1501 N Cleveland Ave
- Prime Old Town location steps from the Wells Street corridor and Sedgwick Brown Line
- Current zoning allows for up to 7 units
- Separate furnaces and water heaters in each unit
- In-unit laundry
- Private rooftop terraces
- 5-space garage
Property Description
Kiser Group presents 1501 N Cleveland Ave, a 4-unit multifamily property in Chicago's Old Town neighborhood. The building offers approximately 7,000 square feet of rentable space. Unit 1 occupies the ground floor, Unit 2 spans the second floor, and Units 3F and 3R each duplex up to the fourth floor. Each unit features its own furnace and water heater, along with in-unit washer and dryer. All utilities are paid by tenants with the exception of water and trash, minimizing owner expenses. Three of the four units have access to their own private outdoor terrace. The property also includes a 5-space garage, a rare parking amenity in Old Town that provides additional income potential.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | 2-4 Units |
| Price: | $2,200,000 |
| No. of Units: | 4 |
| Year Built: | 1883 |
| Lot Size: | 0.07 Acres |
| Opportunity Zone: | No |
| Price per unit: | $550,000 |
| Property Website | Click Here |
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