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Listed by Michelle Quanof Coldwell Banker Realty
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Est. payment | /mo
7 Beds
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Est. payment | /mo
7 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12722849
Bedrooms 7
Year Built 1923
Annual Tax Amount $11,512
Tax Year 2024
Lot Dimensions 30 X 125
Property Sub-Type Two to Four Units
Property Description
SECOND CHANCE AT AN EXCEPTIONAL LINCOLN SQUARE PROPERTY! Back on the market after the previous buyers were unable to move forward. This beautifully maintained 2-unit property features a rare DUPLEX-UP + DUPLEX-DOWN configuration with 7 BEDROOMS, 4 FULL BATHS AND A 2-CAR GARAGE. The 4-bedroom duplex-up is NOW VACANT AND EASY TO SHOW, offering excellent upside potential for an owner-occupant or investor. Live in one unit and collect rent from the other, lease both DUPLEXES, or explore the conversion to a spectacular single-family home. Unit 1 is a spacious 3-bed/2-bath duplex-down with a renovated kitchen, stainless appliances, granite counters, island, updated baths and mudroom.The tenants for the DUPLEX-DOWN are currently finishing up a 2 year lease on 4/27, with large upside potential to significantly increase the monthly rent. Unit 2 is an expansive 4-bed/2-bath duplex-up with a renovated kitchen, breakfast island and separate dining area. Both units have IN-UNIT LAUNDRY. Enjoy a beautifully landscaped property, private gated backyard with custom pavers and a large entertaining/grilling area, plus a detached 2-CAR GARAGE. Fantastic location on a quiet, one-way, tree-lined street near Winnemac Park, restaurants, shopping, transportation and everything Lincoln Square has to offer including Lincoln Avenue. INCREASED RENT + VACANT DUPLEX-UP + PRIME LINCOLN SQUARE LOCATION. Easy to show - don't miss this opportunity!
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Finished, Exterior Entry, Full, Walk-Out Access
Interior
Heating Natural Gas, Forced Air, Steam
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan
Structure Type Fiber Cement
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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