ATTN INVESTORS! 5.6% CAP with potential for 7%. Well maintained 2-flat + garden unit in AAA+ Lakeview location ideal for renters or convert to SFH (early termination clause in all leases). Features top floor 3BD/2BTH duplex-up with huge master suite; 1st floor 2BD/1BTH and 1BD/1BTH Garden unit. Spacious Floor Plans with improvements throughout - HDWD Floors, Newer Baths/Kitchen, Mechanicals and Roof within last 10-years. Structural Engineer approved Building w/great tenants & strong income. All 3 units have been fully leased for 10+ years, with zero vacancy, and minimal marketing effort. Units 1 or 2 make for ideal Owner's Units, with Garden as bonus income. Spacious Rear Garden separates building from 2-Car Detached Garage (included in rents).
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For more information about 2943 N Racine, Chicago, IL 60657 contact Corcoran Urban Real Estate.
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