This stunning jumbo double-wide legal 4-unit apartment building is perfectly situated in the thriving and highly desirable East Woodlawn neighborhood of Chicago, just steps from Lake Michigan, the University of Chicago and the upcoming Obama Presidential Library, . A true gem for investors and owner-occupants alike, this stately brick building has been completely renovated and offers a rare combination of modern luxury, spacious layouts, and incredible income potential. The property features three oversized units, each boasting over 2,200 square feet, 4 bedrooms, and 3 full bathrooms, along with a garden unit offering 3 bedrooms and 3 full bathrooms. A new owner has the unique opportunity to select tenants or occupy the unit of their choice. Fully leased, the property is projected to generate over $110,000 in annual rental income. Each unit is meticulously designed with condo-quality finishes, including stainless steel appliances, gleaming hardwood floors, granite or quartz countertops, breakfast bars, walk-in closets, and washer/dryer hookups. Residents will enjoy modern conveniences with dedicated gas and electric services, individual HVAC systems, and spacious layouts designed for comfortable living. Outdoor amenities include large rear decks perfect for relaxation or entertaining, as well as a generous parking pad that accommodates 5-6 or more vehicles. This gorgeous building combines timeless curb appeal with top-tier functionality, making it a standout property in a neighborhood poised for continued growth and revitalization. Whether you're an investor seeking high returns or a homeowner looking for luxury with rental income, this property is ready to meet your needs. All loan types and cash offers will be considered, so don't miss this exceptional opportunity to own a truly remarkable piece of Woodlawn real estate!
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Listing Office: Cagan's Realty, Inc.
Listing Office Phone: 847-324-8966
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Member Participants (and their affiliated licensees, if applicable) shall indicate on their websites that IDX information is provided exclusively for consumers’ personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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