ADDRESS
Suite C-1
55 East Erie St
Chicago, IL 60611
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This gorgeous extra-wide 3 unit Greystone in the heart of coveted Logan Square is the perfect turn-key investment opportunity! This property is fully occupied and generates consistent rental income with a cap rate over 6%. Originally built in the early 1900s and completely renovated in 2008, the property consists of one 4 bedroom, 2 bathroom duplex-down and two 3 bedroom, 1 bathroom simplexes. The 2008 renovation included updates to the roof, plumbing, electrical, and HVAC systems, as well as a complete interior renovation of each unit. This property has been meticulously maintained by its current owner and offers a seamless blend of classic Chicago architecture and modern amenities. Each unit boasts a spacious floor plan with hardwood floors, high ceilings, modern kitchens with granite counters and stainless steel appliances, central heating and air conditioning, large storage rooms, and gorgeous woodwork throughout. There is also a spacious backyard with newer patio, pergola & landscaping. Unbeatable location in the heart of Logan Square with easy access to the blue line, farmers market, and tons of great restaurants, shops, and parks makes renting these units a breeze. Don't miss out on the opportunity to own this wonderful investment property in one of Chicago's most desirable neighborhoods!
2 weeks ago | Listing updated with changes from the MLS® | |
2 weeks ago | Status changed to Active Under Contract | |
a month ago | Listing first seen on site |
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