Ravenswood – 3 Unit – Rehab or Build 3 Condos Sold

  • $525,000
  • 7 beds
  • 3 baths
  • 2,074 sqft

Rarely available brick 2 unit plus non-conforming garden unit. Potential to rehab and hold or flip or build 3 condos. Two 3 bed/1 bath units and one 2 bed/1 baths. The interior needs some work. New roof installed in 2018.

Tons of New Construction condos in the immediate area. Duplex-down units are selling for $850,000 to $885,000. Simplex and penthouse units are selling for $580,000 to $650,000. “Shovel Ready” zoning (B2-2) allows you to submit for permits with no zoning changes necessary.   Here’s your next project!

Plenty of new restaurants, bars and shopping close by. Transportation includes multiple CTA Brown Line stops, plus Metra service to Downtown.

Details:

Brick

3 Unit (Legal 2 unit with the non-conforming garden unit)

7 beds/3 baths

Detached Garage

Lot Size: 25×122 SF

Built: 1915

Zoning:  B2-2

Taxes: $11,595 (2018)

School District – Chicago Public School District 299

 

Price:
$525,000
Address:
4854 N Damen
Chicago, IL 60625
Square Feet:
2,074
Lot Size:
3,050
Bedrooms:
7
Bathrooms:
3
Terms:
For Sale
Property Type:
Apartment
Year Built:
1915
Basement:
Finished Garden Unit
Const. Type:
Brick

Call (312) 564-4058 for more details

Property Location

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