Value-Add Two Flat Apartment Building in Chicago

$70,000
1634 S. Komensky Ave.
Chicago, IL 60623
2,000 SF
Apartment Building
  • Two flat apartment building with upside potential on Chicago's west side

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.