4 unit money maker in prime Logan Square location. Over a 6% Cap rate for this charming all brick building that can generate over $65,000 in annual rental income. Units 1 and 3 currently rented, the owner lives in 2F, and 2R's rehab was just completed. Both have easy rent potential of $1,200/month if not more. 2R's 2020 rehab includes a new kitchen with backsplash and under cab lighting, new bathroom with updated fixtures and bright new tiling, new floors and fresh paint throughout. Exposed brick, vintage built ins, wrought iron railings, and spacious back decks are just some of the unique features that the other units offer. 2020 tuckpointing and new lintels installed on the facade of the building. New security lighting installed on each porch and a motion sensor spotlight in the rear common area highlights reclaimed common brick pavers patio surrounded by river rock. 2 car garage offers additional income. Free common laundry and additional storage in the dry basement. Phenomenal Logan Square location puts you half a block from bustling Palmer Sq, 1 block from CTA Blue Line, and half a mile to historic Logan Square.
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For more information about 3007 W Lyndale, Chicago, IL 60647 contact Urban Real Estate.
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