$1,550,000

Exceptional, Rare 3-Unit Investment Opportunity in Prime Logan Square Location. Discover this meticulously maintained, red brick 3-unit property nestled on a charming, tree-lined street in the heart of Chicago's vibrant Logan Square neighborhood. This turnkey property offers a blend of classic Chicago architecture and modern conveniences, providing steady rental income and strong appreciation potential. Maintenance: The front exterior of this building has been extensively rebuilt by the an expert mason known for historic preservation, adhering to Logan Square's preservation guidelines. The front porch and a portion of the facade were completely reconstructed with a focus on historic preservation. This significant capital improvement means the new owner will not need to address these aspects. Additionally, tuckpointing has been completed on the parapet walls, and the roof was professionally installed approximately 15 years ago, ensuring long-term structural integrity.. Shared laundry facilities available in the basement. Property includes a sturdy 2-car brick garage with one parking spot available for the new owner. Unbeatable proximity to Logan Square's eclectic mix of restaurants, cafes, boutiques, and entertainment options. Easy access to public transportation and major highways ensures seamless connectivity to downtown Chicago and surrounding areas. This property offers immediate and consistent income with leases secured well into 2024 and 2025 (depending on which unit). Unit 1 is available for the next owner! The blend of updated amenities and preserved historical charm makes these units highly desirable for current and future tenants. Garden Unit: Spacious 1 bedroom, 1 bathroom plus den. Separate living and dining areas, full bathroom located at the rear, and 8-foot ceilings enhancing the airy feel. Original built-in features and gleaming hardwood floors throughout. Outdoor Space: Enjoy a private front outdoor area perfect for relaxing. Unit 1 Layout: Comfortable 2 bedrooms, 1 bathroom plus den. Open and inviting living and entertaining areas with the den seamlessly connecting to the living room. Separate, generously sized kitchen located at the back, complete with a real pantry for ample storage. Soaring 9-foot ceilings, original built-ins, and hardwood floors throughout. Exclusive access to a back deck off the kitchen and a front balcony, ideal for enjoying morning coffee or evening sunsets. Unit 2 Spacious 2 bedrooms, 1 bathroom plus den. Den opens into a bright front room and flows into the living area, creating a versatile and open layout. Large, well-appointed kitchen perfect for home chefs. 9-foot ceilings, hardwood floors throughout, and in-unit washer and dryer for added convenience. Enjoy outdoor living with both front deck space off the den and a brand-new back deck ideal for entertaining. Seize this rare opportunity to own a premium multi-unit property in one of Chicago's most sought-after neighborhoods. Whether you're a seasoned investor or looking to occupy one unit while renting out the others, this property offers versatility and impressive returns. Open houses 09/14 and 09/15 from 11am- 1pm.

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Amenities

• Bedrooms: 5
• Full Bathrooms: 3
• Partial Bathrooms: 0
• Property Type: MU
• Architectural Style: Brownstone
• Home size: 0 ft² / 0 m²
• MLS: 12160823
• Status: Active

Map

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