$425,000
Nestled in the heart of Jefferson Park, this meticulously maintained brick 2-flat presents an exceptional investment opportunity. Boasting a prime location near the Blue Line and expressway access, this property features two 2-bedroom, 1-bathroom apartments, each with enclosed porches. The first-floor apartment features formal dining room, ideal for entertaining and enjoying family meals. Kitchens in both units have granite counters and dishwashers. In addition, apartments have beautiful hardwood floors throughout living areas and separate HVAC systems installed in 2020. Roof, gutters, downspouts, fascias, soffits, and porches have been replaced in 2012, providing peace of mind for years to come. Additional updates in 2012 include new windows, exterior doors, concrete sidewalk, electric panels, hot water heaters, flood prevention back-flow pump, drywall, appliances, and laundry facilities. A two-car garage provides convenient off-street parking for residents, with additional street parking available. Situated in Jefferson Park, this property offers easy access to public transportation. Proximity to the expressway offers added convenience for those who need to travel by car. With local amenities, parks, and schools nearby, this location has a vibrant neighborhood charm. Tenants pay all utilities. Gross income $34,800. Insurance $1,140, Water, sewer, trash around $240 per month. First floor Lease expires 06/30/24, second floor mtm. Short lot (114'), ideal for an owner looking for a minimal yard maintenance.
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5349 Lovejoy 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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