A four (4) unit apartment property in a prime North Center Location (Coonley Elementary School District). Three legal units with an in-law garden unit. The Subject property consists of one (1) studio garden unit (in-law), two (2) 2 Bed/1 Bath units, and one (1) 3 Bed/2 Bath duplex-up coach house unit. Each unit features hardwood floors, laminate countertops, white and stainless-steel appliances, central heat and air-conditioning, on site laundry, and a common yard. The property has been professionally managed for the past 5+ years and has been under the same ownership for more than 35 years. An opportunity exists for an investor to legalize the garden unit through the city's ADU pilot program and/or to operate as-is while increasing rents to market.
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For more information about 4041 N Oakley, Chicago, IL 60618 contact Corcoran Urban Real Estate.
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