Property Description

Five units. Two buildings. Value-add opportunity in one of Chicago's most coveted neighborhoods. This classic East Humboldt Park brick 3-flat plus coach house sits just steps from the energy of Division Street and Milwaukee Avenue - walkable to Big Star's legendary tacos, Bongo Room brunch, Antique Taco, and the boutique shops, vintage stores, and nightlife that make this corridor one of the most sought-after in the city. Two blocks away, Humboldt Park delivers 207 acres of green space, a stunning lagoon, the beloved boathouse, walking and biking trails, and some of the most beautiful mature tree canopy in Chicago. The Blue Line is right there. The 606 trail is close. In a market where renters compete fiercely for quality units, this is the address that wins. The front building delivers three spacious 2-bedroom, 1-bath apartments - each featuring a sunroom, living room, kitchen, and timeless Chicago brick character - with genuine upside for the investor willing to roll up their sleeves. Kitchens and baths are ripe for updates, and this neighborhood rewards every dollar invested. The full unfinished basement offers coin-operated laundry with room to add a second washer/dryer and built-out storage lockers for all five units - bikes, gear, the works. Out back, a shared yard with a pergola creates rare outdoor living space that tenants love and prospects remember. The coach house delivers two beautifully renovated open-concept studios, each with a full bath and modern finishes; the second-floor unit is flooded with natural light. Recent improvements include new front stairs and replacement windows. Tenants pay their own electric and heat; owner expenses are limited to water, trash, insurance, and first floor and common area electric.

Property Features