216 N Kilbourn

Chicago, IL 60624

***Building will be delivered vacant at closing, tenants are moving*** Welcome to Chicago's West Garfield Park neighborhood! This Brick 2-Flat is priced well, cash flowing and has plenty of upside! 2nd floor unit has a private balcony! Both units are being rented below market value and the tenants are month to month. Full unfinished walkout basement with 8ft+ ceilings + full bathroom (garden unit potential)! If you are looking to "house-hack" you can live for free by finishing the basement - the rent from the other two units will pay for your mortgage and expenses! Creating a garden apartment is a great project for an FHA 203k buyer! Equity and cash flow upside! Updated 2-Flat properties within a square mile sold for an average of $329,000 within the past 6 months! The average rent for 2-bedroom apartments within a mile is $1,100+ per month and the average rent for an updated 3-bedroom apartment is $1,300+ per month! 2-car garage! Excellent location, approximately 15 minutes away from Downtown Chicago! Located on a quite block! Property is being sold "as is". Priced to sell so please act swiftly! Property is being shown 1 day per week for 30 minutes every Wednesday starting September 22nd from 11:00am - 11:30am. The owner does not want to disturb the tenants excessively with daily showings at various times.