3801 S Giles Ave

Chicago IL 60653

0.05 ac.

Multi-Family

Currently for sale - view listing

Overview

Attention investors & developers! Opportunity knocks on this handsome brick 3 Flat perfectly situated on a corner lot in hot Bronzeville. RM-5 ZONING offers great value-add potential! Fantastic opportunity for a condo de- conversion or keep as income-producing multi-unit building. Three legal units plus one non-conforming garden unit, tenant occupied. Month to month leases below current market value. Brand new rear porch with large decks provides great outdoor space. Two car garage. Near Mariano's & Lake Meadows Shopping Center, close to IIT, Lake Shore Drive, Guaranteed Rate Field, Washington Park, the University of Chicago, Museum of Science and Industry Chicago, McCormick Place, and Arie Crown Theatre. Unit mix consists of two-2BD/1BA, one-1BD/1BA, plus a non-conforming 1BD/1BA Garden Unit. Gross Rental income: $40,200

Features

5 bedrooms

2 carspaces

2 garage spaces

0.05 ac. lot size

Multi-Family

Property history for 3801 S Giles Ave

2017

Sold

$242,801

29 Sep 2017 by Jorge Vigil, of RE/MAX Vision 212

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