Nearby Schools
Oscar Mayer Elementary SchoolElementary School
Oscar Mayer Elementary SchoolMiddle School
Lincoln Park High SchoolHigh School
Description
Extraordinary flexibility with this incredible double lot Greystone in the heart of the De Paul area of Lincoln Park on magnificent Fremont Street! Building is a 4-unit structure with a huge 5500 square foot 5 bedroom 4.1 bath owner's unit and three charming rental apartments for a total of approximately 9,000+ square feet. Four options: 1. Move in as a live in owner and have many of the building's expenses paid for with rental units. 2. Convert to condos. 3. Use as an investment property (all units are under rented and there is great value add opportunity) 4. Convert to large and stately single-family home. The building has a grand and elegant facade and has been impeccably maintained by long time owners. Newer and separately metered mechanicals throughout the home. Windows have been updated (Marvin in owner's unit). Roof is approximately three years old. Interior infrastructure all updated. Garage roof and decks are two years old. All rents are low due to excellent tenants and month to month leases. Unit #1: Owners' unit is five bedrooms/4.5 bath home plus kitchen, and adjacent great room, formal dining room, office and huge lower-level rec room. Many vintage/original details are intact eg. beautiful stain glass windows, inlaid floors, multiple decorative fireplaces, beautiful woodwork. but home has modern amenities. Attached two car garage, amazing yard, roof deck and multiple HVAC systems. Unit #2: Large two bedroom /1 bath unit with great charm. Updated kitchen, HVAC, washer/dryer and bonus den. Currently vacant but could rent for $3,500. Tenants pay heat/air and electric. Marvin windows are on the 2nd floor unit. Unit #3: Two bedroom/1 bath unit with large sun porch. Updated kitchen, HVAC and tenants currently pay $2000 -low due to month-to-month status. Tenants pay for heat/air/ and electric. Pella windows. Unit #4: One bedroom/1 bath with updated kitchen, HVAC and tenant currently pays $1200 - very low due to month-to-month status. Tenant pays for heat/air/and electric. Pella windows. Very bright and sunny home. Building has extraordinary outdoor space. Beautiful front garden, back patio, 4 deck areas, deck over the garage and on the roof with spectacular views. Truly a gem in the area. Oscar Meyer School district. Close to brown line, steps to De Paul University, great shops/restaurants on Armitage/Halsted. Gorgeous tree lined street. Zoning RT4
Location
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Based on information submitted to the MRED as of date and time shown below. All data is obtained from various
sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change
without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 28th May, 2023 9:45 AM (UTC)
sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change
without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the
office/agent presenting the information. © 2022. http://www.mredllc.com/comms/resources/DMCA_Notice.pdf Updated: 28th May, 2023 9:45 AM (UTC)
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