Fantastic opportunity with endless possibilities for this legal 3 unit plus unfinished basement on a 30 ft wide lot in the center of one of the most vibrant and sophisticated neighborhoods in Chicago - Wrigleyville. The prime location on a quiet, tree lined, Luxury home laden one way street makes these 3 bed 1 bath vintage style units super easy to rent given the vast amount of amenities offered in the Wriglyville Cubs baseball stadium, restaurants, bars, shops, Lake Michigan, and easy access to the central business district via the redline CTA. The units are rented for $1,950 unit 1, $2,000 unit 2, and $1,840 unit 3 all with leases in place. Tenants pay all their own utilities and benefit from free laundry and each have an assigned outdoor parking spot. If not a great armchair investment (as it has been for the current owner), this property would be ideal for an owner occupant looking to duplex down on floor one with the vast basement to offset their debt service. Other potential uses could be a developer looking to condo the units or there is potential for conversion to single family. Get this property while it is hot and still available!...
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For more information about 3746 N Magnolia, Chicago, IL 60613 contact Corcoran Urban Real Estate.
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