843 N Hoyne

Chicago, IL 60638

Incredible opportunity to acquire a recently renovated six (6) flat walk-up building, located near the intersection of Hoyne and Chicago, in the absolute heart of the much desirable Ukrainian Village neighborhood! The property consists of five (5) 2bed/1bath units and one (1) 1bed/1 bath unit, as well as two additional unfinished basements units, with the potential to add an 1 or 2 Additional Dwelling Units. (Building is located within the initial pilot program, starting May 1st!). All units have washer/dryer in unit, as well as central air/heat, updated kitchens, bathrooms and private porches for all rear units. Building was gut-renovated in 2016 including all new electric, mechanicals, updated plumbing as well as new windows and back porch. The property is ideally located within steps of Wicker Park as well as one block from Mariano's, multiple restaurants, bars, shopping locations and nightlife that both Chicago Ave. and Division St. have to offer! The Property is situated steps from multiple CTA bus stops and under 1 mile from the Western Metra Station. This offering provides a new investor with the opportunity to acquire a turn-key, stabilized, well performing real asset in an irreplaceable location with substantial rental upside and value-add opportunities by duplexing down the first floor units or adding additional legal units to the property. The subject properties upgrades and maintenance also allow for a new ownership group to capitalize on the phenomenal rental market in Ukrainian Village while limiting their exposure to future capital expenditures.