$1,500,000
1315 W EDDY Street
Chicago, IL, 60657
Pre-foreclosure offering…. being sold “as is-where is”… An opportunity for an oversized classic Chicago Grey stone building that’s a legal 3 flat with large 3 bed 2 bath units. Great layouts on an extra wide lot! The location is an incredible draw for people from all over Chicagoland and the country renting their first or next apartment. Whether it’s for Wrigley, Southport Corridor or Blaine school district, the abundance of light and lay-outs rent the units. Just 2 blocks east of Southport in the of the heart of it’s corridor on a treelined street. Walk to red or brown line train, exceptional shops, entertainment and some of the best restaurants around. The building has been professionally maintained since 2014 by a management company. Excellent income (over 100k) with room to grow. It’s ready to be your cash cow. Tenants pay their own utility. All units have individual central air and heat. 2 major improvements were the risers behind the walls were all upgraded & replaced with copper piping in 2017. The iron drains behind the walls replaced in 2018. Listing Agent has an ownership interest in the property.
Property Details
Price:
$1,500,000 / $1,305,000
MLS #:
MRD11701207
Status:
Closed ((Mar 16, 2023))
Beds:
11
Baths:
7
Address:
1315 W EDDY Street
Type:
Multi Family
City:
Chicago
Listed Date:
Jan 14, 2023
State:
IL
ZIP:
60657
Year Built:
1908
Schools
School District:
299
Interior
Heating
Natural Gas, Forced Air, Indv Controls
Exterior
Architectural Style
Greystone
Other Structures
Garage(s)
Parking Features
Assigned
Financial
Buyer Agent Compensation
2.5% – $495% of Net Sale Price
Tax Year
2021
Taxes
$22,924
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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1315 W EDDY Street
Chicago, IL
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