rented this winter offseason, so there is a prime opportunity for a new owner to immediately increase rents to market when leases turn over this summer. Parking pad in back for three cars, and coin laundry (machines owned) in the basement for extra income.
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For more information about 1431 W Belmont, Chicago, IL 60657 contact Corcoran Urban Real Estate.
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