Lakeview Rental Income Property: 1014 W. Wolfram
Extremely rare piece of property. Stand alone ‘all above grade’ duplex building with a 2 unit building in the rear plus a 2 car garage. Front building has a first floor living room, family room, dining area and kitchen with full bathroom. The second living area would be perfect to convert into a third bedroom. The second floor has 2 bedrooms, both with their own bathrooms. The second bedroom has a huge office/den that can be absorbed to make a bigger bedroom or a tandem room. This is a perfect owners unit for a buyer that wants a multi unit/investment property but at the same time doesn’t want to live with others. Small but cute courtyard located behind the main building before entering the second building with 2 great one bedroom units. The first and second floor have their own separate entrances. Perfect for a yearly or short term renter, with close to $80K yearly in rent as a total investment. Renting out the back yields $40K in yearly rent alone. 2018 taxes are $13,500 (new assessment). Washer/dryer and furnaces in all units. AC in front duplex and window AC in the 1 bedroom units. Gutted and the new front building addition from 2003-06.
1014 W. Wolfram
Chicago, IL 60657
Type: Multi Family