Located in the vibrant and highly desirable Lakeview neighborhood of Chicago, this property presents a unique opportunity for both investors and owner-occupiers. It is a 3-flat with a coach house. Currently, the first-floor space is rented as a one-bedroom, one-bathroom residence, Buyers should perform their own due diligence regarding the permitted use of this space. Long-term tenants are in place, and there is potential to raise rents with some updates and TLC. The building is being sold as-is, with some repairs and renovations needed. Situated in a walkable neighborhood, the property is close to parks, recreational areas, and iconic attractions like Wrigley Field. It is also conveniently located near major grocery stores, including Whole Foods and Jewel, within walking distance. The area is surrounded by boutique shops, popular restaurants, and vibrant nightlife, with excellent public transportation options nearby, including CTA trains and buses. With its versatile layout and prime location, this property offers substantial investment and development potential, making it an ideal choice for those looking to capitalize on the thriving Lakeview market.
Listing Courtesy of Midwest Real Estate Data / Coldwell Banker Realty / Olya Ellis
$339,900 (USD)
Chicago Area Multi-Family Home
Active
2335 N Merrimac Avenue Chicago, IL 60639
4 Bed
2 Baths
sqft
MLS# 12493540
Great opportunity! A brick two-flat located in Chicago's Belmont Cragin neighborhood offers an excellent opportunity for both owner-occupants and investors. Each unit features two cozy bedrooms and one bathroom, making it ideal for someone looking to live in one unit and generate rental income from the other. The full basement, while requiring some work, provides versatile potential for creating a recreational space, additional living areas, or custom design to suit personal needs. The large fenced yard with a patio offers ample outdoor space for relaxation, outdoor entertaining, or family gatherings. Conveniently situated near Riis Park and other local parks, with easy access to public transportation, schools, and a variety of shopping and dining options, this property combines renovation potential with a prime neighborhood setting. Whether you're seeking a solid investment or a flexible owner-occupant home, this property has great potential to meet your needs. This property is being sold as-is.
Listing Courtesy of Midwest Real Estate Data / Coldwell Banker Realty / Olya Ellis
$1,750 / mo (USD)
Westmont Area Rental Home
Active
514 Brookside Drive C Westmont, IL 60559
2 Bed
1 Baths
900 sqft
MLS# 12493708
Spacious two-bedroom, one-bathroom apartment on the top floor, featuring new laminate flooring runs throughout for a clean updated feel, a brand-new refinished bathroom and a modern kitchen with quartz countertops. The apartment has been freshly painted throughout and includes two balconies one off the kitchen and one off the living room. Wall-mounted AC unit provides cooling, and heat is included in the rent. Coin laundry with access from units back door. A great layout with ample natural light and convenient top-floor privacy. The floor plans were generated using an app, and square footage should be verified for accuracy. Two assigned parking spots and one locker storage are included for added convenience. Heat and water are paid by the owner, while the tenant is responsible for electricity. First month's rent and the security deposit are due at lease signing. No smoking is allowed on the premises. Tenants must have good credit and provide proof of income. Pets are negotiable (weights and count limitation) additional pet rent applies.
Listing Courtesy of Midwest Real Estate Data / Coldwell Banker Realty / Olya Ellis