Building Price: $1,400,000 Land Price: $425,000
four apartments · one retail space · one land parcel · 6,946 gross SF
The subject property is footsteps from the Chicago Transit Authority’s (CTA) 70 bus stop, a five-minute walk to CTA’s Division Blue Line stop, and a one-minute drive to the I-90/94, providing excellent access to all means of transportation for tenants. It is also a five-minute walk to the highly popular Division Street and Milwaukee Avenue renowned boutiques, bars, and restaurants, making highly sought-after location for renters in the city.
The subject property has four apartments, two two-bedroom apartments which span their respective floors, two one-bedroom apartments on the top floor, one retail space, and an adjacent 24’x100’ side-lot which is zoned B3-2. The apartments are well-maintained with exposed brick and hardwood floors. There are large steel balconies and a backyard patio area. The subject property features a full basement, and all the plumbing is copper. Additionally, there is an opportunity to increase revenue by dividing two apartments on the second and third floors into four apartments.
- Excellent Wicker Park Location
- Located on High-Trafficked Division Street
- Four Apartments, One Retail Space, and One Land Parcel
- Opportunity to Convert from Four to Six Apartments