Property Overview
Interra Realty has been exclusively engaged to present the attached property for sale. The attached subject opportunity is a four-unit investment property in the heart of Chicago's Lakeview Neighborhood. The building features a strong unit mix of three three-bedroom one-bath units and one two-bedroom one-and-a-half bathroom unit in the Coach House located in the rear of the property. The building also offers some outdoor space between the two building structures.
The property itself has been well maintained but features older electric and plumbing. The asset creates an opportunity for a new owner to step into a well-located property and add value through a light renovation that will increase the rent roll as well as the overall value of the property over time.
The property sits just west of the Belmont "L" Station and is steps away from some of Chicago's most popular dining, retail, and nightlife. The attached subject property creates a rare opportunity for a new owner to walk into a well-maintained property with strong upside in one of Chicago's most popular and sought-after submarkets.
Highlights
- Value Add Opportunity in Lakeview
- Strong Unit Mix Consisting of Two and Three-BedroomUnits
- Ideal Location in Heart of Lakeview
- Individual HVAC and Hot-Water Heaters