Welcome to 818 S Leavitt St., a remarkable 2-4 unit building with an adjacent vacant land lot, situated right off the highway in the historical Medical Center District. This property presents a unique opportunity for both investors and developers looking to capitalize on its excellent location and potential for expansion. The main building boasts a variety of features that make it an attractive investment. Recently updated, the basement has been fitted with brand new cabinets and countertops, adding a touch of modernity to the space. This enhancement not only enhances the aesthetic appeal but also provides practical storage solutions for tenants or owners. The property's prime location in the historical Medical Center offers a wealth of advantages. With its proximity to the highway, commuting becomes a breeze, allowing for convenient travel to surrounding areas. The Medical Center itself holds historical significance, imbuing the neighborhood with a rich cultural heritage and an attractive ambiance. This coveted locale is known for its charming streets, unique architecture, and vibrant community. In addition to the existing 2-4 unit building, this property includes an adjacent double lot, providing the exciting opportunity to construct a 2-3 unit building right next door. This expansion potential allows for increased rental income or the option to occupy one unit while generating rental revenue from the others. Such flexibility makes this property a versatile and lucrative investment opportunity. Investing in this area is particularly enticing due to its reputation as a great rental area. The demand for rental properties remains high, ensuring a consistent stream of potential tenants seeking accommodation. This favorable rental market, coupled with the property's strategic location, creates an ideal scenario for long-term profitability. Don't miss out on the chance to acquire this exceptional 2-4 unit building with a vacant land lot in the historical Medical Center area. With its convenient access to the highway, recent basement upgrades, and the potential for future development, this property offers both immediate returns and long-term investment value. Secure your stake in this prime real estate opportunity today.

Property Details

PRICE
$824,900
BEDROOMS
4
BATHROOMS
3
SQFT
N/A
YEAR BUILT
1885
PARKING SPOTS
2
MLS #
11812175
FULL ADDRESS
818 818 Leavitt Street
CITY
Chicago, IL
ZIP
60612

Listing Details

Listing Office
Compass
Listing Agent
Rafay Qamar
Contact
312-319-1168
Last Data Update
2023-09-11T21:19:31Z

Interior

BATHROOMS
3 Full Bathrooms

Schools

School District
299
Elementary School
Irving Elementary School
High School
Manley Career Academy High Schoo

Buy This Home With a Local Expert

22 years. 600+ Chicago closings. Individual, hands-on representation from first tour through close. Ken can be your buyer's agent on this property. Call 773.398.5585 or drop your details below.

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