3087 N Elbridge Avenue, Chicago, Cook County, IL, 60618 Chicago IL US

USD 1,499,900
For Sale MLS: 11761213

Property Details

Bedrooms

7

Bathrooms

3

Neighborhood

Jackowo

Property Type

MultiFamily

Description

Located just off of Milwaukee Avenue, Kimball Avenue, and near Belmont, this 50-foot-wide lot brand new four-unit building is perfect for an owner-occupier or an investor. Completed in late 2022, the building features a separately pinned 25 x 125-foot lot, providing added value and potential for future development. Generating $11,250 per month, this building offers a great value and excellent cash flow potential from day one. The building consists of two duplex apartments, including a three-bedroom, two-bath unit, a two-bedroom den and two-bath unit, as well as two one-bedroom, one-bath units. There are also three exterior parking spaces and a private two-car garage for convenience. This property boasts loads of outdoor space, including a side yard that is pet-friendly and all grass. All units feature in-unit laundry, central air conditioning, central heating, stainless steel appliances, quartz counters, custom cabinets, organized closets, and storage, and hardwood floors, providing both luxury and comfort for tenants. West facing, the property enjoys great natural light, and it is located on a tree-lined, quiet street within walking distance to the CTA blue line station, Belmont. The adjacent standard lot also can be sold with a separately pinned lot at 3085 N. Elbridge for $299,900 and features a 2 car garage and grass side yard. This property provides an excellent investment opportunity for anyone looking to add a turnkey, high-quality building to their portfolio in a prime location. Don't miss out on the chance to own this incredible property, contact us today to schedule a showing! Find out more about this property. Request details here

Location

Address

3087 North Elbridge Avenue, Chicago, Illinois 60618, United States

City

Chicago

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