Property Description

RARE ALBANY PARK FOUR-FLAT - AN EXCEPTIONAL OWNER-OCCUPANT OR INVESTMENT OPPORTUNITY! Opportunities like this don't come along every day! Situated on a tree-lined residential street in desirable Albany Park, this well-maintained, impressive 5,000+ square-foot four-flat offers an outstanding combination of current rental income, spacious apartments, and long-term value-add potential. Ideal for an owner-occupant, this property features three 7-room, 3-bedroom/1-bath apartments with sun porch and formal dining rooms and a 4-room, 2-bedroom/1-bath English garden apartment. All four are legal, original units offering a solid foundation for an investment strategy. Each apartment features large rooms, hardwood floors, and nicely updated kitchens and baths. Kitchens have micro hoods instead of separate range hood & microwave. With rents already in place and all tenants on month-to-month leases, investors have the opportunity to evaluate future rental potential while maintaining flexibility for their plans. Additional amenities include rear exterior stairs & deck areas. 4th floor unit has utility sink in kitchen pantry for easy washer/dryer hook up. W/D can also be easily added to 2nd & 3rd floor units. Basement boiler and water heater serve all four apartments. A two-car garage, coin-operated laundry, and additional storage units in the basement. Whether you're an experienced investor seeking a substantial multi-unit asset or a first-time multifamily buyer ready to live in one apartment while collecting rent from the others, this is an opportunity to put your investment dollars to work. Enjoy the best of Albany Park! Known for its welcoming residential character, remarkable cultural diversity, and vibrant local businesses, Albany Park offers an appealing neighborhood lifestyle. Nearby River Park features a swimming pool, interactive water playground, playgrounds, tennis courts, sports fields, and riverfront recreation. Ronan Park and other neighborhood green spaces provide additional opportunities to enjoy the outdoors. The area's celebrated international dining scene, local bakeries, grocery stores, and neighborhood shops add everyday convenience and character. CTA Brown Line stations and multiple bus routes provide convenient connections throughout Chicago. A rare combination of size, income potential, and neighborhood appeal-make this Albany Park four-flat the next investment in your future!

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