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2655 W Leland Ave

Chicago IL 60625

9
2
Multi-Family
Currently for sale - view listing

Overview

Gorgeous, extra large, turnkey, fully occupied gem in the quiet heart of Lincoln Square - a remarkable legal 3-flat brick building on a tree-lined street that promises both instant value and future potential. Buildings maintained and updated this well are a rare find. All three units have 3 bedrooms and 1 bath. Unit 1 enjoys a front sunroom, in-unit laundry (2017), central A/C and furnace (2017), updated windows and newer appliances. Unit 2 also features a sunroom, boasting a full renovation in 2019, including new floors, kitchen, fixtures, doors, and windows. Newer central A/C and furnace (2018) ensure years of reliability. Garden is spacious with high ceilings and has its very own back patio. Beyond each unit, a 2-car garage brings additional income, functional oasis of a backyard is surrounded by flowers, and completely new back porch (2021) and concrete walkout (2021) means outdoor space for everyone, as well as years of easy maintenance and excellent drainage to boot. Additional value in: new smart intercom/buzzer system (2022), well-maintained roof, tuckpointed 2019, foundation sealed 2020, new water main 2017, and coin laundry in common basement shared between garden and second floor. The neighborhood is as good as it gets, with easy access to buses, El station, shops, shopping, dining, and schools; this should never see a vacancy. There are leases in place until mid 2024, so this is an ideal armchair acquisition for a savvy investor and is a great 1031 candidate. Contact agent for additional details!

Features

9 bedrooms
2 carspaces
2 garage spaces
Multi-Family

Property history for 2655 W Leland Ave

2017
Sold
$765,000
22 Mar 2017 by Margaret Baczkowski, of Jameson Sotheby's Int'l Realty

Happy sellers in Chicago

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Local market activity for 9 bedroom multi families in Chicago

In the last 12 months, 4 nine-bedroom multi families similar to 2655 W Leland Ave, have been sold.

This represents a 56% increase in nine-bedroom multi families sales when compared to the previous 12 months.

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