3843 N Lakewood AVE

Chicago,IL 60613

$ 1175000

8 Beds

0 Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12172946

Bedrooms 8

Year Built 1905

Annual Tax Amount $23,692

Tax Year 2023

Lot Dimensions 4175

Property Description

Welcome to 3843 N Lakewood, a unique 3-flat property located in the heart of Chicago's vibrant Lakeview neighborhood. This charming building features three well-maintained units, each offering spacious living areas, modern kitchens, and ample natural light. Perfect for investors or owner-occupants looking for rental income potential. Convenient location near shops, restaurants, and public transportation. Additionally, there is an opportunity to purchase the adjacent vacant lot at 3841 N Lakewood for an extra $525,000. This lot provides great potential for expansion or development, making it a rare find in this sought-after area. There is an opportunity to add laundry to units and increase rent. Further possibility to add a basement unit to increase future rent potential.

Location

State IL

County Cook

Area Chi - Lake View

Rooms

Basement Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Waterfront false

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan,Public

New Construction false

Schools

School District 299 ,299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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