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1651 W Irving Park Road,  Chicago IL, 60613

(Active)
$1,250,000
|
12 beds, 6 baths
|
MLS# 12031560
Last Updated: 5/3/2024 6:33 PM
Description for 1651 W Irving Park Road Chicago, IL 60613
An exceptional investment opportunity awaits at 1651 West Irving Park Road. This impressive 4-unit property boasts solid tenants in a desirable and convenient location. The property comprises a well-maintained 2-unit main building and a separate 2-unit coach house, both of which have benefited from recent upgrades including a new roof, ejector pit, and drain tiles installed in 2021, as well as recent tuck pointing. Notably, the property also presents the potential for an additional garden unit, which qualifies for an ADU permit. Upon approval, this would elevate the property to 5 income-producing units, further enhancing its investment potential. Prospective buyers can seize this opportunity to apply for the ADU permit and unlock the property's full income-generating capacity. Conveniently situated in the vibrant Lakeview neighborhood, this property offers a prime location for savvy investors seeking a rewarding addition to their portfolio. Don't miss out on this outstanding opportunity to secure a promising investment in a sought-after area.
Price
$1,250,000
Cook
12
6
12031560
Active
Description
An exceptional investment opportunity awaits at 1651 West Irving Park Road. This impressive 4-unit property boasts solid tenants in a desirable and convenient location. The property comprises a well-maintained 2-unit main building and a separate 2-unit coach house, both of which have benefited from recent upgrades including a new roof, ejector pit, and drain tiles installed in 2021, as well as recent tuck pointing. Notably, the property also presents the potential for an additional garden unit, which qualifies for an ADU permit. Upon approval, this would elevate the property to 5 income-producing units, further enhancing its investment potential. Prospective buyers can seize this opportunity to apply for the ADU permit and unlock the property's full income-generating capacity. Conveniently situated in the vibrant Lakeview neighborhood, this property offers a prime location for savvy investors seeking a rewarding addition to their portfolio. Don't miss out on this outstanding opportunity to secure a promising investment in a sought-after area.
Listing Information
Property Type: Multi-Family, Other
12 6
33 1891 Brick
North Chicago//
Concrete Perimeter
Public
Public Sewer
Neighborhood
Room Information
Interior Features
Ceiling Fan(s)
Gas Heat
Finished, Full
Exterior / Lot Features
Brick
50X100
MULTI
Driving Directions
Take north clark and turn east down Irving Park.
Financial Considerations
14192070030000
$18,905
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60613 has a population of 2,781,445.

The median household income in Chicago, Illinois 60613 is $88,199. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60613 is 38 years.

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Courtesy: Compass
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/3/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This content last refreshed on 5/3/2024 6:33 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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