Excellent Opportunity in Prime Albany Park location. Nearly impossible to locate two LARGE habitable units at this price w/ GARDEN unit OR DUPLEX unit option. Top 2 units feature almost 1500 square feet of living space w/ hard to find kitchen-dining room combo & space for in-unit laundry. Separate Sunrooms overlooking tree-lined Lawndale provide great option for office or studio space. Lower level fully finished featuring 7.5' ceilings, separate furnace, front & rear entrance. See Floorplans for building's incredible potential. Owner occupants can live here mortgage free! Investors - 6.5% cap rate, 8%+ cap proforma. Market rent: garden: $1000 1st floor: $1500 2nd floor: $1700. Updated units will get $200 - $400 more per unit. Property has been lovingly owned and occupied by same family for 20 years - Never used by renters! Updates recommended throughout including extensive facade repairs. Garden unit not in zoning compliance.**No offers considered until after 1st weekend of showings**
Property Map
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Property Details
Utilities
Heating Gas, Forced Air, Hot Water/Steam, Radiators, 2+ Sep Heating Systems
Cooling
Water Lake Michigan, Public
Sewer Sewer-Public
Additional Information
Parking
Garage Door Opener(s), Transmitter(s), Garage On Site, Owned
Payment Calculator
Listing History
07-17-2018
Listed at $350,000
07-24-2018
Status changed to Under Contract
08-07-2018
Status changed to Cancelled
Last Modified 8/7/18 10:51 AM
Nearby Transportation
Bus 81
0.1 mi
Bus 82
0.4 mi
Bus 93
0.4 mi
Bus 53
0.4 mi
Bus 92
0.4 mi
Bus 78
0.6 mi
Bus 80
1.1 mi
Bus 54A
1.2 mi
Brown Line
0.4 mi
Blue Line
1.2 mi
I 94 West
1.1 mi
I 90 West
1.1 mi
I 90 East
1.2 mi
I 94 East
1.2 mi
For More Information
(312) 528-9200
For more information about 4833 N Lawndale, Chicago, IL 60625 contact Corcoran Urban Real Estate.
Broker Reciprocity
Listing provided by Captain Realty LLC
All information provided is deemed reliable but is not guaranteed and should be independently verified.
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Real estate listings held by brokerage firms other than Urban Real Estate are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
