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523 E 41st Street

$430,000
523 E 41st Street, Chicago, IL 60653
523 E 41st Street

523 E 41st Street

$430,000

1891 Graystone 2-flat building boasts five bedrooms 3 full bathrooms in the booming Bronzeville neighborhood. 15-minute commute via bus or train to downtown; 7 min drive. Walk, run, or jog to lake front. This beauty is nestled on a quiet and SAFE block with long-term residents. This is a unique property full of old-world CHARM and class. Escape into the tranquility of a single-family home with an income producing garden unit (could be used as Airbnb or long-term rental property) with this legally zoned 2-flat building. The upper unit is filled with character, charm with nearly 2000 sq ft of living space. The top unit is well appointed with a character filled foyer, with three bedrooms two full baths...the upper floor has the three bedrooms, one bath, an enclosed sun porch, deck and laundry room. The main level of the upper unit has a living room, dining room, another newly rehabbed bathroom, and a study/office. The garden unit is a 2-bedroom 1-bathroom simplex basement unit with a formal dining room, living room, two bedrooms, kitchen, w/d hookup and luxury bath. There is a concrete slab for parking Please do not disturb the first-floor tenant. Property conveys with tenant in place with month-to-month verbal lease. This property may need a bit of TLC but perfect for owner occupant or savvy investor - possibilities are endless. This property is listed well below appraised value as the owner is looking for a quick sale. Property is sold AS-IS (with upper unit tenant in place for new owner) both homes were remodeled over the last few years. There is one boiler and two separate hot water heaters and electricity panels. There is no garage but there is a concrete parking pad which can be zoned for the new owner's garage. Don't miss out on the deal of the century - it's wont last long. No repairs or warranties will be granted.
Tiffany Willis
Tiffany Willis Contact

Features & Amenities

Interior

Total Bedrooms 5
Total Bathrooms 3

Exterior

Water Source Lake Michigan
ROOF Flat
Heat type Natural Gas
Sewer Public Sewer
Substructure Concrete Perimeter

Area & Lot

Status Sold
MLS® ID 11392404
Type Residential
Year Built 1890
Neighborhood 60653
School District 299

Financial

SALES PRICE $430,000
REAL ESTATE TAXES $5,025/yr

60653

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