Description
Incredible opportunity for investor and developer in booming Irving Park neighborhood on combined 50x125 lot re-zoned to RM-4.5 Residential Multi-Unit District. Use approved plans included in sale to construct a new 3 story building with 6 residential dwelling units (2 duplexes down & 4 simplex) with 6 parking space. Existing 2-UNIT building is currently rented $1950/month with lease ending 03/31/21 and the option to terminate prior to the end of the lease by 30-day notice.
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0.14ACRES
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01/2 BATHS
Description
Incredible opportunity for investor and developer in booming Irving Park neighborhood on combined 50x125 lot re-zoned to RM-4.5 Residential Multi-Unit District. Use approved plans included in sale to construct a new 3 story building with 6 residential dwelling units (2 duplexes down & 4 simplex) with 6 parking space. Existing 2-UNIT building is currently rented $1950/month with lease ending 03/31/21 and the option to terminate prior to the end of the lease by 30-day notice.
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