Prime Wicker Park/Bucktown location, handsome red brick & limestone legal 3 flat with unfinished basement (potential ADU). Three stories, all apartments above grade. Value add opportunity. Fully leased building has generous sized apartments: 1st floor duplex down with 3 beds, 2 full baths; 2nd floor apt has 2 beds + office, 1 bath); 3rd floor apt has 2 beds, 1 full bath; all with amazing ceiling height, hard wood floors, separate living & dining rooms, large kitchens with dishwashers, updated baths (new toilets, vanities, mirrors, lighting). Enclosed rear porches. Gas forced air, central a/c, coin-op washer/dryer & storage in basement. 1441 N. Bell is west of Damen, east of Western Ave, one block south of North Ave, CTA Blue Line station 2 blocks away. It is on a standard 25' x 125' lot. It is fully leased but rents are below market. Value add improvements to kitchens, rents could go much higher (est. $7,000/month). New Chicago ordinance for Additional Dwelling Units ADU - in Northwest zone = potential to convert to a legal 4 unit building or explore building a coach house. Rear fenced yard with paver path. Seller poured a 22' wide garage parking pad, fenced off for tenants to use as part of backyard. Income potential - exterior parking or build a garage. Older cabinets, appliances, windows. Gas forced air/central a/c. Owned coin laundry in basement. 200 amp electric with 4 meters. Sold as is. Proof of funds required. 48 hours showing notice for tenants.
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For more information about 1441 N Bell, Chicago, IL 60622 contact Corcoran Urban Real Estate.
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