ONE-OF-A-KIND LISTING ALERT! Single family home with a 2 flat rental income property in the backyard! The single family home is vacant & ready for you to move right in OR as an investor rent it out for a high cap rate on this amazing property in an appreciating location! You have the option! The 2 flat in the backyard is rented to long term tenants with leases in place. The total rental income from the 2 flat is $4045 per month! AMAZING OPPORTUNITY! All located in HOT LOGAN SQUARE right off the boulevard! These buildings have beautiful timeless character but have been updated with modern conveniences! The single family has a NEW kitchen featuring quartz countertops, NEW stainless steel appliances, maples cabinets, NEW tile floors & modern light fixtures. Hardwood floors run throughout the entire home & have all been refinished. Enjoy a beautiful wood burning fireplace, beautiful windows overlooking your tree lined street, built in cabinetry & separate dining room. Upstairs features 3 bedrooms and 1 full bath. The basement features a family room, bedroom, full bath, laundry room & additional storage closet (could also make a great office space). Enjoy two large oversized porches & a beautiful yard. The 2 flat in the back of the property are fully leased. One tenant has leased for 10 years and the other tenant has leased for 3 years. Lease details are listed in the listing. The 2 flat has all updated kitchens, stainless steel appliances, updated baths & hardwood floors throughout. The roof is only 5 years old in each building & the HVAC is only 2 & 7 years old. The owner has been leasing 3 parking spaces next door for 10 years. The new owner can continue to lease the spaces but not required. This location is highly desirable & located near fabulous restaurants, shopping & public transportation. The seller has leased the single family home in the past & is receiving leasing inquiries. The options are endless with this unique property! Zoning is R3. All tenants pay electricity & gas. Each building has central air conditioning. All tenants have a private laundry room & full size laundry in the 2 flat. The single family home has a designated laundry room with full size laundry.
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For more information about 2630 N Fairfield, Chicago, IL 60647 contact Corcoran Urban Real Estate.
Listing provided by Jameson Sotheby's Intl Realty
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