$500,000
Welcome to this well-built, solid-brick 2-flat building in desirable Jefferson Park. Each unit offers 2 bedrooms and a full bath, and the large partially finished basement contains a shared washer/dryer, a common storage space, and has another half bath and shower. Right now, both units have reliable tenants on month-to-month leases who would be happy to stay. Both apartments have been well-maintained but could potentially be updated. If you modernized them, they would undoubtedly command higher rents. With additional modifications, the basement could be combined with the first-floor unit to add another bedroom or private rec room to create a large owner's unit. Another possibility would be to convert this whole charming building into a lovely 3000 sq ft single family home on this larger than standard city lot. It's 30x125. There's a nice backyard and a 2-car garage. This property is surrounded by various amenities, including restaurants, shops, and school options. There are also parks and other recreational facilities nearby. The location is ideal for its neighborhood feel and for easy commuting. A bus stop is just down the block, providing a quick 6-minute ride to the Jefferson Park transit terminal with the Blue Line, Metra, and buses. The Kennedy (90/94) is less than half a mile away, and O'Hare is a short 10-minute drive. It's worth noting that this property is being sold "as is." It's an excellent investment opportunity that awaits your personal vision.
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4905 Marmora Avenue, Chicago, IL 60630 — 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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