Property Description

Exceptional investment opportunity just minutes from Downtown Chicago! This fully leased legal 3-unit Greystone offers strong cash flow potential with a total of 9 bedrooms and 3 full bathrooms, featuring spacious 3 bedroom, 1 bathroom layouts in each unit. The property boasts approximately 3,882 square feet of finished living space, with roughly 1,294 square feet per floor. Completely rehabbed in 2022, the building combines classic Chicago charm with modern upgrades throughout. Improvements include new furnaces, central air conditioning, water heaters, in-unit washer and dryers, premium kitchen appliances, granite countertops, 42 soft-close cabinetry, luxury vinyl plank flooring, and new windows. The exterior features a new extra-deep concrete parking pad with secure metal gates. All units have separately metered gas and electric utilities, making management more efficient for investors. Current rental income includes $1,900/month for the first-floor unit, $1,750/month for the second-floor unit, and $1,650/month for the garden unit. The first-floor and second-floor units are currently on month-to-month leases, while the garden unit is leased through December 31, 2026. A turnkey, income-producing asset perfect for investors looking to expand their portfolio with a stabilized multi-unit property in a convenient location.

Property Features

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