Calling all investors and house hackers! Brick legal three-flat with an additional garden unit on the edge of Wicker Park. This SOLID building features eleven bedrooms and four bathrooms across approximately 4,600 square feet, with all units on separate meters and equipped with central air conditioning. Each of the three main units includes three bedrooms and one bathroom plus porch, all rehabbed around 2015, while the garden unit offers two bedrooms and one bathroom with private side and rear access. The building includes a three-car parking pad, a newer coin-operated laundry system for additional income. With current rents totaling $8,315 per month and a pro forma potential of $9,750, the property is already cash-flowing and offers further upside with cosmetic updates or in unit washer/dryer. Longer-term leases are in place for three of the four units, and tenants pay their own gas and electric, keeping operational costs low. Located just steps from the CTA Blue Line, 606 Trail, and some of Chicago's best restaurants and nightlife, this well-maintained asset offers prime convenience and steady returns in one of the city's most sought-after neighborhoods. Whether you're looking to offset your housing costs or expand your portfolio with a stable income-generating property this brick beauty delivers on all fronts.
Property Map
Please use the print button to include maps when printing.
For more information about 1527 N Western, Chicago, IL 60622 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by eXp Realty
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.