Rare North Center multifamily opportunity! This legal 3-unit building also includes an additional garden apartment, offering four total income-producing units and exceptional flexibility for investors or owner-occupants alike. This property features an attractive unit mix of three above-grade apartments plus a garden unit (3 2bd 1/bth, 1 3bd 1bth), with each unit equipped with central air; a highly desirable amenity for tenants and a strong value-add for ownership. Units 1 and 2 also feature an additional den/office, offering added flexibility for work-from-home space, storage, and bonus living area. The property has been well maintained, with building equipment and mechanicals in solid condition. Generating approximately $8,510 per month ($102,120 annually) in gross rental income, this property presents a compelling opportunity for investors seeking strong in-place cash flow in one of Chicago’s most sought-after rental markets. Whether you’re seeking a turnkey investment, a live-in ownership opportunity with rental income, or a long-term hold with future upside, this property checks all the boxes. Ideally located on a tree-lined street in the heart of North Center, residents enjoy convenient access to Lincoln Square, Welles Park, neighborhood dining, shopping, entertainment, and the Brown Line. The property is also near several highly regarded neighborhood schools, including Bell Elementary School and Coonley Elementary School, offering additional appeal for prospective tenants and future owner-occupants.
Residential Income For Sale
2102 W Belle Plaine Avenue, Chicago, Illinois 60618
- Bedrooms : 7
- Bathrooms : 4