$699,000

5 Bed, 0 Bath, Approx - Sq Ft

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Prime location!! Priced to sell. High rents. Generates lots of cash, nearly $5K/mo. Beautifully renovated 2-Flat plus bonus in-law apartment in the heart of Andersonville. Steps to the heart of the Clark Street corridor with tons of restaurants, outdoor cafes and night life. Live a 45 second walk to Marty's Martini Bar and Hamburger Mary's. Walk to Jewel grocery store. All units were beautifully gut-rehabbed with $225K+ in improvements. All windows were replaced, refinished dark stained hardwood floors, new central heat/air, building was tuckpointed, new roof installed. Unique kitchen layouts with new 42-inch white cabinets and white granite spilling into back room with exposed brick, recessed lighting in kitchen. New ceiling fans throughout. High ceilings, top-down-bottom-up blinds. New patio was installed with pavers. New gates in front and back and new siding on 2-car garage. All-new back stairs. Master key system created, nice yard, storage closets, newer coin laundry in basement. In-law apartment has low ceilings but spent $40K on apartment just two years ago. It's nicely appointed with granite in kitchen with SS appliances, huge bathroom, huge walk-in closet and egress window. Seller nor realtor represent the legality of in-law apartment. Cap rate is over 6%. Realtor is seller's brother.

Status: RACT

Partner Agent

Tom Brown

Phone: 312-502-8213

Email: tb@sparrowrealty.us