$1,125,000

This 3-unit income producing property sits in an A+ location in the very heart of Lakeview, one of Chicago's most popular neighborhoods. It features a 4BR, 2BTH duplex-up penthouse with large eat-in kitchen that would make a beautiful owner's unit, and two, 2BR/1BTH apartments as well. Situated in close proximity to public transportation, including the Belmont "L" station which is just 2.5 blocks away with access to the Red, Brown and Purple lines, there are numerous restaurants, shops and entertainment options all right outside the door, including Wrigley Field which is just 2 blocks away. This property has favorable RM-5 zoning and generates rental income approaching $100,000 per year with room for increased rents, especially with further cosmetic improvements. All tenants pay for their own gas, electric, and heating bills so owner costs are low. Each unit in the building has its own unique layout and features, such as hardwood floors, in-unit laundry, dishwashers, private decks and spacious living and dining areas. Additionally, there is 2-car parking in back which the owner is renting out via SpotHero App which generates on average more than $700 per month. This charming and well-maintained apartment building is solid, with solid returns and room to increase income. It also sits in the very popular Nettelhorst School District. There couldn't be a better location for your long-term investment!