Rare Opportunity in NorthCenter on an oversized 30 foot lot in Bell School District with St Ben's 2 blocks away. This classic brick 2-flat sits among tree lined streets and wide-lot single family homes with exceptional upside for owner occupants, investors or those wanting to convert into a stunning single family. Currently configured as a spacious owner's duplex-down (2 beds/2 baths, can easily be a 4 bed/2 bath) and an income producing 2 bed/1 bath apartment. The second-floor unit is leased at $2,800/month with rent escalations through March 2028, plus a 60-day kick-out clause for buyers considering future conversion or just wanting flexibility. Both units' primary bedrooms are oversized (22' x 11') and were originally two bedrooms. Deconversion could easily add a bedroom to each unit. Both units feature expansive living and dining spaces, great natural light, oversized kitchens, walk-in closets, good storage and flexible layouts. A rare drywalled 3-car garage with full rooftop deck complete the home. All the modern updates owners and tenants want and separately metered. List of updates available upon request. Set within a premier pocket of North Center known for its wider lot sizes and residential streets, surrounding homes command $2M while new construction starts at $2.5M. Total projected/pro-forma market rent for duplex down, garage and 2nd floor is above $85,000 per year. Sold as-is and agent owned.
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For more information about 3734 N Leavitt, Chicago, IL 60618 contact Corcoran Urban Real Estate.
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