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 | Active |
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 | 21 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | HomeSmart Realty Group |
|---|---|
| Contact Info | 708-320-0002 |