What happens when a property goes into Foreclosure? It becomes an amazing opportunity for someone else! This English Tudor style 3 flat has absolutely awesome potential and is located in the vibrant West Ridge community. Currently a legal 3 Flat, with a finished basement that presents nothing but possibilities. Unit 1: 3 BR / 1.5 BTH. Unit 2: 3 BR / 2 BTH. Unit 3: 3 BR / 2 BTH. One Unit is occupied. One is vacant and in relatively decent shape for a Buyer who is looking to owner-occupy. The 1st floor Unit is in rough shape and in need of renovation. Once work is completed, with over 2, 000 sqft on each level, this property will make for some of the most fantastic and sought after apartments in the neighborhood. Basement is partially finished, including 1 bedroom, 1 bathroom, living space, and a kitchen area. Residents can relish in the back patio. The 3 car brick garage is an added bonus, especially in the City! What's nearby? Well..what isn't nearby? Take a culinary trip around the world on Devon Ave. Shopping at Target on Peterson, Aldi's on California, or choose from so many of the other stores in the area). Public transportation, including the new Metra station just over a mile away. River trails and the Northshore Sculpture Park along McCormick. Short trips to access DuSable LSD or 94 xpwy. Whether you work or play downtown or in the 'burbs, this is the ideal location to call Home. EACH Unit has a Furnace and Hot Water Tank. 1st, 2nd, and 3rd floors have Central A/C. NOTE: A/C for 2nd and 3rd floors are NOT working properly at this time and there is no A/C for the space in the basement. There are 4 electric panels (basement and common areas are currently set up on the same panel) and 4 gas meters. Lis Pendens (Pre-Foreclosure) and likely Short Sale. PROPERTY IS TO BE SOLD AS-IS, WHERE IT STANDS. As stated on the Property Disclosures, there are structural / foundation concerns that have been identified by a professional General Contractor / Foundation Repair Expert and the current Owner has received an estimate to stabilize the foundation, which can be shared once an Offer to Purchase is received, along with Proof of Funds or a Pre-Approval Letter. CASH / CONSTRUCTION LOAN ***ONLY*** NOTE: Laundry Washer and Dryer in the basement will NOT remain with the property. Owner / Broker makes no guarantee or claim of the legality of the basement [unit]. SELLER(S) WILL DO THEIR BEST TO CLEAR THE PROPERTY OF ANY PERSONAL BELONGINGS AND/OR DEBRIS, BUT WILL NOT MAKE ANY GUARANTEE TO BUYER(S). Information on MLS is assumed to be accurate, but NOT guaranteed. Buyer/Buyer's Agent should verify all relevant MLS information. Schedule a showing of this beautiful building that could be yours for years (and generations) to come.
