1840 North Street Louis Avenue
Chicago, Illinois 60647

$655,000
7
Beds
3
Baths
0.10
Acres
5,021
SQFT
130
$/SQFT
$655,000
7
Beds
3
Baths
5,021
  sf
$130 / sf
Favorite

under contract
1/10
Street View
Street View

This is a rare opportunity to invest in the hottest neighborhood now, be a block away from the 606 Bloomingdale Trail, restaurants and coffee shops on Armitage and Kedzie, and be surrounded by multiple new developments in Logan Square. This legal 5 unit property, with 3 units and an unfinished basement in the front brick building and 2 units in the rear frame coach house, offers a variety of uses- keep as is and continue collecting rent; make improvements overtime, keep up with demand and collect market rent for better cash flow; reposition or develop into condos or just add to your portfolio of income producing properties and see it appreciate in value. Tremendous potential for the savvy investor who understands construction and the value add play. Ask agent about detailed study on value after repair, repair estimates, market rents, etc. See for yourself and have a bite at neighborhood favorites- Giant, Parson's, Scofflaw, Damn Fine Coffee Bar. Call now to schedule a showing.

$655,000
7
Beds
3
Baths
0.10
Acres
5,021
SQFT
130
$/SQFT
Listing #: 10301697
Listed by Compass
$655,000
7
Beds
3
Baths
5,021
  sf
$130 / sf
Favorite

This is a rare opportunity to invest in the hottest neighborhood now, be a block away from the 606 Bloomingdale Trail, restaurants and coffee shops on Armitage and Kedzie, and be surrounded by multiple new developments in Logan Square. This legal 5 unit property, with 3 units and an unfinished basement in the front brick building and 2 units in the rear frame coach house, offers a variety of uses- keep as is and continue collecting rent; make improvements overtime, keep up with demand and collect market rent for better cash flow; reposition or develop into condos or just add to your portfolio of income producing properties and see it appreciate in value. Tremendous potential for the savvy investor who understands construction and the value add play. Ask agent about detailed study on value after repair, repair estimates, market rents, etc. See for yourself and have a bite at neighborhood favorites- Giant, Parson's, Scofflaw, Damn Fine Coffee Bar. Call now to schedule a showing.

  • Neighborhood
  • Type
  • Total Baths
  • Tax Amount
    $8,852
  • Status
    Pending
  • Listing #
    10301697
  • Built
    1888
  • Lot Size
    0.10
  • Listed on site
    76 days

Listed by:
Compass

Source:
MRED

Click for Map

Property details

Exterior features

  • No Pool
  • Basement
Favorite