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2648 Orchard Street, Chicago, IL 60614

9 Bed, 7 Bath Multi-Family Home For Sale

2648 Orchard Street, Chicago, IL 60614 House For Sale - MLS #9852656
$1,850,000
9
7
Multi-Family
4 Family
This listing is courtesy of Thomas Walsh from @properties.

Property Description for 2648 Orchard Street, Chicago, IL 60614

Beautiful Lincoln Park Large Brick Renovated 4 Unit Multi-Family Building. Many features: All units have been updated with Euro Style Kitchen Cabinetry, 2 renovated bathrooms per unit except garden unit has 1 bathroom, oak hardwood flooring throughout, separate HVAC per unit, 4 wood burning fireplaces, Newer Windows 2013, Owners Unit, top floor, has skylights, washer/dryer and exclusive roof-deck with skyline views, Floors 1, 2, 3, all have rear balconies, New Brick patio 2017, Building sits on a rare 25 x 145 deep lot with yard/patio and 2 car brick garage. Many Possibilities: Convert to Single Family Home approx 6000 sq ft, or maintain as Investment property. Outstanding opportunity for Value Add with ability to achieve higher rents. Garden, 1st, 2nd, floors are 15-30% under valued for market with leases expiring no later than mid year. Achieve desirable Capitalization rate. Great opportunity!

Interior Details

21
Public Sewer
Lake Michigan

Exterior Details

0.08 acres
3,485 sq. ft.
2 Garage Spaces

Other Details

9852656
1927
$6,250

Units Description

Unit #1
Rooms: 6      Bedrooms: 3      Full / Half Baths: 2      Rent: $2,250     
Rooms : 6
Interior Features : Stove; Refrigerator; Central Air Conditioner; Fireplace-Wood; Hardwood Floors

Unit #2
Rooms: 6      Bedrooms: 3      Full / Half Baths: 2      Rent: $2,700     
Rooms : 6
Interior Features : Stove; Refrigerator; Dishwasher; Central Air Conditioner; Fireplace-Wood; Hardwood Floors

Unit #3
Rooms: 6      Bedrooms: 2      Full / Half Baths: 2     
Rooms : 6
Interior Features : Stove; Refrigerator; Washer; Dryer; Dishwasher; Central Air Conditioner; Fireplace-Wood; Laundry Hook-Up; Hardwood Floors; Skylights/Windows

Unit #4
Rooms: 3      Bedrooms: 1      Full / Half Baths: 1      Rent: $1,300     
Rooms: 3
Interior Features: Stove; Refrigerator

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Monthly Mortgage Payments

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$11,704

CTA> Stations Stops

Diversey
0.36 miles
Diversey / Purple Line
0.36 miles
Fullerton
0.49 miles
Wellington
0.50 miles
Wellington / Purple Line
0.50 miles

Town Description

The area now known as Lincoln Park in Chicago was primarily forest with stretches of grassland and occasional quicksand until the late 1820s when the Europeans arrived. In 1824 the United States Army ...

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