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2854 W Farragut Avenue

$795,000
2854 W Farragut Avenue, Chicago, IL 60625
2854 W Farragut Avenue

2854 W Farragut Avenue

$795,000

This well maintained, oversized brick two flat with finished garden apartment has been owned by the same long-term owners for over 50 years. This amazing property feels like 2 single family homes with a 3rd non-conforming 2BR, 1BTH garden apartment in the lower level. This building sits on an extra wide lot providing a wide floor plan and an abundant amount of natural sun light. Each unit is just shy of 1,700 sf. with 3 bedrooms and 1.5 baths. 1st and 2nd floor apartments have their own new gas forced air heating systems and there is a large paved patio area and 2.5 car garage in the back. The basement also has coin laundry and extra storage as well. Additional improvements include: 200 AMP electric service, redone catch basin, newer roof, downspouts, gutters and lentils. Second floor has been recently remodeled as well. Garage currently rents for 250 per month Garden apartment could potentially generate additional rental income of approximately 1350 per month. This is a well taken care of turnkey investment property perfect for the owner-occupied owner or investor alike. All this in a great Budlong Woods location close to the river and Lincoln Square as well.
Michael Hall
Michael Hall Contact

Features & Amenities

Interior

Total Bedrooms 6
Total Bathrooms 4

Exterior

Garage Space 2.5
Water Source Lake Michigan
ROOF Tar and Gravel
Heat type Natural Gas
Sewer Public Sewer
Other Exterior Features Brick Paver Patio, Cable Access

Area & Lot

Status For Sale
LOT SIZE 435.6 Sq.Ft.
MLS® ID 12206128
Type Multi-Family
Year Built 1953
Architecture Styles Georgian
ELEMENTARY SCHOOL Disney Ii Elementary Magnet Scho
MIDDLE SCHOOL Budlong Elementary School
HIGH SCHOOL Northside College Preparatory Se
School District 299

Financial

SALES PRICE $795,000
REAL ESTATE TAXES $12,930/yr
Zoning MULTI
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