$749,000

Multi Family In Chicago

  • 7 Beds
  • 3 Baths
  • Updated: September 9
  • Source:
    Midwest Real Estate Data (MRED)  MLS#12749582

About the Property

JUMBO BRICK LEGAL 3-FLAT on an EXTRA-WIDE 31’ x 126’ LOT! An exceptional opportunity for both investors and owner-occupants, this well-maintained three-unit property offers 7 total bedrooms and 3 bathrooms with generously sized interiors throughout. The building features a 1-bedroom/1-bath garden unit and two spacious 3-bedroom/1-bath residences on the first and second floors. All three units unde
JUMBO BRICK LEGAL 3-FLAT on an EXTRA-WIDE 31’ x 126’ LOT! An exceptional opportunity for both investors and owner-occupants, this well-maintained three-unit property offers 7 total bedrooms and 3 bathrooms with generously sized interiors throughout. The building features a 1-bedroom/1-bath garden unit and two spacious 3-bedroom/1-bath residences on the first and second floors. All three units underwent extensive renovations in late 2020, including remodeled kitchens and bathrooms and updated appliances, creating move-in-ready spaces while maintaining the building’s original character and woodwork. Each residence offers an extra-wide floor plan, spacious rooms and large eat-in kitchens. Three separate HVAC systems allow tenants to control their own gas and electric, while water, sewer and garbage are included. Additional features include coin-operated laundry, basement and rear-stairwell storage, a fenced backyard with patio space, and a 2-car garage with covered parking. Ideally located just three blocks from the Addison Blue Line with convenient access to I-90/94, shopping, dining and neighborhood amenities. With strong rental appeal, potential for increased rents, an extra-wide lot and substantial updates already completed, this is a compelling opportunity to live in one unit while generating income from the others or add a turnkey multi-unit property to an investment portfolio. All units are currently tenant-occupied; therefore, the property is not available for immediate owner occupancy. Lease dates posted.
  • Property type

    Other

  • Year built

    1926

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3344 N MONTICELLO Avenue, Chicago, Illinois, United States View on Google Maps
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Compass - Chicago

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Compass - Chicago
Illinois, United States
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Compass - Chicago
Chicago, Illinois, United States
View agency profile
Last updated
September 9
First listed
Sep 9
Listing reference
12749582
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