Pick up where these savvy investors left off in up and coming Portage Park. Beautiful brick, vintage 2-flat with garden "in-law" unit, zoned for 4 units and situated on an over-sized lot (36.5 x 125). Cash-flowing, renovated units include: 2 - 9 room, 3 bed/2 baths with upgraded kitchens, large bathrooms, spacious front balcony and porch, large heated rear sun porches (perfect for in-unit laundry install), 1 bed/1 bath "in-law" garden unit. 2-car garage and professionally landscaped yard. Immediate additional income opportunities include separating utilities and installation of in-unit washer/dryer. Current NOI is $42k. Capital upgrades include: tuck-pointing, replaced stair and balcony railing (safety upgrades), new bath fixtures, plumbing upgrades, garage repair, insulation, concrete stair repair and more. Selling As-is.
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For more information about 4045 N Leclaire, Chicago, IL 60641 contact Corcoran Urban Real Estate.
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