On Market 4433 N. Broadway ,
Chicago, IL

4433 N. Broadway

Neighborhood

Uptown

Number of Units

3

Price

$550,000

Highlights

  • 3-Unit Building Consisting of (1) Retail Storefront (1) 2Bd/1.5Ba and (1) 2Bd/1Ba
  • The second unit is in the process of a full gut rehab updated electrical, mostly copper piping and gas lines in place.
  • Total gut rehab and tons of opportunity for a new owner to completely redesign the building.
  • Easy Access to Public Transportation: Wilson CTA Station

Description

This venture holds great appeal for real estate investors looking to tap into the Uptown neighborhood of Chicago. This vacant building offers tons of potential for a new owner to continue on the previous owner’s remodeling and construction efforts. The front apartment (2W) is a 2 bed 1.5 bath with minor improvements required to make this unit rentable. The second apartment (2E) is a 2 bed and 1 bath unit and is in the middle of a total gut rehab. Substantial work has been started in this unit including copper piping, updated electrical wiring, and gas lines in place. The retail space was last rented to a beauty salon but remains vacant and ready to be renovated to a new tenant’s needs. The building’s strategic location, coupled with the growing demand for revitalized urban living, positions it as a lucrative investment. Bringing the renovation to fruition promises not only substantial returns but also the creation of a valuable asset that enhances the fabric of the surrounding community.

Listed By: Michael Masterson

Contact your Essex 312 broker for more information.