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Ali Arciniega

aarciniega@chicagorea.com +1(773) 683-1249

$ 849,900

Est. payment | -/mo

8 Beds

5 Baths

Save

$ 849,900

Est. payment | -/mo

Save

8 Beds

5 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12774320

Bedrooms 8

Year Built 1966

Annual Tax Amount $8,240

Tax Year 2023

Lot Dimensions less than .25 acre

Property Sub-Type Two to Four Units

Property Description

Opportunity knocks with this spacious three-unit property on a desirable corner lot in Chicago's Mont Clare neighborhood, right on the cusp of Elmwood Park. The property features two generously sized 3-bedroom, 2-bathroom apartments, each offering approximately 1,600 square feet of living space, plus a separate 1-bedroom, 1-bathroom garden apartment. This unique layout provides exceptional flexibility for an owner-occupant, multigenerational household, or investor looking to maximize the property's income potential. The two spacious main apartments provide the feel and functionality of full-size homes, while the garden apartment offers an additional opportunity for rental income, extended family, or guests. All residents benefit from convenient parking, with a carport and a detached two-car garage offering additional parking and storage. Recent mechanical updates add to the property's appeal. Each unit has its own newer furnace and water heater, providing separate heating and hot-water systems, while a brand-new electrical panel adds another important update. The corner lot offers plenty of outdoor potential, with room beyond the two-car detached garage to create a private backyard oasis. With three separate living spaces, multiple parking options, separate mechanical systems, and substantial outdoor space, this property offers a rare combination of flexibility and income potential. Whether you're looking to live in one of the spacious apartments while generating rental income from the others, accommodate extended family, or add a versatile multi-unit property to your portfolio, this Mont Clare property offers space, flexibility, and multiple ways to make the property work for you. With its exceptional layout, multiple living spaces, parking, updates, and unbeatable transportation access, this is a property you won't want to miss-and it won't last long on the market!

Location

State IL

County Cook

Area Chi - Montclare

Rooms

Basement Finished, Full, Walk-Out Access

Interior

Heating Natural Gas, Steam

Fireplace N

Exterior

Garage Spaces 2.0

Building

Dwelling Type Two to Four Units

Building Description Brick, No

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Maureen Moran of Coldwell Banker Realty

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 683-1249

aarciniega@chicagorea.com

1941 N Elston Ave, Chicago, IL 60642, USA

2501 N Mont Clare AVE Chicago, IL 60707