Tucked away on a tree-lined street this charming 1892 brick 3-flat in bustling Noble Square is an amazing investment opportunity. The building has been completely updated over time with most work taking place between 2007-2019 including a tear-off roof 6 years ago, $40k worth of tuckpointing and facade work, new steel lintels, new limestone window sills, new electrical and plumbing, and interior cosmetic upgrades. Each unit features hardwood floors, kitchens with granite countertops (Unit 1 & 2) and stainless steel appliances, central heating/air and in-unit washer and dryer. This building is a perfect opportunity for a turn-key investment and has potential for improvements to achieve higher rental prices. 2nd floor (2bd/1ba) lease expires in October and 1st floor (3bd/1ba) is month to month so would also be a great owner-occupant opportunity as well. This location cannot be beat! Just a few blocks away from the CTA Chicago Blue Line, Chicago Ave Bus line, 90/94 Expressway making getting downtown a breeze. Huge selection of popular restaurants along Chicago Ave and Ashland Ave make this location a foodie haven. Also a couple blocks away is community hub Eckhart (Bernard) Park featuring a playground & sports fields, plus an indoor pool & fitness center.
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For more information about 751 N Elizabeth, Chicago, IL 60642 contact Corcoran Urban Real Estate.
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