On Market 4431 N. Broadway Ave,
Chicago, IL

4431 N. Broadway

Neighborhood

Uptown

Number of Units

2

Price

$475,000

Highlights

  • Prime Uptown Chicago Investment: This mixed-use property features a thriving restaurant on the ground floor and a 3-bedroom apartment, offering a steady rental income.
  • Established Tenant Boost: “Taqueria Diamante” restaurant adds vibrancy
  • Growth potential: Modernization and rent adjustments capitalize on Uptown’s rising value.

Description

Positioned prominently within Uptown Chicago, an area poised for significant appreciation and growth, this two-unit mixed-use property presents a prime investment opportunity. The ground floor is occupied by the popular and established “Taqueria Diamante” restaurant—a testament to the locale’s vibrant culinary scene. Above it, a spacious 3-bedroom, 1-bath apartment offers potential for steady residential rental income. The majority of operational expenses are shouldered by the tenant, ensuring an efficient revenue stream for the owner. In line with Uptown’s emerging status as a sought-after Chicago neighborhood, there’s significant potential in modernizing the building and recalibrating rents to reflect its escalating worth.

Contact your Essex 312 broker for more information.