1746 1750 N Hoyne Avenue

Chicago, IL, 60647

$1,900,000

$1,900,000
Active
Active
 - For Sale
property_type
Land
Bucktown Prime location DOUBLE LOT - Rare opportunity to invest in one of Chicago's hottest neighborhoods ONE BLOCK FROM THE 606. Brick 5-unit building on a double lot in the best part of Bucktown (1746 and 1750 N Hoyne Ave - 2 separate pins). This unique property has not been on the market in 34+ years. Several options for investors: 1. Condo conversion to capitalize on the total value of the property and land parcel. 2. Renovate the five units and cash flow on this investment and increase rental rates. 3. Convert select units into Airbnb rentals for additional cash flow. Currently partially leased under market value. The 1750 side features FOUR 2-bed/1-bath units as well as ONE 1-bed/1bath garden unit. Tenants pay all utilities. 1746 Side is the vacant lot. Surrounded by trendy Damen Ave shopping, renowned dining, and entertainment options with local gems including Small Cheval, Paradise Park, Club Lucky and Irazu. Easy access to 90/94 expressway, one block from the 606, and a few blocks to the Western or Damen blue line. **Building being sold in As-Is condition
MLS ID:
11177414
Listed:
8/3/21
Updated:
9/26/21

School Information

School District
299

Other Property Details

Area Name
CHI - West Town
Taxes
$23108.99
Tax Frequency
per YEAR
Attached Garage
No
County
Cook
Pool
No
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