1639 North Claremont Avenue

Chicago IL 60647

Multi-Family

Currently for sale - view listing

Overview

Exceptional investment opportunity in the vibrant Bucktown neighborhood that's on the market for the first time in 27 years! This brick 3-flat plus charming coach house, is a rare find for investors seeking income-generating properties in a prime location. Each unit showcases its own unique charm, with varying upgrades throughout, providing a blend of modern comforts and classic character. This property offers good potential upside for a savvy investor with the flexibility to expand your portfolio or eventually live in one unit while renting out the others. Tenants pay their own electric, gas and heat. Each unit features hardwood floors, individual central gas forced heat, and individual water heaters. Unit #3 also includes central air conditioning. Situated in a prime location, this property is just steps from the epicenter of Wicker Park and Bucktown at North/Damen/Milwaukee with trendy restaurants, boutique shopping, and public transportation all within easy reach, making it a highly desirable spot for tenants. Don't miss this opportunity to own a versatile, income-producing property with significant upside potential. ** Note: The taxes have been successfully appealed with the Assessor's 2025 market value reduced to $1.34M from $1.6M. The anticipated tax savings are estimated at $5,400 annually. The taxes stated here in the MLS are based on the Assessor's old value.

Features

9 bedrooms

4 bathrooms

Multi-Family

Happy sellers in Chicago

We have insufficient information to provide an overview of customer satisfaction for Chicago. Viewing the agent profiles, reviews and sales for Chicago can provide insights for this location.