AMAZING investment opportunity in HOT Bucktown!!! All brick 3-flat with current Cap Rate of 6.8%. With a few renovations, the cap rate could be so much higher! Airbnb one unit and watch your monthly income significantly increase! Building features central air/heat, in-unit washer/dryers, updated kitchen/baths, private outdoor porches and backyard. Great opportunity to duplex the 3rd floor unit up!!! This could be the perfect owner's unit or add an extra bedroom/bathroom for more rental income. So much opportunity here! Two car brick garage offers additional rental income (please note that one spot is currently being rented separately for $180/mo - not included in total rental income). Just a few blocks to the Blue Lines and right next to the highway. Everything is walking distance - Restaurants, Nightlife, Shopping, the 606, parks and so much more!
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For more information about 1843 W Armitage, Chicago, IL 60622 contact Urban Real Estate.
Listing provided by Jameson Sotheby's Int'l Realty
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