2245 W School St Chicago, IL 60618

Roscoe Village legal 3 unit building is perfect for an owner occupant or investor with $78,000 in gross rental income/ 6.5% cap rate. The building features a gorgeous and just remodeled 2 level duplex-up that is super spacious and offers a versatile floorplan that can fit a variety of needs! The kitchen is brand new and offers a big walk-in pantry, new cabinets, quartz countertops, marble backsplash, SS appliances, LED can lighting and porcelain tile floor. This unit also features 2 newly remodeled baths, in-unit laundry, charming original built-in hutch, original oversized baseboards/trim, wood beams on top floor, newly refinished oak hardwood floors throughout, lighting, newer windows/skylights and a professional paint job. The market rent for this unit is $3600/month with 2 car garage included. The other 2 rentals are 2 bed 1 bath and bring in $2,900/month in combined rental income. Both units have a mix of cool vintage built-ins and modern updates and are extremely easy to rent with some room to increase. Garden unit and 1st floor unit share coin laundry in the basement and they pay their own utilities. Great yard with new cedar fence, new landscaping and a 2-car garage. UPDATES INCLUDE: 2021 - Rehab of top floor unit. New Cedar fence and landscaping. 2019 Remodel of first floor unit includes updated kitchen, bath, floors, ss appliances, paint, window treatments and rehab of English garden unit - updated kitchen, bath, floors, ss appliances, paint, window treatments. 2016 Brand new windows on first and second floors. 2014 new furnace in garden unit. Located on a great street in Roscoe Village and blocks to all the awesome restaurants, cafes and shops!!