Discover a lucrative investment in one of Chicago's fastest-growing neighborhoods, Avondale. This impeccably maintained two-unit building is a revenue-generating powerhouse. The ground floor unit is a highly successful Airbnb, earning an impressive $55,000 annually. This property is perfect for investors aiming to maximize cash flow and achieve substantial income potential. Both units feature three bedrooms and one bathroom each. Recent renovations include new flooring, updated kitchens with modern appliances, and in-unit washers and dryers for tenant convenience. New water heaters, energy-efficient windows on the second floor, and a meticulously sealed roof enhance the property's long-term value and reduce maintenance costs. Both units and the detached two-car garage are equipped with Level 2 EV chargers, appealing to eco-conscious tenants and increasing rental desirability. Situated on a 25 X 125 lot in Jefferson Township, the property offers unparalleled access to public transport, expressways, the Blue Line, parks, and schools. It's a gateway to experiencing the best of Chicago, from downtown to Wrigley Field. Additional upgrades such as a crawl space encapsulation system, new water spigot, and updated siding on the garage and front porch ensure a worry-free investment. Significant updates already completed minimize future capital expenditures, enhancing net returns. 3750 N Albany Ave stands out as an exceptional opportunity for savvy investors. With its blend of modern amenities, historical charm, and high income potential, this property is positioned to deliver significant returns. Whether you're looking to expand your portfolio or seeking a dependable income-generating asset, this Avondale gem offers the perfect balance of stability and profitability. Schedule a Private Showing

Listing courtesy of MRED / MoHall Commerical & Urban Development as distributed by MLS GRID

Last checked: Checking… • Last updated May 15, 2024 • Source: MRED

MLS# 12055627 — Report a problem