64 E Cedar St

Chicago IL 60611

0.06 ac.

Land

Currently for sale - view listing

Overview

Incredibly rare opportunity to own a stunning & classic Chicago building designed by the renowned John Wellborn Root in 1884 located on one of the loveliest and most desirable blocks in the city. Legal 6 unit. This south facing mansion (The George L Healy House) is an extra-wide 25 feet across that was converted to 6 units decades ago. The property now provides a unique development opportunity for a stunning owner occupied multi-unit, an investor looking for huge returns on AirBnB/Short term rentals, a portfolio builder looking for a blue chip downtown rental property, a luxury condo conversion, or de-convert back to the stunning original mansion. Perfect access to offer each unit outdoor space as well as room for unit expansion. Current set-up includes 1 lower level studio, 1 lower level raw space w/ bath, two first floor one bedroom units and two upper floors that have been gutted and feature over 1200 sf each with nearly 12 foot ceilings. Ideal layouts could include: Top floor duplex with 4 simplexes below | Two full floor units (see proposed plans in photos) with 4 simplexes | 4 duplex units (top two floors would be a front and back unit duplex with 1st floor and garden connected). See photos and attached floor plans for more details. ONLY vetted Serious buyers will be provided showings.