This exceptional property is a dream investment opportunity for savvy buyers, including investors, 203K, and renovation enthusiasts. Stepping into the foyer, you will be greeted by a captivating layout. The open and spacious first floor boasts an inviting eat-in kitchen with an island, a formal dining room, a living room, and a seating area. With one bedroom on the first floor and three on the second floor, including two luxurious master bedrooms sharing a Jacuzzi-equipped master bathroom, this property offers ample space and comfort. The original hardwood flooring, wood trim, three fireplaces, and three full bathrooms add to its allure. The finished basement features a recreational room with a fully functional kitchen, perfect for hosting guests. Situated near Lake Michigan, downtown, transportation, and walkable and bike trails, this property is a gem not to be missed. The building is zoned for RM-5, with six bedrooms: potentially 2 on the second floor, two on the first floor, and 2 bedrooms in the basement. Sold as-is, this property presents the perfect opportunity for buyers to build walls and install a kitchen on the 2nd floor to transform it into an income-generating asset, such as an Airbnb, with some dedicated effort. The seller has shared two detailed floor plans: one illustrates the current layout for a single-family home, while the other showcases the potential designs for deconversion. The opportunities for reimagining the space are limitless, inviting a variety of creative possibilities. Selling "As Is-Where-Is"
MLS# | 12199439 |
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Listing Type | For Sale |
Style | House |
Sub-Type | Resale |
Status | Active |
Year | 1908 |
Days On Site | 14 |
Listing Provided By | ASAGA Realty & Housing Development | Dawn Haley |
Bed(s) | 6 |
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Bath(s) | 3 |
Garage | 1 |
Basement | Y |
Zoning | MULTI |
State | IL |
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County | Cook |
City | Chicago |
Zip Code | 60649 |
Area | CHI South Shore |
School District | 299 |
Elementary School | 299 |
Middle School | 299 |
High School | 299 |
Listing VS Median (in 60649) | |
Price: $425,000 low | high Med: $125,000 On Site: 14 low | high Med: 118.000000 |