Endless opportunities abound with this rare Old Town gem of a property! Three condo units priced in one incredible packaged deal, providing huge upside for the right buyer. The entire property consists of a three-story townhouse in the rear, with a 2 unit cottage in the front. The cozy and charming street-facing cottage includes two LARGE 1 bedroom / 1 bath condo units w/ open floor plan, plenty of closet space, and washer/dryer in each. The rear 3 bed / 3 bath townhouse boasts a massive open kitchen and living room space on the 2nd floor, with two large bedrooms on the 3rd floor, each featuring ensuite baths. 1st floor of the townhouse has a 3rd bed/home office and a private 2 car garage. The townhouse also has an accessible flat rooftop ready for your summer deck ideas and skyline views. Common area courtyard shared amongst all 3 units. This is truly a unique opportunity, and is the needle in the haystack you've been looking for! Live in the rear townhouse and rent or Air BnB the 2 front units. Perfect as multi-generational living, or develop as you see fit w/ RT-4 zoning. Keep as individual condos or deconvert to suit your purpose. All three units are currently vacant and ready to rent. Due to this being 3 separate condos packaged together it will likely require cash or non-conventional financing. Currently, the total property taxes for all units is $21,970.90, w/ total rental income of $6650. Property PIN's are as follows: UNIT 1 FRONT: 17041221361001 , UNIT 2 FRONT: 17041221361002 COACHOUSE / TOWNHOUSE: 17041221361003
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For more information about 1435 N Mohawk, Chicago, IL 60610 contact Corcoran Urban Real Estate.
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