About 6449 N Lakewood Avenue
Exceptional investment opportunity in prime Loyola University location generating over $105,000 in annual rental income! This classic brick two-flat features two bright and spacious 3-bedroom, 1.5-bath apartments, plus a beautifully renovated 2-bedroom, 1-bath garden unit. The upper apartments offer generous room sizes, hardwood floors, abundant natural light, updated kitchens and baths, and charming front and rear sunrooms. The garden level was recently renovated with a modern kitchen, stainless-steel appliances, stylish bath, updated flooring, and recessed lighting. Fully rented with leases extending through May and June 2027. The building has a history of exceptional tenant demand with zero vacancy due to its proximity to Loyola University. Additional highlights include a two-car garage, flood-control system, new boiler and water heater, numerous capital improvements, and potential to add a fourth bedroom to the upper apartments for additional income. Ideally located near Loyola University, the Red Line, lakefront, restaurants, shopping and neighborhood conveniences. Garden unit is non-conforming; seller makes no representation regarding its legality. Licensed Illinois real estate broker has ownership interest in the property.
Features of 6449 N Lakewood Avenue
| MLS® # | 12761554 |
|---|---|
| Price | $935,000 |
| Bedrooms | 8 |
| Bathrooms | 0.00 |
| Year Built | 1920 |
| Type | Residential Income |
| Sub-Type | Two to Four Units |
| Status | Active |
Community Information
| Address | 6449 N Lakewood Avenue |
|---|---|
| Area | CHI - Rogers Park |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60626 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Parking | Yes, Garage Owned, Detached, Garage |
| # of Garages | 2 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Steam |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Partially Finished, Full |
Exterior
| Exterior | Brick |
|---|
School Information
| District | 299 |
|---|
Additional Information
| Days on Market | 7 |
|---|---|
| Zoning | MULTI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | @properties Christie's International Real Estate |
|---|
