Savvy investment opportunity! Rarely available & Prime Edgewater large vintage three flat w/full basement. While maintained over the decades, this property is in need of repairs and a lot of TLC. Large unit floor plans offer a developer/investor/homeowner the ability to add in-unit washer and dryers & second bathrooms. Possibility to add a legal garden unit or duplex owner's unit for higher rents; current rents below market. Each unit has moldings, fireplace surrounds, panoramic front sunrooms, back enclosed porches all w/vintage charm and character. With improvements, there are endless options to increase value, rents, or even condo the building. Units have newer windows in most rooms & appliances.Walking distance to Thorndale Redline Stop, Broadway Shops, new Whole Foods Market, and Restaurants. Long-term month to month tenants in Units 2 & 3. Property sold AS-IS.
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For more information about 5945 N Lakewood, Chicago, IL 60660 contact Corcoran Urban Real Estate.
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