$ 509,000
720 N Elizabeth Street Chicago, IL 60642
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 509,000
Est. payment /mo
Active Under Contract
720 N Elizabeth Street Chicago, IL 60642
5 Beds
UPDATED:
10/31/2024 01:16 PM
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12117388
Bedrooms 5
Year Built 1888
Annual Tax Amount $17,894
Tax Year 2022
Lot Dimensions 23X100
Property Description
[ATTENTION-Experienced-INVESTORS-Only] - Motivated Seller....This project will need a full set of architectural plans and permits with the City of Chicago.....Incredible opportunity in the HOT West Town Area to add instant equity. .....Legal 3-units RS-3 with 2-Flat in front and Coach house in the rear. Coach house needs a COMPLETE rehab, architectural plans, and Permits....Currently boarded up.....Experienced Rehabbers or Remodelers needed...Coach House can be EXPANDED to a huge single family style residence. Building in need of MAJOR TLC. "AS-IS WHERE-IS" Renovations going on all around the area. Front 2-units have been rehabbed on the inside and currently tenant occupied month-to-month...... Waiting for NEW owners to add additional ideas to the exterior of the building as well as the Coach house. Coach House is currently boarded up and READY for your ideas. Both Units are way under market rent - 1st floor unit 1,500 a month and 2nd floor unit 2,000 a month.....Tenants Flexible to stay or leave - make money while you finish rehabbing the building. Great Neighborhood w/restuarants, shopping, schools and Eckart park just steps away....It's right off the blue line, x-ways & bus stops. Minutes from the loop, River North, Wicker Park & Bucktown. This amazing opportunity will NOT last...Schedule an appointment to see the building today... AGENT OWNED
Location
State IL
County Cook
Rooms
Basement Partial
Interior
Heating Natural Gas
Fireplace N
Exterior
Waterfront false
View Y/N true
Roof Type Asphalt
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Joseph Harris • HomeSmart Connect LLC