3843 N Lakewood Avenue new

Chicago,IL 60613

$ 1175000

8 Beds

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12205207

Bedrooms 8

Year Built 1905

Annual Tax Amount $23,692

Tax Year 2023

Lot Dimensions 4175

Property Description

Welcome to 3843 N Lakewood, a unique 3-flat property located in the heart of Chicago's vibrant Lakeview neighborhood. This charming building features three well-maintained units, each offering spacious living areas, modern kitchens, and ample natural light. Perfect for investors or owner-occupants looking for rental income potential. Convenient location near shops, restaurants, and public transportation. Additionally, there is an opportunity to purchase the adjacent vacant lot at 3841 N Lakewood for an extra $525,000. This lot provides great potential for expansion or development, making it a rare find in this sought-after area. There is an opportunity to add laundry to units and increase rent. Further possibility to add a basement unit to increase future rent potential.

Location

State IL

County Cook

Rooms

Basement Full

Interior

Heating Natural Gas

Fireplace N

Exterior

Waterfront false

View Y/N true

Building

Sewer Public Sewer

Water Lake Michigan,Public

New Construction false

Schools

School District 299,299,299

Others

Ownership Fee Simple

Special Listing Condition None

View More
Favorite Go Tour