7.1% CAP RATE, Turn Key Investment Opportunity in A+ Bucktown location short walk to Holstein Park. Gut renovated with vintage charm and fully leased 3-unit property comprised of two duplex Owner's units and one simplex apartment with enclosed rear deck and private shared yard with two car garage. Units are well updated with hardwood flooring, high ceilings, good natural light due to southern exposure, modern kitchens and baths, central AC and GFA heat. Unit 1 is a 3 bed/2 bath duplex with eat-in kitchen, LVT flooring in lower level and huge primary bed & bath. Unit 2 is a generous One bed plus den/1 bath, large eat-in kitchen and Unit 3 is a rare duplex owner's unit with full top floor as primary suite. Large rear yard for common use by tenants and two car garage. Tenants pay all their own utilities. Perfect for new and savvy investors, 1031 exchange, or owner occupants. Gross Annual Income $85,200. Desirable Bucktown location within steps to parks, shopping, dining, entertainment and so much more. Excellent walkability less than a mile to the Western Blue Line and The 606 plus quick access on 90/94 from Fullerton! An opportunity not to be missed! Unit 2 will be vacant for owner occupant June 1st!.
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For more information about 2246 W Charleston, Chicago, IL 60647 contact Corcoran Urban Real Estate.
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