1329 W Thorndale Avenue

Description

THIS EDGEWATER MULTI-UNIT HAS BEEN LOVINGLY MAINTAINED UNDERGOING SEVERAL RECENT UPDATES AND WITH OVER $97,000 IN YEARLY RENTAL INCOME IT WORKS WELL FOR BOTH AN OWNER OCCUPANT OR AN ARMCHAIR INVESTOR. HOME SITS ON AN EXTRA-WIDE LOT. BUILDING IS ALSO EXTRA-WIDE WITH A 24 FOOT WIDE INTERIOR ALLOWING FOR JUMBO-SIZED APARTMENTS. FLOORS 1-3 CONSIST OF EXTRA LARGE 3 BEDROOM/1 BATH UNITS. THERE'S ALSO A NON-CONFORMING GARDEN UNIT WITH 2 BEDROOMS/1 BATHROOM. GARDEN UNIT HAS DIRECT ACCESS TO BOTH THE FRONT AND REAR YARD AND ITS CEILING HEIGHT IS GENEROUS AT JUST UNDER 8 FEET. LISTING AGENT AND OWNER DO NOT WARRANTY THE LEGALITY OF THE GARDEN UNIT. THE COMMON FRONT ENTRYWAY IS BEAUTIFUL WITH ORIGINAL NEWEL POSTS, ORIGINAL LEATHER WALLPAPER, AND HANDSOME CHAIR RAIL DETAIL. UNIT FOYERS LEAD INTO MASSIVE LVING ROOMS. ALL LIVING ROOMS HAVE ATTRACTIVE DECORATIVE FIREPLACES FLANKED WITH ORIGINAL BUILT-INS AND TWIN OPERABLE/ORIGINAL STAINED GLASS WINDOWS. OFF THE LIVING ROOMS ARE BIG SUN ROOMS EACH WITH NO FEWER THAN 10 FULL-SIZED WINDOWS BATHING THE SPACE IN SUNLIGHT. A SEPARATE DINING ROOMS IS BRIGHT AND SUNNY WITH 4 OVERSIZED WINDOWS. KITCHENS ARE WELL EQUIPPED WITH AMPLE CABINETRY/COUNTERTOPS PLUS AN ORIGINAL BUILT-IN HUTCHES. KITCHENS ALSO HAVE DIRECT ACCESS TO SOUTH-FACING THREE SEASONS SUN PORCHES. ALL BEDROOMS EASILY FIT OVERSIZED BEDS AND ALL HAVE WALK IN CLOSETS. BATHROOMS BOAST ORIGINAL CAST-IRON TUB/SHOWER COMBOS, ORIGINAL PENNY TILE FLOORING, ORIGINAL BUILT-IN STORAGE HUTCHES, AND PEDESTAL SINKS. THE GARDEN LEVEL UNIT WAS BUILT OUT FROM THE GROUND UP IN 2007. ITS ORIGINAL CEMENT FLOORING LEVELED AND TOPPED WITH TILE FLOORING. WINDOWS FOR THE GARDEN UNIT ARE LARGE ALLOWING FOR A BRIGHT INTERIOR. A LARGE/OPEN CONCEPT LIVING/DINING/KITCHEN FEATURES MAPLE WOOD CABINETRY AND EXPANSIVE SOLID SURFACE COUNTERTOP. THE GENEROUSLY-SIZED BEDROOMS HAVE BIG CLOSETS AND BATHROOM IS EQUIPPED WITH PEDESTAL SINK AND TUB/SHOWER COMBO. OCCUPYING THE REAR PORTION OF THE GARDEN LEVEL IS THE COMMUNAL LAUNDRY WITH TWO SETS OF COIN OPERATED WASHERS AND DRYERS - ALL OWNED BY THE LANDLORD - ACTING AS AN ADDITIONAL PASSIVE INCOME SOURCE. IF DESIRED, IN UNIT LAUNDRY COULD BE EASILY ADDED INTO ALL FOUR RENTALS THEREBY COMMANDING HIGHER MONTHLY RENTS. ADDITIONAL INTERIOR FEATURES INCLUDE: A FULL BATHROOM BUILT OUT OFF OF THE COMMUNAL LAUNDRY ROOM IN 2007; ORIGINAL MOLDING/TRIM IN EXCELLENT CONDITION; ORIGINAL OAK/MAPLE HARDWOOD FLOORING RECENTLY REFINISHED AND IN PRISTINE CONDITION; AND FULLY ENCLOSED REAR COMMON STAIRWELL. REAR YARD FEATURES TWO RECENTLY UPDATED OUTDOOR PATIO AREAS. A TWO CAR BRICK GARAGE IS CURRENTLY NOT RENTED OUT BUT IF IT IS YOU SHOULD ANTICIPATE ABOUT $4000 MORE IN YEARLY RENTAL INCOME FLOW. THERE HAVE BEEN MANY RECENT UPDATES TO THE PROPERTY INCLUDING: NEWER ROOFS OVER BOTH THE HOME AND GARAGE - BOTH COMPLETE TEAR OFFS; TUCK POINTING TO BOTH HOME AND GARAGE; EXTENSIVE CONCRETE WORK COMPLETED IN THE REAR YARD PATIO; ADDITIONAL CONCRETE WORK COMPLETED TO REAR ENTRY EXTERIOR STAIRWELL; CHIMNEY REPAIRED; MULTIPLE FLOOD CONTROL SYSTEMS INSTALLED - ACCESSIBLE CHECK VALVE FLAP, SUMP PUMP, PLUS DRAIN TILE SYSTEM; UPDATED PLUMBER RISERS; AND UPDATED ELECTRICAL. PROPERTY ZONED RT4 SO IT IS A POTENTIAL CONVERSION CANDIDATE. LOCATION IS IDEAL WALKING DISTANCE TO ANDERSONVILLE SHOPPING/DINING, THE CTA RED LINE, THE SOON TO BE COMPLETED METRA TRAIN STATION, PLUS LAKEFRONT BIKE/JOGGING PATHS, PUBLIC GREEN SPACE, AND SEVERAL BEACHES. PROPERTIES LIKE THIS DON'T COME ON TO THE MARKET OFTEN SO ACT QUICKLY.