Property Description

6-unit brick rental building located in the heart of the bustling West Ridge neighborhood. There are three front/West facing units, and three rear/East facing units. All units consist of 2-bedroom, 1-bathroom. Each unit offers a functional and open layout with hardwood floors throughout, a decorative fireplace/shelving, 2 good sized bedrooms/closets, kitchen with walk-in pantry, and a rear wooden outdoor deck. Additionally, each unit has window A/C units for air conditioning, and radiators for heat (boiler). Tenants are responsible for gas (cooking only) and electricity, and each unit is individually metered for both gas and electricity. The City of Chicago water is on a metered account. All rents are currently under-market; market rents for the area currently range between $1,500-$2,000 depending on Unit finishes/updates. These units do need a cosmetic refresh and some minor work to maximize rents. However, this is a highly desirable location which equals a strong rental market and low vacancies. There are tons of amazing restaurants / shopping nearby and the building is located just a few blocks from the expansive and beautiful West Ridge Nature Park. BUILDING MECHANICALS: New hot water tank installed in 2026. The roof and boiler have been well maintained and are in good shape. WASHER-AND-DRYER: The basement washer and dryer are not working. There is space currently for 2 washer/dryer setups, and room for more should Buyer choose to make a formal laundry room in basement. If not, tenants can conveniently use the newly updated laundromat directly across the street. PARKING: There is a small concrete parking pad at the rear of the building, with space for 2 small cars. AS-IS, WHERE-IS: This is an as-is, where-is sale. Prospective Buyers may conduct an inspection for informational purposes only. BRING YOUR INVESTORS BY TODAY, THIS WONDERFUL INCOME-PRODUCING OPPORTUNITY WILL NOT LAST LONG!

Property Features