Multi-Family•Low-Rise/Garden•For Sale

Bucktown Turn-Key Multifamily Investment

1940 N Hoyne Street, Chicago, Illinois 60647

Sale Price $844,000
Sale Type Owner User
Zoning RS-3
Bldg Type Multi-Tenant
Year Built 1902
Year Renovated 2016
Stories 3
Vacancy 100%
Annual Taxes $18,790.00
Gross Bldg 2,700 SqFt
Land Area .06 Acres
Project Size 3
Improvements Turn-Key Investment Property in the Heart of Bucktown.
Market Logan Square
Sub-Market Bucktown
MLS# 10526797
Incredible opportunity to own a turn-key legal three-unit condo quality investment property in the heart of Bucktown. Incredibly well maintained all brick two-flat + garden was recently converted from a 3-unit condo building into a single owner. Garden 1bd/1ba fully gut rehabbed in 2016 to the studs/foundation. Unit includes modern & sleek wide-open concept, custom sliding glass bedroom doors, radiant heat polished concrete floors, in-unit W/D, high efficiency tankless water heater and SS appliances. Unit 1 1 bd/1 ba + den features HW floors, gas FP, high ceilings, granite counters/floors, original pocket shutters, built in's in office/dining, private deck, new W/D in 2016. Unit 2 1bd/1ba + den features bamboo floors, wainscoting throughout, high ceilings, built in's in office/living room/mudroom. Never an issue to find tenants on this quiet tree-lined street located steps to boutique stores, award winning restaurants and public transportation including L and Metra. Incredible opportunity to own a turn-key legal three-unit condo quality investment property in the heart of Bucktown. Incredibly well maintained all brick two-flat + garden was recently converted from a 3-unit condo building into a single owner. Garden 1bd/1ba fully gut rehabbed in 2016 to the studs/foundation. Unit includes modern & sleek wide-open concept, custom sliding glass bedroom doors, radiant heat polished concrete floors, in-unit W/D, high efficiency tankless water heater and SS appliances. Unit 1 1 bd/1 ba + den features HW floors, gas FP, high ceilings, granite counters/floors, original pocket shutters, built in's in office/dining, private deck, new W/D in 2016. Unit 2 1bd/1ba + den features bamboo floors, wainscoting throughout, high ceilings, built in's in office/living room/mudroom. Never an issue to find tenants on this quiet tree-lined street located steps to boutique stores, award winning restaurants and public transportation including L and Metra.
  • Turn-Key Investment Property in the Heart of Bucktown
  • Over $275,000 Spent on Recent Rehab/Renovations
  • Former Condo Building - Still Separate PINs Per Unit
  • Rare One-Bedroom Units - Less than 15% of Market
10/30/2019 4:10:47 PM 1/9/2020 10:03:13 PM
Mikus Kins
SVP, Managing Director Commercial Division
Centered | RCG
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