For Sale, USD 935,000
Chicago, Illinois, United States
Property Type : Multi-Family Home
Property Style : N/A
Build Size : N/A
Land Size : N/A
Bedroom : 8
Bathroom : 3
Half Bathroom : 3
MLS#: 12761554
Property Description
Exceptional investment opportunity in prime Loyola University location generating over $105,000 in annual rental income! This classic brick two-flat features two bright and spacious 3-bedroom, 1.5-bath apartments, plus a beautifully renovated 2-bedroom, 1-bath garden unit. The upper apartments offer generous room sizes, hardwood floors, abundant natural light, updated kitchens and baths, and charming front and rear sunrooms. The garden level was recently renovated with a modern kitchen, stainless-steel appliances, stylish bath, updated flooring, and recessed lighting. Fully rented with leases extending through May and June 2027. The building has a history of exceptional tenant demand with zero vacancy due to its proximity to Loyola University. Additional highlights include a two-car garage, flood-control system, new boiler and water heater, numerous capital improvements, and potential to add a fourth bedroom to the upper apartments for additional income. Ideally located near Loyola University, the Red Line, lakefront, restaurants, shopping and neighborhood conveniences. Garden unit is non-conforming; seller makes no representation regarding its legality. Licensed Illinois real estate broker has ownership interest in the property.
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6449 N Lakewood Avenue, United States,Illinois,Chicago is a Chicago luxury Multi-Family Home listed for sale USD 935,000. This high end Chicago Multi-Family Home is comprised of 8 bedrooms and 3 baths. Find more luxury properties in Chicago or search for luxury properties for sale in Chicago.