1002 Circle Avenue
Property Description
** CLASSIC 2-FLAT WITH CHARACTER, FLEXIBILITY & INCOME POTENTIAL ** Whether you are looking for a pure investment, an owner-occupied property with rental income, or a multi-generational living arrangement, this well-cared-for legal 2-flat offers plenty of possibilities. The property retains its vintage character, beginning with its handsome brick front facade and lovely, welcoming covered front porch. Hardwood floors and original baseboard and trim extend throughout both units. The spacious first-floor unit offers 3 bedrooms and 1 bath, while the second-floor unit features 3 bedrooms, 1 bath, plus a den. Both units have been consistently rented over the years and have proven desirable and easy to rent. An especially valuable feature: each unit has its own forced-air furnace and central air conditioning, with separate utilities. ** TENANTS PAY THEIR OWN ELECTRIC, GAS & HEAT ** Numerous important improvements have already been made, including an updated 2nd floor kitchen, updated baths, 2 furnaces (2020), 2 central A/C units (2020), 2 water heaters (2022), overhead sewers (2020), electrical panel (2018), and tuckpointing (2018/2019). Windows have also been replaced over the years. The full basement adds functionality to the property, offering shared laundry with a washer (2026), dryer (2025), and utility sink, plus two separate rooms ideal for dedicated storage and other flexible uses. The property also includes 3 exterior parking spaces, plus a spacious backyard ready for your landscaping and outdoor living ideas. Conveniently located 3 blocks from the CTA Blue Line (Harlem stop) and the Roos Recreation Center and Park District of Forest Park Aquatic Center. A solid, well-maintained property with a history of consistent rental demand. Live in one unit while rental income from the other helps with the expenses of ownership, accommodate extended family, or add an income-producing property to your investment portfolio!
Key Property Information
| Listing Status: | Under Contract |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $485,000 |
| Year Built: | 1928 |
| Opportunity Zone: | No |
| Property Website | Click Here |
| Number of Bedrooms: | 6 |
| Number of Bathrooms: | 2 |
ID: 3yd-MREDIL-12732954
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