Great looking Avondale SOLID BRICK ((LEGAL 3 UNIT)) Please come take a look at this LEGAL 3 unit property! The property would be a great investment for the savvy investor to invest very little money in each floor to update and rent them out at current market rents or possibly convert to single-family home. The property has been owned by the same family for over 30 years and they are happy to be moving on from the rental market and on to retirement. The property consists of (3) 2 bed 2 bath units. (No basement just a crawl space and the first floor is on the ground level. The rents are as follows, the first floor currently is MTM and pays $1,100. THE 1st floor has been renting that space for 3 years now. The top floor has a one year lease that started January 2021 and pays $1,100. And lastly the second floor is currently vacant and easy to show. The roof is about 15 years old and the last tuckpointing was done about 6 years ago. All tenants pay all their own utilities and the only expense to the owner is the water bill. There is a detached 2-car garage in the rear that is being rented to a neighbor at the moment (No Access to the garage until we are under contract). The property is located super close to Mariano's, Orange theory, tons of restaurants around Roscoe Village and Logan square. Only two minutes from the expressway.
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For more information about 2946 N Rockwell, Chicago, IL 60618 contact Corcoran Urban Real Estate.
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