970 W. MONTANA STREET
Property Overview
Interra Realty has been exclusively engaged to market the attached subject property for sale. The attached subject opportunity is a four-unit apartment building in the heart of Chicago’s Lincoln Park Neighborhood. Located just steps from Sheffield in the heart of DePaul’s campus, the property consists of two five-bedroom, two-and-a-half bathroom apartments, one four-bedroom two-bathroom apartments and one additional unit that is currently vacant. The zoning of the property was approved for two additional residential apartments, allowing for the current single vacant space to be converted into two
dwelling units and no parking.
The property was purchased from DePaul in 2021 and was meticulously maintained by prior ownership as well as with the current owner. The building features updated electrical, plumbing, individual HVAC, individual hot-water heaters, and in-unit laundry. Additionally, three of the apartments have been completely gut renovated with new interiors featuring new kitchens, bathrooms, and flooring. The attached subject opportunity allows for a new investor to step into an asset with a second to none location with immediate upside to add additional approved dwelling units.
Highlights
- Dynamic Lincoln Park Location, Steps from DePaul
- Updated Apartments Throughout
- Individual HVAC, Hot-water heaters, and In-unit Laundry
- Upside Through Conversion of Vacant Unit into Two
- Additional Approved Apartments