Estate Sale ! Located in the Tri-Taylor area, within 3 Blocks of the University of Illinois Chicago Campus, and East of 3 Hospitals( Illinois Medical DistricT), this Ornate, 5097 Square Foot, 3 Floors,6 Unit Greystone is in the Prime neighborhood of Tri-Taylor.Some renovations will be needed to enhance the revenue streams in Apartments 1-5, and total renovation will be required in Apt. 6 Rear! Tenants all have their own Gas FA Furnace, and Hot water heater. Tenants pay their own Gas and Electric. There is 2 Parking Spaces in the Year and a Enclosed Rear Porch encompasses all 3 floors and Provides Storage space. There is and always will be a Strong Rental Demand in this area thus a big upside plus Value Added Potential. There is a slightly different floor plan from the Front 3 Apartments versus the rear 3 Apartments. Central Hallway Entrance is on the West side. Rents are low which Reflect the interior condition! Expenses are unknown with the exception of Current Rental Income, Insurance and Taxes. Tenants are Month to Month! Property is being Sold As-Is! Photos and Virtual Tour of Apartment 3 Rear are untouched, however Staged photos of 3 Rear show artistic renovations. Apartment 1 Front are when vacant and as currently occupied. Apartment 2 Front has had some renovations done. Photo,s in Basement show Location of Hot water Heaters, and Electric. Exceptional Location, Exceptional Block, 1 block from Park, and an Opportunity to Invest today for tomorrow's future!
Baird & Warner Edward Hall Agent Cell: 630.205.4700
Listing Office: Coldwell Banker Realty
Listing Office Phone: 630-789-8280
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