$399,900
2901 W Arthington Street
Chicago, IL, 60612
Legal 3-unit (8 bed, 3.1 bath) with additional framed out basement for future added value. Great for an investor or a homeowner paying down their mortgage with rental income. Love the charm of East Garfield Park with this captivating, extra-long brick 3-flat nestled on a corner lot. Boasting versatility for both investors and homeowners, this property presents an exceptional opportunity in a burgeoning neighborhood. The second floor, an ideal owner’s retreat, spans the entire length of the building, offering 4 beds & 1.5 baths. The first floor is ingeniously divided into two legal units, each featuring 2 beds & 1 bath, with front & side access for added convenience. Unlock the full potential of the expansive basement, already framed and plumbed for a bathroom, providing an additional 1,900 sqft of space. With front and rear exits, envision the possibility of creating a 4th unit or a duplex down for each of the 1st floor units. Adding to the allure, a detached 2-car brick garage ensures hassle-free off-street parking. Recent exterior enhancements include full tuckpointing and restoration of the brickwork, while newer windows installed within the last decade enhance energy efficiency and aesthetic appeal. Though requiring some tender care to restore its original splendor, the architectural beauty of this property shines through. Situated on a serene block with proximity to I-290 and adjacent to an Elementary & High School, it offers seamless access to downtown Chicago, the Medical District, and Rush Hospital. Convenience is key with local amenities including stores, public transportation, restaurants, supermarkets, and parks mere moments away. Zoned RT-4, this property brims with potential to become a lucrative investment. Don’t miss out on this golden opportunity to make your mark in East Garfield Park! What will stay with the sale: 2 stoves, 2 fridges, 2 hot water heaters, 1 boiler. No A/C units will be transferred to next owner.
Property Details
Price:
$399,900
MLS #:
MRD12213380
Status:
Active Under Contract
Beds:
8
Baths:
5
Address:
2901 W Arthington Street
Type:
Multi Family
Neighborhood:
CHI – East Garfield Park
City:
Chicago
Listed Date:
Nov 19, 2024
State:
IL
ZIP:
60612
Year Built:
1907
Schools
School District:
299
Interior
Heating
Natural Gas, Radiator(s)
Exterior
Community Features
Curbs, Sidewalks, Street Lights, Street Paved
Parking Spots
2
Financial
Tax Year
2022
Taxes
$4,953
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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2901 W Arthington Street
Chicago, IL
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