1924-26 N Kimball Avenue Chicago IL 60647 MLS #MRD12278744

This is THE investment property you’ve been waiting for. Large & well-maintained brick 3-unit building on a massive, extra-long & wide double-lot measuring 50’X177′. Extremely unique opportunity to acquire an income-producing 3-Flat multi-family building AND a vacant lot, currently used as a giant side-yard. The 1924 vacant lot has a separate PIN, with no encroachments, making it the ideal candidate to build a brand new multi-family building or single family home right next to the 1926 building. Endless potential with tons of new construction developments on the block. Conveniently located in booming Logan Square, steps from the 606 Trail entrance and block from Logan Blvd. Two Separate PINS make up a combined lot size of 8,850 Sq.Ft. The 1926 building offers a variety of possibilities – Hold as an armchair investment and collect rent while watching the neighborhood continue to appreciate. For the savvy investor/developer looking for a rare value-add opportunity, the existing floor plans are impressive with generously sized living rooms, separate dining rooms and large bedrooms, offering tons of space to add more bedrooms & bathrooms while renovating into modern, luxury rental units. This is truly a once-in-a-lifetime opportunity. Take in the vibrant surroundings of this booming neighborhood and all of the wonderful shops, restaurants, parks and nightlife that Logan Square has to offer. All this less than one block away from the 606 Bloomingdale Trail, and steps from Logan Blvd. This is the ultimate builder/investor’s dream with an Alderman who is pro-development. Close to plenty of public transportation options like the CTA Blue line, and near all major expressways. You must-see this one to believe the size and potential of this exceptional property, waiting for its new owner. 2.5-car Garage and 3-car gated exterior parking spaces complete the package. Being sold AS-IS.