Experienced, cash only buyer. Quick close needed. First time for sale in over 40 years! Nice 1883 brick Victorian in top location in the UIC East Campus "Little Italy" neighborhood. Steps to Taylor St. Steps to multiple CTA buses and UIC school bus. Walking distance to UIC east and west campus as well as the Illinois Medical District and UIC, Rush, Cook and West side Va hospitals as well as the UIC medical, nursing, dental and pharmacy schools. Walking distance to both blue and pink line EL trains. Easy access to Roosevelt Rd, I-290, I-90/94 and minutes to downtown. Property is cosmetically medium condition and mechanically updated and well maintained. Most major work was completed 10-12 years ago. Includes an oversized covered porch and 2-car garage. Garage can generate an additional $300+/mo. There is also room for an additional 4 car open air parking. Another $400+/mo. So combined total income potential is closer to $6000+/mo vs the $5275/mo for the listed units. The top and bottom units include a den that increase rental value above a regular 2 BR. This is the ultimate "armchair" property. And long term investment. Property has 100% occupancy at almost all times. Due to high level location, condition and occupancy.
