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2901 W Arthington Street

$459,900
2901 W Arthington Street, Chicago, IL 60612
2901 W Arthington Street

2901 W Arthington Street

$459,900

Legal 3-unit (8 bed, 3.1 bath) with additional framed out basement for future added value. Owner collects $1,000/ month from tenant. Great for an investor or a homeowner paying down their mortgage with rental income. Love the charm of East Garfield Park with this captivating, extra-long brick 3-flat nestled on a corner lot. Boasting versatility for both investors and homeowners, this property presents an exceptional opportunity in a burgeoning neighborhood. The second floor, an ideal owner's retreat, spans the entire length of the building, offering 4 beds & 1.5 baths. The first floor is ingeniously divided into two legal units, each featuring 2 beds & 1 bath, with front & side access for added convenience. Unlock the full potential of the expansive basement, already framed and plumbed for a bathroom, providing an additional 1,900 sqft of space. With front and rear exits, envision the possibility of creating a 4th unit or a duplex down for each of the 1st floor units. Adding to the allure, a detached 2-car brick garage ensures hassle-free off-street parking. Recent exterior enhancements include full tuckpointing and restoration of the brickwork, while newer windows installed within the last decade enhance energy efficiency and aesthetic appeal. Though requiring some tender care to restore its original splendor, the architectural beauty of this property shines through. Situated on a serene block with proximity to I-290 and adjacent to an Elementary & High School, it offers seamless access to downtown Chicago, the Medical District, and Rush Hospital. Convenience is key with local amenities including stores, public transportation, restaurants, supermarkets, and parks mere moments away. Zoned RT-4, this property brims with potential to become a lucrative investment. Don't miss out on this golden opportunity to make your mark in East Garfield Park! What will stay with the sale: 2 stoves, 2 fridges, 2 hot water heaters, 1 boiler. No A/C units will be transferred to next owner. Owner collects $1000/ month from the first floor front tenant.
Ed Grochowiak
Ed Grochowiak Contact

Features & Amenities

Interior

Total Bedrooms 8
Total Bathrooms 5

Exterior

Garage Space 2.0
Water Source Lake Michigan, Public
Lot Features Corner Lot
Heat type Natural Gas, Radiator(s)
Sewer Public Sewer

Area & Lot

Status For Sale
MLS® ID 12084071
Type Multi-Family
Year Built 1907
School District 299

Financial

SALES PRICE $459,900
REAL ESTATE TAXES $4,953/yr
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Thank you for your interest in 2901 W Arthington Street, Chicago, IL 60612. We are reviewing your request and will be in touch shortly!

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