Property Description

Legal 3 Unit in Chicago's popular Irving Park neighborhood, with cap rate over 7.5% (with vacancy factored in!! These units feature nice light, and have always rented easily for the current owner. Sit back with these strong performing units, or owner occupy - the choice is yours, but with all 3 tenants wanting to stay...the best move is for an investor who wants strong return. Unit 1 features updated white kitchen with granite counters & stainless steel appliances, and pretty engineered hardwood floors in the living area. Two nice-sized bedrooms, with a walk-in-closet, plus dedicated laundry out the back door for this unit. The 2nd floor is bright and cheery, with tall ceilings , spacious living/dining room and eat-in kitchen with huge window and vinyl plank floors. Two nicely sized bedrooms as well! The top floor is a 1 bedroom, with the current tenants using the living room as combination bedroom/living area. This unit enjoys spacious kitchen with window, as well as private, in-unit laundry and a walk-in closet. There's a front yard as well as a (fenced) back yard & covered rear patio - perfect for outdoor fun, and with enough space where each tenant can have their own outdoor time without feeling cramped...a huge bonus for the neighborhood! Recent building updates include siding (2025) and water heater (2024). Tenants pay their own gas & electricity. Convenient location near CTA Bus and Irving Park blue line, near restaurants and the best part....down the street from Miko's Italian Ice! Great option for FHA/VA. Come see!

Property Features

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