$599,900


7 Bed, 0 Bath, Approx - Sq Ft


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Fantastic cash cow in Old Irving Park for seasoned investor or live in owner. Legal 4 unit plus in law apartment on huge double lot. Top floor is a 3bd 1.1ba unit that runs the length of the building. First floor has three units consisting of two 1bds and a studio. Larger 2bd unit in basement. Coin laundry in building for extra income. Oversized brick 4 car garage that rents for $600/month. The building grosses over 72k fully rented. Current 8.8% cap rate. Yes over an 8 cap in a great area. Newer electrical service(2014), water heater(2015) and roof(approx 2009). Fantastic location just blocks away from Blue Line, Metra, shops and restaurants. Great location for Air BnB rentals to increase revenue. This is also a divisible lot ready for 2 single family homes. Lots of options. Property is in good shape but is sold AS-IS. Dont miss this opportunity!!!!

Status: CLSD


Partner Agent

Tom Brown

Phone: 312-502-8213

Email: tb@sparrowrealty.us




Assigned Schools:
School Low Grade High Grade SchoolSparrow Score
Belding Elem School PK 8 3
Schurz High School 9 12 2

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