4 bedroom house for sale

Chicago IL 60634

Overview

Stunning Newly Renovated Two-Unit Property in Belmont Cragin, Chicago Discover this exceptional investment opportunity in the highly desirable Belmont Cragin area of Chicago. This beautifully renovated two-unit property is perfect for both homeowners and investors looking for modern living spaces and excellent financial returns. Highlights of this property include: - Large, Well-Maintained Traditional Chicago Yellow Brick Building: Featuring charming octagon-shaped architecture with stone accents, this property has been lovingly cared for by the owner for many years. - Spacious Units with Elegant Features: Each floor boasts a large, formal octagon-shaped living room with a decorative fireplace, French doors leading to a formal dining room with ceiling fans and wall accent lights, and beautifully maintained hardwood floors throughout. - Modern Kitchens and Bathrooms: Both units offer large eat-in kitchens with plenty of cabinets, counter space, and included appliances. The modern bathrooms feature elegant vanities, ceramic tiles, and glass shower doors. - Comfortable Living Spaces: The first floor has two spacious bedrooms and a heated tandem room with a closet. The second floor also features two spacious bedrooms, and both floors include enclosed porches. - Income-Generating Garage and Impressive Financials: The two-car garage is currently leased for extra rental income, and with a Net Operating Income (NOI) of $58, 000 per year, this property promises strong returns on investment. - Fully Finished Basement: Offering additional living space with a laundry room, washer/dryer, two bedrooms, a full bath, a summer kitchen, high ceilings, and two formal entrances. - Recent Upgrades: The roof was resealed four years ago, windows have been replaced, and the first-floor boiler was replaced in December 2022 (second-floor boiler in 2010). The building also features excellent tuckpointing throughout, 100-amp electric per unit, and newer sidewalks. - Prime Location: Close to schools, transportation, plazas, and supermarkets, making it an ideal location for tenants.

Details

  • Beds: 4
  • Baths: 3
  • Price: $675,000
  • Reference No.: 73832174
  • Area: 2,300 sqft

Location

Chicago IL 60634

4 bedroom house for sale

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2024-07-10, Viewed 0 times.