Newly rehabbed 2-flat building with income generating attic unit with 2 entrances and a basement unit as well. Cashflows as a 4 unit with Investors looking at a 15-18+ Cash on Cash Return! Building is fully leased with very qualified tenants. New 55 gallon water heater installed 2021. Furnaces are 9 years old. Plumbing and electric are new. Main water line to the city was also replaced. Attached 2 car garage. Units 1 and 2 include Central AC. Open concept units with hardwood floors, new kitchen cabinets, quartz countertops, all stainless steel appliances, and in-unit laundry and new bathrooms. New landscaping done and beautiful exterior paint job. Property is located on a prime stretch of Montrose Avenue with easy access to CTA, Blue Line, Brown Line and I-90/94 expressway. CONVENTIONAL BUYERS. WILL NOT QUALIFY FOR FHA...
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For more information about 3505 W Montrose, Chicago, IL 60618 contact Corcoran Urban Real Estate.
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