$1,250,000
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.
Property Details
Price:
$1,250,000
MLS #:
MRD12031560
Status:
Active
Beds:
12
Baths:
6
Address:
1651 W Irving Park Road
Type:
Multi Family
City:
Chicago
Listed Date:
Apr 17, 2024
State:
IL
ZIP:
60613
Year Built:
1891
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Financial
Buyer Agent Compensation
2.5% – $495% of Net Sale Price
Tax Year
2022
Taxes
$18,905
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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1651 W Irving Park Road
Chicago, IL
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