2104 S Washtenaw Avenue
Chicago, IL, 60608
$1,099,900
Beds
0 Baths
0 SqFt
0 Acres
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$1,099,900
2104 S Washtenaw Avenue
Chicago, IL, 60608
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Incredible investment opportunity in a renovated 7-unit multi-family property in the vibrant Pilsen neighborhood. This solid masonry building features five spacious 2-bedroom + 1-bathroom apartments, a charming coach house with 3 bedrooms + 2 bathrooms, and an additional 1-bedroom + den unit. Originally rehabbed in 2014, the property has updated electrical, plumbing, bathrooms, and kitchens, with separate utilities for each unit. The coach house stands out with its soaring cathedral ceilings, central A/C, and in-unit washer/dryer, making it ideal for an owner-occupied residence. Amenities include a common laundry room with tenant storage lockers. This professionally managed property requires minimal upkeep, with no deferred maintenance issues. There is significant potential to increase rental income by converting the third-floor unit into a duplex and utilizing existing refrigerant lines for future central A/C installation in six units. The location is great for investment, just blocks away from renowned restaurants, bars, grocery stores, and the California Pink Line L stop. Convenient access to highways and downtown adds to its appeal. Don’t miss out on this unique investment opportunity in a rapidly appreciating neighborhood.

Property Details

Price:
$1,099,900
MLS #:
MRD12087442
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
2104 S Washtenaw Avenue
Type:
Commercial
Neighborhood:
CHI – South Lawndale
City:
Chicago
Listed Date:
Jun 18, 2024
State:
IL
ZIP:
60608
Year Built:
1900

Schools

Interior

Cooling
Window Unit(s)

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$103,435
Tax Year
2023
Taxes
$12,156
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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2104 S Washtenaw Avenue
Chicago, IL