1347 W Granville Avenue, Chicago, IL

About 1347 W Granville Avenue

A Rare Edgewater Glen Jumbo Three Flat With Single Family Scale. This elegant, extra wide 35x125 all brick three flat offers the rare combination of a substantial owner's duplex, two additional income producing apartments, parking and outdoor space. Whether you are an owner occupant looking to equipose your housing costs or a seasoned investor seeking a versatile income producing asset, this property offers tremendous flexibility. The expansive first floor duplex lives much more like a single family home, featuring 4 bedrooms and 3 full bathrooms, including a luxurious primary bath with steam shower. The main level offers generous living and dining rooms, an upscale kitchen, and beautiful vintage details including hardwood floors, crown molding, stained glass and a built-in hutch. The lower level provides additional bedrooms and an expansive living space, creating an ideal combination of privacy, functionality and scale. The second and third floor units each feature spacious 3 bedroom, 1 bathroom layouts with separate living and dining rooms. Both have historically been rented as long term rentals and through a fully furnished (2nd floor) Airbnb, offering multiple income strategies. Every unit includes private laundry, HVAC and a huge front porch. A detached heated masonry garage provides three parking spaces, while the large backyard adds valuable outdoor space. Located in one of Chicago's most desirable lakefront neighborhoods, just steps from Whole Foods, LA Fitness, Loyola University, restaurants, nightlife and shopping. Enjoy easy access to the Red Line, Peterson Metra station, Lake Michigan, the lakefront trail, Lake Shore Drive and the beach lifestyle that makes Edgewater so special. Live comfortably in a spacious single family style duplex while generating income from two additional units, or maximize the property as a three unit investment. A rare combination of scale, location, income potential and lifestyle.

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