Turnkey legal 3-unit building in the heart of desirable Lincoln Square. This fully leased property features three spacious 3-bedroom, 1-bath units, each with central heat and air conditioning, in-unit laundry, and strong rental demand. The building currently generates over $75,000 in annual income, with tenants responsible for all their own utilities. Additional highlights include usable attic space with potential for extra storage or a duplex-up owner's unit, shared yard space, and a detached 2-car garage currently rented for an extra $100 per month. Situated on an oversized 3,536 sq ft lot and zoned B3-3 within the City's Transit-Served Location (TSL/TOD) district, this property offers excellent redevelopment potential for the right investor or developer. Ideally located within walking distance to the Brown Line, multiple bus routes, and Lincoln Square's vibrant shopping, dining, and nightlife.
— the listing agent’s description
The home
9 beds
3 baths
Built in 1905
0.07-acre lot
2-car garage
Two to Four Units
What it’ll cost
$8,840 taxes / yr
No HOA
7 days on dwello
Estimated monthly payment
$5,504/mo
Principal & interest$4,519
Property taxes$737
Homeowners insurance$248
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Assessed value from the Cook County Assessor (open records). Estimated market ≈ assessed × 10 for residential; not an appraisal — verify with the assessor.
Features
OtherVinyl SidingPublic SewerGarage Door OpenerYes