Rental income potential! Situated in the sought after Ravenswood Manor neighborhood and highly rated Waters school district, this spacious brick 2-flat on a quiet tree-lined one-way street offers lucrative rental income potential. Whether you're an investor looking to capitalize on the thriving rental market or a homeowner seeking additional income, this property is perfect for you. Just steps from Horner Park and the Chicago River, this sizable property boasts a first floor duplex unit featuring 2 bedrooms plus sunroom/office and full bath upstairs and 3 bedrooms plus a full bath and laundry/storage space downstairs. The second floor unit is a 3 bedroom one bath and is tenant occupied collecting rent month to month. Both units include ample living space with separate eat-in kitchens, dining rooms, decorative fireplaces and hardwood floors. Additional highlights include an enclosed back porch for extra storage, new fence and fire pit (2022) in the backyard for added comfort and privacy. Two car garage with new garage door opener and motor with Aladdin WiFi capability provide added convenience. With long-term tenants on the second floor willing to stay, this is an opportunity not to be missed! Property is being sold AS IS. Please use 7.0 contract. Updates include: **New copper plumbing, French drains in yard (2024)**New sump pump and hot water heater (2023)**New kitchen hood vent (2023)**New first floor toilets & vanities (2022)**New stainless steel garage refrigerator (2022)**New garage side door (2024)**Keyless locks (2023)**New second floor toilet & vanity, new electrical box on first floor (2020)**New refrigerator, dishwasher and washer/dryer on second floor (2020)**New chimney (2019)**
Property Map
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Property Details
Utilities
Heating Steam
Cooling
Water Lake Michigan, Public
Sewer Public Sewer
Additional Information
Exterior Features
Patio
Parking
2 Garage Spaces, Garage Door Opener(s), Garage On Site, Owned, Parking included in price
Schools
Roosevelt High School (299), Waters Elementary School (299), Waters Elementary School (299)
Listing provided by Keller Williams Preferred Rlty
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