$459,900
Active
4 Days Online
8 Beds0 Baths0 SQFT
Active

2901 W Arthington Street Chicago, IL 60612

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Legal 3-unit (8 bed, 3.1 bath) with additional framed out basement for future added value. Owner collects $1, 000/ month from tenant. Great for an investor or a homeowner paying down their mortgage with rental income. Love the charm of East Garfield Park with this captivating, extra-long brick 3-flat nestled on a corner lot. Boasting versatility for both investors and homeowners, this property presents an exceptional opportunity in a burgeoning neighborhood. The second floor, an ideal owner's retreat, spans the entire length of the building, offering 4 beds & 1.5 baths. The first floor is ingeniously divided into two legal units, each featuring 2 beds & 1 bath, with front & side access for added convenience. Unlock the full potential of the expansive basement, already framed and plumbed for a bathroom, providing an additional 1, 900 sqft of space. With front and rear exits, envision the possibility of creating a 4th unit or a duplex down for each of the 1st floor units. Adding to the allure, a detached 2-car brick garage ensures hassle-free off-street parking. Recent exterior enhancements include full tuckpointing and restoration of the brickwork, while newer windows installed within the last decade enhance energy efficiency and aesthetic appeal. Though requiring some tender care to restore its original splendor, the architectural beauty of this property shines through. Situated on a serene block with proximity to I-290 and adjacent to an Elementary & High School, it offers seamless access to downtown Chicago, the Medical District, and Rush Hospital. Convenience is key with local amenities including stores, public transportation, restaurants, supermarkets, and parks mere moments away. Zoned RT-4, this property brims with potential to become a lucrative investment. Don't miss out on this golden opportunity to make your mark in East Garfield Park! What will stay with the sale: 2 stoves, 2 fridges, 2 hot water heaters, 1 boiler. No A/C units will be transferred to next owner. Owner collects $1000/ month from the first floor front tenant.

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyCook
  • Taxes$4,953
  • HOA/Condo/Coop Fees$0
  • Days on Site4 Days
  • MLS StatusActive
  • MLS ID Number12084071
  • Home Size Source N/A
  • Year Built1907
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Parking Spaces 2
  • Sewer Public Sewer
  • Basement Full
  • Water PublicLake Michigan
  • Property Sub Type Multi Family
  • Garage Spaces 2
  • General Information Commuter BusCommuter TrainInterstate Access
  • Garage Detached
  • Rooms Total 10
  • Lot Size Less Than .25 Acre
  • Lot Features Corner Lot
  • Parking Total 2

Interior Features

  • Heating Natural GasRadiator(s)

Exterior Features

  • Waterfront Property No
  • Lot Corner Lot

Community Features

  • Township West Chicago
  • Community Features CurbsSidewalksStreet LightsStreet Paved
  • MLS Area CHI - East Garfield Park

Schools

School District
299
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

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Monthly Payment (Est.)

$2,435
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