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

JgR Online Concierge

[email protected] +1(630) 491-4615

$ 509,000

Est. payment -/mo

Save

Price Dropped by $30K

720 N Elizabeth ST Chicago, IL 60642

5 Beds

UPDATED:

09/30/2024 05:07 AM

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

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

Area Chi - West Town

Rooms

Basement Partial

Interior

Heating Natural Gas

Fireplace N

Exterior

Waterfront false

Roof Type Asphalt

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Joseph Harris • Homesmart Connect LLC

Quick Search

General