209 South Albany Avenue, Chicago, IL

$499,222

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7

Beds

2

Baths

0.06

Acres

About 209 South Albany Avenue

Gorgeous Historic Limestone 2-Unit w/basement. Vacant Lot (RT-4) Next door available separate sale! This stunning multi-unit property features a classic limestone exterior and and opportunity to purchase vacant lot next door! Keep it for additional parking and yard space or build another investment property to maximize value. Fully rehabbed in 2020, the building boasts all new mechanics, including electric, plumbing, gas, flooring, windows, furnace, central air, water heaters, and tuckpointing, and much more-giving you peace of mind for years to come. Each unit has separate electric/gas meters and its own washer/dryer hookups for convenience. The basement features 2 exterior walkouts, offering added functionality, storage, and future expansion potential. Currently, the property is rented to one tenant (month-to-month and open to signing a long-term lease). Current tenant has set up for short-term rentals/Airbnb, making it an excellent option for investors. Located just minutes from Downtown Chicago, the United Center's new mega project, the medical district, universities, expressways, CTA trains, parks, and so much more-this property is in the heart of everything! With low current rents, there's a huge add-on value opportunity here. Live in one unit and rent the other, or rent out both and enjoy passive income. Historic charm, modern updates, and prime location! OWN A PIECE OF HISTORY!!

Features of 209 South Albany Avenue

MLS® # 12490125
Price $499,222
Bedrooms 7
Bathrooms 2.00
Acres 0.06
Year Built 1885
Type Residential Income
Sub-Type Two to Four Units
Status New

Community Information

Address 209 South Albany Avenue
Area CHI - East Garfield Park
City Chicago
County Cook
State IL
Zip Code 60612

Amenities

Parking Spaces 4
Parking On Site
Is Waterfront No
Has Pool No

Interior

Heating Natural Gas
Fireplace No
Has Basement Yes
Basement Unfinished, Full, Walk-Out Access

Exterior

Exterior Brick, Stone, Limestone

School Information

District 299

Additional Information

Days on Market 6
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHomeSmart Realty Group
Contact Info708-320-0002

Listing Map

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