Attention investors! This is your chance. Fantastic cap rate!! Redevelop or keep as income producing property. Fantastic location, fantastic cash flow. This one is a money maker. Prescott elementary and close to Wrightwood Park. Legal 2 unit consists of a duplex up, main level unit and finished basement. Gross monthly rental income $4470. A new owner could rehab each unit as the leases expire and get a lot more in rent! First floor unit has wide open floorplan, tall ceilings, hardwood floors in living room and a rehabbed bathroom in 2017. Second floor duplex unit has dramatic wall of windows, rehabbed kitchen in 2017, hardwood floors in living room and interior spiral staircase. Two exterior parking spaces and enclosed porch. Unit 1 is now vacant and 2nd floor unit has long terms tenants. Tons of new construction nearby!! Also listed for land sale, potential tear down.
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For more information about 2532 N Ashland, Chicago, IL 60614 contact Corcoran Urban Real Estate.
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