Prime Lincoln Square Investment Opportunity! Exceptional all-brick two-flat situated on an oversized 30' x 126' Chicago lot in the highly sought-after Waters Elementary School District. This classic Chicago multifamily building offers excellent owner-occupant or investment potential with both units delivered vacant. Unit #1 features 2 bedrooms and 1 full bathroom, while Unit #2 offers 3 bedrooms and 1 full bathroom. The expansive unfinished basement provides abundant storage, two washer/dryer hookups, dedicated laundry space, and utility/mechanical rooms. Major building improvements include a premium Bitec roof (approximately 2010) and a garage roof replacement (approximately 2021). The property is equipped with two water heaters (one serving each unit) and two separate boiler systems, including a larger boiler for Unit #2 (approximately 1998) and a second boiler for Unit #1 (approximately 2010). Each unit has separately metered gas and electric service, allowing tenants to pay their own utilities, including boiler heat, electricity, water heaters, and laundry. Outstanding opportunity to renovate, update, or add to your investment portfolio in one of Chicago's most desirable neighborhoods. The property is being sold as-is.
— the listing agent’s description
The home
5 beds
2 baths
Lot 30X126
1-car garage
Two to Four Units
What it’ll cost
$11,442 taxes / yr
No HOA
4 days on dwello
Estimated monthly payment
$4,178/mo
Principal & interest$3,057
Property taxes$953
Homeowners insurance$168
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.