Exceptional investment opportunity in the vibrant Bucktown neighborhood that's on the market for the first time in 27 years! This brick 3-flat plus charming coach house, is a rare find for investors seeking income-generating properties in a prime location. Each unit showcases its own unique charm, with varying upgrades throughout, providing a blend of modern comforts and classic character. This property offers good potential upside for a savvy investor with the flexibility to expand your portfolio or eventually live in one unit while renting out the others. Tenants pay their own electric, gas and heat. Each unit features hardwood floors, individual central gas forced heat, and individual water heaters. Unit #3 also includes central air conditioning. Situated in a prime location, this property is just steps from the epicenter of Wicker Park and Bucktown at North/Damen/Milwaukee with trendy restaurants, boutique shopping, and public transportation all within easy reach, making it a highly desirable spot for tenants. Don't miss this opportunity to own a versatile, income-producing property with significant upside potential. ** Note: The taxes have been successfully appealed with the Assessor's 2025 market value reduced to $1.34M from $1.6M. The anticipated tax savings are estimated at $5,400 annually. The taxes stated here in the MLS are based on the Assessor's old value.
Baird & Warner Pamela Kamper Email
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.
Listing Office: Compass
Listing Office Phone: 312-319-1168
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1639 N Claremont Avenue, Chicago, IL 60647.
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1639 N Claremont Avenue, Chicago, IL 60647.
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