Property Description

One of few remaining prime real estate opportunities in close proximity to Chicago downtown and across of the street from Douglas Park, with all amenities and transportation options steps away in a rapidly appreciating area. 1607 & 1609 Sawyer are timeless Greystones that feature a total of (18) bedrooms, (6) baths combinate with over 1500+ sq ft of living space or storage. Please note the price is only for 1609. New owner of 1607 S. Sawyer has option to purchase adjusted double lot on 16th street at FMV (confirmed with City of Chicago) for additional opportunities. Both buildings are fully tenants occupied with rents currently below market value but can be adjusted after light cosmetic rehab at buyer's discretion. Each unit contains their own dedicated HVAC, water heather and electrical panels condo style. Buildings are priced on recent sold/contingent comps in the area. Buyer would need to purchase property subject to existing tenants. Seller will entertain offers for each building individually but would prefer both buildings be sold as a package deal potential further savings to buyer and a quick closing is preferred.

Property Features

Local Schools