161 E Chicago Avenue 40de

Chicago, IL 60611

About this property

Rare opportunity with this property! Enjoy incredible views from this high-floor DE combination unit with desirable south and west exposures, filling the home with natural light throughout the day. The flexible split floor plan offers endless possibilities. Currently configured as one expansive residence, it can also be converted back to its original layout as a large studio (D unit) and a 2-bedroom (E unit), as the studio kitchen remains intact. With no current rental restrictions, the investment potential is exceptional. Keep the home as-is and enjoy the generous living space, live in one unit and rent the other, or rent both for maximum income potential. A truly unique opportunity in a building where most D and E units have already been combined. Monthly assessment: 2839.38 2024 Taxes: $17,267.02.

About this property

Rare opportunity with this property! Enjoy incredible views from this high-floor DE combination unit with desirable south and west exposures, filling the home with natural light throughout the day. The flexible split floor plan offers endless possibilities. Currently configured as one expansive residence, it can also be converted back to its original layout as a large studio (D unit) and a 2-bedroom (E unit), as the studio kitchen remains intact. With no current rental restrictions, the investment potential is exceptional. Keep the home as-is and enjoy the generous living space, live in one unit and rent the other, or rent both for maximum income potential. A truly unique opportunity in a building where most D and E units have already been combined. Monthly assessment: 2839.38 2024 Taxes: $17,267.02.

Features and Additional Information

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$899,000 Active Under Contract
3 Bed(s)
3
Baths
2,700 sqft

Presented By Chicagoland Brokers Inc

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Brokerage
Baird & Warner
1-773-697-5555
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Area Information

CHI Near North Side | Cook County |

$ 899,000
This listing is play_arrow 73.1% higher than the average in the area
$ 519,500 in the area
2,700 SqFt
This listing is play_arrow 165.0% larger than the average in the area
1,019 SqFt in the area
$ 333 $/SqFt
This listing is play_arrow 35.1% less than the average in the area
$ 513 $/SqFt in the area
57 days on site
This listing is play_arrow 30.5% below the average in the area
82 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Caroline Druker
Brokerage: Baird & Warner

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