This West Chatham Beauty has seen a full make over from top to bottom. 2023 new tear off roof, with full insulation and a brand new rubber roof. The building has been fully tuckpointed, and individual furnaces in every unit to top it off. Newer porches overlook a secure rear courtyard for tenants' use. Stainless steel appliances, with a great amount of space in every unit. Hardwood floors have been refinished, each kitchen and bathroom has been remodeled and the hallways have been upgraded as well with plenty of lighting and new carpet. The building is fully turnkey and has the potential to gross over $125k per year in annual income. Expenses are at an all time low due to individual heat. There is ample street parking. And West Chatham is one of Chicago's most convenient commuter neighborhoods, well-served by public transportation (35 minutes to the Loop by current CTA options, soon to be even speedier). Ground-breaking at the long-awaited Auburn Park Metra station at 79th St and Lowe Ave occurred in Summer 2022, with completion expected in 2024. The $35 million station will run along the Rock Island line, north to the Loop or south into the southwest suburbs. The new ADA-accessible station will have a plaza with bicycle racks, 84-space parking lot with kiss-n-ride drop off area, attractive vendor building, and 480-foot-long platform with two shelters and a chemical-free snow melt system. The 79th St bus, Chicago's busiest route, is a block away and runs from the lakefront to the city's western limits. For drivers and bicyclists, there are multiple expressway (20 minutes to Loop) and scenic bike route (60 minutes to Loop) access points. For driving commuters, the building is situated near the confluence of interstate expressway junctions for easy access to all south and southwest Chicago suburbs, Indiana, and Michigan. Neighborhood anchor West Chatham Park, developed after World War II, is a block away. The park's 14 acres offer a clubroom building for classes and gatherings, interactive spray pool, playground, baseball & softball diamonds, and basketball & tennis courts. This is poised to deliver over a 10 cap if managed properly. Don't miss out on this professionally upgraded 9 unit!!! Easy to show!!! Schedule today!!!
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For more information about 235 W 80th, Chicago, IL 60620 contact Corcoran Urban Real Estate.
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