4201 S Normal Avenue

Canaryville, Chicago, IL 60609

Legal 4 Units above grade with zoning certificate and an additional full basement on a corner lot in booming South Bridgeport/North Canaryville area! Located off a quiet cul-de-sac street surrounded by newer construction and single family homes with pride of ownership apparent. An incredible opportunity for the seasoned rehabber/investor. Gut rehab with some new trusses needed. Building has a solid foundation and is sitting straight. After rehab, building will bring in, at minimum, $5,000/month, upwards of $6,000/month in income ($60,000-$72,000/per year), depending on finished product and finishes. Plenty of front, side and rear setbacks to play with floor plans, maximize exterior decks for each unit, as well as ample private year yard space. New buyer to obtain full plans and permits. Highest use is in the 4 unit allowance with all 1 bed/1 bath units. Not included in the above grade 4 unit count is a large 1,200 SF basement with good ceiling height and front and rear ingress/egress that may allow for one, or both, first floor units to duplex down for additional room count and gross income. To be an incredibly easy-to-manage building upon completion.

This is an Active listing.

Broker Office Phone Number: 773-466-7150

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