1222 W Argyle St Chicago, IL 60640

Rarely Available Center-Entrance Six Flat apartment building primely located in the popular and rapidly growing Uptown neighborhood. This Turn-Key property consists of six (6) apartments all of which were remodeled in 2014. There are four (4) three bedroom, two bathrooms, one (1) four bedroom, three bathroom and one (1) five bedroom, three bathroom. The building is fully rented with multiple tenants on long-term leases. Apartment layouts feature spacious kitchen/living combo rooms, large bedrooms and high ceilings. All apartments have central heat/air, washer/dryer, stainless steel appliances and private balconies. The building sits on an extra-long double lot (50' by 137') and contains six (6) parking spaces directly behind the building. Walking distance to the Argyle Red Line (.2 miles) as well as the lake, multiple beaches, parks and easy access to Lake Shore Drive. This offering provides an investor the opportunity to acquire a stabilized well performing real asset in an irreplaceable location with under-market rents. A new ownership group could continue to capitalize on the strong rental market of Uptown while limiting their exposure to future capital expenditures with a property that was fully renovated in the last 6 years and is in turn-key condition. There is a secondary investment approach to the building as the RT-4 zoning status allows for a condo conversion.