Featured Properties

  

  

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4760 N. Virginia
Lincoln Square Neighborhood
Chicago IL 60625
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Multi-Unit Building For Sale
$895,000

4 legal – maybe 5? – units with 60′ of frontage on the Chicago River. Oversized city lot @ 9266 sf = 3 standard city lots! Zoned R-2. Owner may be will to take back paper with $300k down. Operating building with all 4 units (5 rooms – 2 bdrm – 1bath) rented. Owner occupies original garden unit. Currently generating $4400/month gross rental income. 1/2 of 4 car garage has been converted to an artist’s studio. Tranquil setting overlooking the Chicago River. Hard to believe you’re in the city! Yet only 2 blocks to the Rockwell Brown Line el stop and the shops at Rockwell Station.

  • L-shaped property with four legal units – maybe 5?
  • It is situated on 9266sf of land with 60′ of frontage on the Chicago River.
  • Building is fully rented: 4 units generate $4400/month income.
  • Long term tenants are month-to-month but want to stay.
  • All units are 5 rooms – 2 bedrooms – 1 bath.
  • Original 5th garden unit is occupied by current owner.
  • A 6th garden unit is definitely NOT legal – but until recently was rented @ $800/month
  •  Both garden units are 3 rooms – 1 bedroom – 1 bath

Ideal property for an owner occupant prepared to roll up their sleeves and get to work and own a truly unique property along the Chicago River!

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 Featured Properties

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