Welcome to 2261-2265 W. Leland, an incredible 4-unit investment building opportunity in the heart of Lincoln Square! (Building is comprised of two, 2-flat multi-units, side by side each with their own entrances). Amazing location, not even half a block off of Lincoln Avenue & all its wonderful shops & restaurants & just two blocks from the Western Brown Line "L" Stop. Fantastic cash flow on this property w/over $88,000 in yearly rental income! (Bldg has separate heating & electric for each apartment & tenants pays their own utilities.) Owner pays only for water & insurance. Building is in a very easy to rent location & is in good shape w/thermal pane windows & newer porches. It also has a backyard & two-car parking. (This property also lends itself to possible single family conversion or duplex/townhome conversion on one or both sides... allowing owner to occupy single family/duplex space and have two to three rentals paying for the mortgage.)
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For more information about 2265 W Leland, Chicago, IL 60625 contact Corcoran Urban Real Estate.
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Listing provided by Baird & Warner
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