Value-Add Two Flat Apartment Building in Chicago
The Details
- 2,000 SF apartment buildingTwo flat with large 3 bed units
- Units have been updated with laminate floors, newer counters
- Second floor is duplex unit with den, storage and additional bath
- Potential to add value through leasing
- Individually metered units
- Building will be sold vacant
- Great potential for user or investor
- Close to Pulaski Pink Line station
- Land Area: 4,875 SF
- Zoning: RS-3
- Taxes (2018): $2,649
- Available as part of portfolio with 1643 S. Komensky For $120,000
Located in an Opportunity Zone
Close to the Pulaski Pink Line CTA station, a two flat apartment building is available for sale. The building features two large 3 bedroom apartments that have been updates with laminate floors and newer counters. The second floor unit is a duplex that includes a den, storage and an additional bathroom. One of these spaces can potentially be converted into a fourth bedroom, increasing the value. The units are individually metered. Located in an opportunity zone, this building has great potential for a user or investor. Property is available for sale as part of a portfolio with 1643 S. Komensky for $120,000.
On the west side of Chicago, this property is located close to public transportation as well as the shopping and dining along Ogden and Cermak.