Hot West Ukrainian Village/Smith Park Classic Brick 3 Flat on extra-wide 27 x 124 lot! Perfect for armchair investor or end-user. This turnkey property is begging for a value add with it's full, un-finished basement with good ceiling height and ingress/egress already in place. The perfect opportunity for an investor at a 6% CAP as-is with parking utilized or for an owner-occupant to duplex down the first floor and pay the mortgage with the 2nd floor, 3rd floor and parking for 3 tandem (6 total spaces). There is currently no income derived from parking, estimated to be an add'l $600/month total for all spaces. Parking is at a premium in the area. The first and third floor are currently under market month-to-month and rented at $1,200 each. 2nd floor currently vacant and for rent. Can transfer vacant. Awesome location and highly-desirable building! Shown pictures of vacant unit only. All other units have sleek wall heaters, newer cabinets, non-exposed water heaters/venting, full baths.
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For more information about 2605 W Chicago, Chicago, IL 60622 contact Corcoran Urban Real Estate.
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