Gracious graystone sits on 50x151 lot in Graceland West. Condo-quality units with sep gfa/cac heat, in-unit washer/dryers, dishwashers. Had previously been generating $8700/mo income. Owner occupies one unit - the rest of the building is now vacant. 2nd floor unit is 3,000sf with 4 bedrooms - 4 baths and had been under-rented @ $3600. (Market value = $4k?) 1st floor is also 3,000 sf however has been divided into two units. One 2 bdrm - 3 ba unit is currently owner occupied. It had previously been rented @ 3,000/mo. A second studio unit duplexes into the basement. The garden unit in the basement is a legal 2 bdrm - 2 ba unit. It had previously been rented @ $1900/mo. The current structure = 6300 sf. Zoned RT4 with a FAR of 1.20, it can be replaced with a 9,000sf home or three 3,000 sf luxury condos! Drive by and submit your offer!
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For more information about 4119 N Ashland, Chicago, IL 60613 contact Corcoran Urban Real Estate.
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