Investors Delight! Choose your money making plan! Desirable Old Irving location with great commuting access via expressways, bus and rail. 95 Year old, all brick 2 Story, 3,300+ SF home converted to a legal, non-conforming 6 unit building sometime after WW2. Good opportunity for immediate & ongoing growth in rents with current use. Great gut rehab prospect to de-convert, restore/rehab into a large single family home. Redevelopment opportunity exists without zoning change as current RT-4 zoning allows for the construction of 8 condominiums on this over sized 50' x 174' lot with alley access. Current month-to-month tenancy affords owner flexibility and does not restrict future change in use. New HW Heater (2016); Tear-off shingle roof (2002). Side drive, 2 car detached brick garage. Agents, see Agent remarks about a required approval to redevelop this property. Agents again, see Agent remarks about details of the contingency that has a 72 hour kickout.
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For more information about 4242 N Kedvale, Chicago, IL 60641 contact Corcoran Urban Real Estate.
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