2640 N BURLING Street

Listing provided courtesy of: @properties Christie's International Real Estate

Property Description

Attractive and solid 3-unit INVESTMENT property on historically charming Burling Street in Lincoln Park, a walker's paradise close to shopping, transit, schools, and the lake. Fully rented building has received many improvements and has respectful long-term tenants who take care of the property. Tenants pay all utilities; all units have HVAC systems that are serviced annually; most have been replaced within past 8 years. First floor duplex has four bedrooms and 2 baths. Second floor 2-bedroom unit has huge living room, dining room and kitchen, many windows and tons of character. Top floor has two bedrooms, a large open kitchen and in-unit laundry. Dedicated washers & dryers for units one and two are in the basement. Building and garage roof and gutters replaced in 2020. Many windows and appliances have been replaced. Kitchen and bath remodels on 1st and 2nd floor are among the many improvements. 2-car garage onsite brings in additional income. Comparable properties in the area are getting 20% higher rents. Depaul Campus, Red and Brown Line trains, Trader Joe's, Lincoln Park and Oz Park are all a short walk! Full list of improvements, rent roll and pro forma are available at showing.

• Features:

  Garage Door Opener, On Site, Garage Owned, Detached, Garage Public Sewer, Storm Sewer

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