$1,000,000
Well-located legal 3-flat with four (4) 2BR/1BA units plus a separately leased private garage, offering immediate income with strong long-term upside. Situated just one block from The 606 and a short walk to the CTA Western Blue Line, with easy access to I-90/94-this is a highly desirable rental corridor with consistent tenant demand. All units feature functional, spacious layouts and are well-positioned for rent growth through light cosmetic updates. Rents are currently below market, presenting a clear value-add opportunity for investors seeking to increase cash flow. The property includes an upgraded, expansive, light-filled owner's unit, ideal for an owner-occupant or premium rental. Additional income is generated from a privately leased garage at above-market rent, further enhancing overall returns. Excellent opportunity to acquire a stable asset in a prime West Town/Logan Square adjacent location with both in-place income and future upside.
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1707 WASHTENAW Avenue, Chicago, IL 60647 — Cook County
IL License 475.178467 · (847) 810-8438
* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate
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