$575,000

Prime Lincoln Square Investment Opportunity!

  • 5 Beds
  • 2 Baths
  • MLS#12727586

About the Property

Prime Lincoln Square Investment Opportunity! Exceptional all-brick two-flat situated on an oversized 30’ x 126’ Chicago lot in the highly sought-after Waters Elementary School District. This classic Chicago multifamily building offers excellent owner-occupant or investment potential with both units delivered vacant. Unit #1 features 2 bedrooms and 1 full bathroom, while Unit #2 offers 3 bedrooms a
Prime Lincoln Square Investment Opportunity! Exceptional all-brick two-flat situated on an oversized 30’ x 126’ Chicago lot in the highly sought-after Waters Elementary School District. This classic Chicago multifamily building offers excellent owner-occupant or investment potential with both units delivered vacant. Unit #1 features 2 bedrooms and 1 full bathroom, while Unit #2 offers 3 bedrooms and 1 full bathroom. The expansive unfinished basement provides abundant storage, two washer/dryer hookups, dedicated laundry space, and utility/mechanical rooms. Major building improvements include a premium Bitec roof (approximately 2010) and a garage roof replacement (approximately 2021). The property is equipped with two water heaters (one serving each unit) and two separate boiler systems, including a larger boiler for Unit #2 (approximately 1998) and a second boiler for Unit #1 (approximately 2010). Each unit has separately metered gas and electric service, allowing tenants to pay their own utilities, including boiler heat, electricity, water heaters, and laundry. Outstanding opportunity to renovate, update, or add to your investment portfolio in one of Chicago’s most desirable neighborhoods. The property is being sold as-is.
  • Property type

    Apartment

  • Year built

    1910

Features

  • Garage
  • Outdoor Living Space
  • Investment Property
  • Basement
  • Washer Dryer

Explore the Area

4505 N Artesian Avenue , Chicago, IL 60625, Illinois, United States View on Google Maps
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Ilsa Conover

Joined 11 years ago
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Ilsa Conover
Illinois, United States
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2
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2016
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Jameson Sotheby's International Realty
Jameson Sotheby's International Realty
425 W North Avenue, 60610, Chicago, Illinois, United States
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Last updated
Today
First listed
Aug 14
Listing reference
6HGMV6
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