The trophy building you've been waiting for. Rare opportunity to acquire huge corner brick building in A+++ Logan Square location on over sized (5592 square foot) lot. Building was gut renovated ~10 years ago with new everything -- windows, roof, HVAC, plumbing, electric, kitchens, tuck-pointing, masonry, bathrooms, drywall, floors, etc. Extra side area to the south of the property that can be easily converted to parking spaces. All units have great natural sunlight and have large bedrooms. Very well maintained building with "turn-key" opportunity to easily manage. Rents can be increased in the current as-is condition or increased significantly with minimal upgrades. Building is in the ADU zone, so next owner can legally convert basement into 5th dwelling unit. With new loan programs coming, purchase this property with just 5% down and live in your own castle in Logan Square. (agent owned but not affiliated with listing agent)
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For more information about 2553 N Spaulding, Chicago, IL 60647 contact Corcoran Urban Real Estate.
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Listing provided by New Era Chicago, LLC
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