24 x 125 RT3 lot currently with an operating 2 flat on it. *** THIS IS PRIMARILY A LAND SALE. THE LAND IS WORTH MORE THAN THE 2 FLAT. *** There is a vacant play lot next door. The vacant lot is NOT part of the sale but is currently a play lot for the neighbors home next door. It provides a lot of light for this building and would provide a lot of light if you tear down the 2 flat and build a single family home on this lot. The brick 2 flat, contains a full size Attic and Basement. Apartments offer lots of natural wood work, 9 ft ceilings, eat-in kitchens, walk-in pantries, lots of closets, separate utilities. Huge windows sun drench units. The 2 flat is fully rent with around $44,000 in gross annual income. The 2 flat could also be rehabbed for an owner occupied unit, but there is no onsite parking because the 2 flat sits at the back of the lot. The 2 flat is fairly large with an open basement and open attic to expand into. The current leases on the 2 flat end on 5/31/22.
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For more information about 1939 W Cortland, Chicago, IL 60622 contact Corcoran Urban Real Estate.
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