Hunter Lisk
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- Sell
https://www.ruhlmortgage.com/LawrenceDavis.html
Description
This 3-unit property is a fully rented, great income-producing investment opportunity or perfect for a Live/Work owner! Lots of recent updates including the roof replaced 2 years ago, new front windows in the 2-bedroom, and both the 2-bed and coach house have new electrical. The 1600 Sq. Ft. The storefront is currently operating as a catering/restaurant business and is on a long-term, month-to-month rent, so that gives flexibility to the new owner. The second floor has a 2-bedroom, 1-bathroom plus enclosed porch and an outdoor patio and has been recently renovated. The beautifully designed 2-bed unit features an in-unit laundry and a custom kitchen with stainless steel appliances and granite countertops, which are perfect for cooking and entertaining. The apartment boasts hardwood floors throughout, adding a touch of elegance to the space. It also has a private entry and central air and heat. The owner just finished the full gut rehab of the coach house in the back as well. The coach house has 4 bedrooms/2baths, and it's a 3-floor living space; it feels and lives like a single home. Gorgeous brand new kitchen with all the bells and whistles, and two brand new elegant bathrooms, in-unit laundry. With public transportation nearby, commuting is a breeze. Great upside potential.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1913
General Information
County: Cook
Listed By:
Cedar Realty
773-549-7200
MRED MLS
MLS ID: 12703469
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3816 W Montrose Avenue , Chicago, IL 60618.
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563-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $875,000 | $875,000 | $875,000 |
| Down Payment | $175,000 | $30,625 | $218,750 |
| Monthly Mortgage Amount | $4,310 | $5,290 | $5,406 |
| Taxes | $1218 | $1218 | $1218 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $525 | $0 |
| Monthly Estimated Total | $5,783 | $7,288 | $6,879 |
Hunter Lisk
REALTOR®
Cell: (608) 642-2235
Licensed in IA, IL & WI
Dubuque Office
600 Star Brewery Drive
Suite 300
Dubuque, IA 52001
(563) 583-4550
Suite 300
Dubuque, IA 52001
(563) 583-4550
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