Sunny & clean, well maintained victorian style 2-Flat, on tree lined street in hot Avondale/Irving Park. FHA financing welcome, buyers with and without agents welcome. Substantially sized building, with many options. Formerly a successful Airbnb, with large covered front porch, detached 2-car garage, fenced in yard with plenty of room for deck or gardening. Perfect for owner occupied investment, duplex up and/or down, superb Airbnb/rental location, or convert to huge modern single family home. Ideally positioned south of Irving Park Rd, east of expressway, in 60618 zip code. Just a few blocks from Blue Line and I90/94 at Addison for easy access O’Hare, downtown, and suburbs. Area boasts plenty of new home construction, with brand new LA Fitness gym only 1.5 blocks at Addison. Each unit has hardwood floors, open living/dining floor plan. 1st floor has 3 bedrooms, 2nd floor has sun filled 7 x 10 ft. bonus room to utilize as 3rd bedroom, office, or breakfast nook. Attic and basement, both w/ walk-in access from enclosed rear staircase, provide an additional 1,941 unfinished sq. ft for duplexing, in-law, or single family conversion. Attic floors have been reinforced for weight bearing. Full basement with steel structural support beam, laundry area, and above grade windows. Property is located in a City of Chicago Additional Dwelling Unit (ADU) neighborhood, which allows permits for conversion of unfinished space/garage into additional rental units or in-law apartments. Units have separate heat and electric, 1st floor ready for replacement Central AC unit. The 2nd floor is currently rented for $1,700, with a month to month lease. Talk to your mortgage broker about using 75% of current rental revenue toward your mortgage qualifying income. Can provide previous Airbnb financials. Buyer agent 2.5%. Please feel free to contact with any questions or concerns.
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