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$550,000
Est. payment /mo
4 Beds
2 Baths
UPDATED:
Key Details
Property Type Multi 2-4 Units
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12667107
Bedrooms 4
Year Built 1908
Annual Tax Amount $11,344
Tax Year 2024
Lot Dimensions 25x59x29x74
Property Sub-Type Two to Four Units
Property Description
Rare redevelopment or investment opportunity in the heart of Lakeview. Solid brick 2-flat featuring two 2-bedroom, 1-bath apartments with long-term tenants currently on month-to-month leases. Rents are below market, offering immediate upside potential for investors or future redevelopment. Property is zoned B1-3 and is being offered exclusively as part of a package sale with the adjacent property at 3248 N. Lincoln Ave. Prime location near transportation, shopping, dining, and neighborhood amenities. Excellent opportunity to assemble a larger development site in a highly desirable Lakeview location. Sold as-is. Unfinished basement.
Location
State IL
County Cook
Area Chi - Lake View
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating Forced Air
Fireplace N
Building
Lot Description Irregular Lot
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Lake Michigan
Structure Type Brick
New Construction false
Schools
Elementary Schools Burley Elementary School
Middle Schools Burley Elementary School
High Schools Lake View High School
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Robert Munds of Jameson Sotheby's Intl Realty
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