Well Maintained Building Perfectly Located In Lake View Near Southport – $1,049,850 (SOLD)

3734 N Wayne Ave, Chicago, IL 60613

3734 N Wayne Ave exterior buyer rebates
Enviable location, extra wide lot, zoned RT 3.5, great rents, this well maintained building in Lake View has endless possibilities. Keep as an armchair investment property or convert to a single family home. Block is full of $2MM plus homes. Rents are below market. All units have large bedrooms, updated kitchens and bathrooms and have separate utilities. Priced close to land value. Add this to your portfolio today or make it your home. First and second floor units over 1,100 square feet each. Seller or listing office does not warrant legality of garden unit.

 

 

Property Financials:

  • Total Monthly Rent – $5,630
  • 1st Floor Unit – $1830
  • 2nd Floor Unit – $2100
  • Garden Unit 3 – $1400
  • Garage Space 1 – $150
  • Garage Space 2 – $150
  • Annual Gross Rental Income – $67,650
  • Gross Expenses – $14,000
  • Annual Net Operating Income $53,560
  • Property Taxes $12,362

Neighborhood View

Desirable location surrounded by multi-million dollar homes.

3734 N Wayne Ave, Chicago, IL 60613 neighborhood view

2nd Floor Unit

Living Room

2nd floor unit has been updated, each unit boasts more than 1,100 square feet.

3734 N Wayne Ave, Chicago, IL 60613 living room 2nd floor

Dining Room

Tall ceilings and large windows in every unit.

3734 N Wayne Ave dining room 2nd floor

Kitchen

The 2nd floor unit has been owner occupied, has stainless steel appliances including the dishwasher.

3734 N Wayne Ave kitchen 2nd floor

 Updated kitchens in each unit.

3734 N Wayne Ave kitchen 2nd floor

Bedroom

The large bedrooms have plenty of closet space.

3734 N Wayne Ave bedroom

Bathroom

The bathroom has been recently updated.

3734 N Wayne Ave bathroom

Bedroom 2

This bedroom is currently functioning as an office and provides generous sized closets.

3734 N Wayne Ave, Chicago, IL 60613 bedroom

1st Floor Unit

Living Room

The 1st floor unit has the original untouched trim and a convenient foyer with a coat/mud room.

3734 N Wayne Ave living room 1st floor

All three units have been well maintained, little or nothing to update.

3734 N Wayne Ave, Chicago, IL 60613 living room 1st floor

Dining Room

Hardwood floors throughout the first and 2nd floor units.

3734 N Wayne Ave dining room 1st floor

Kitchen

Recently updated kitchen with a dishwasher and plenty of room for a table.

3734 N Wayne Ave kitchen 1st floor

A large pantry is located just off the kitchen.

3734 N Wayne Ave kitchen 1st floor

Bedroom

Every bedroom boasts large windows and plenty of natural light.

3734 N Wayne Ave bedroom

Bathroom

The hard work with all of the kitchen and bathroom updates have been made, just keep the rents coming.

3734 N Wayne Ave bathroom

Bedroom

Every bedroom features plenty of closet space.

3734 N Wayne Ave bedroom

Garden Unit

Living Room

The garden unit has over 7′ high ceilings.

3734 N Wayne Ave, Chicago, IL 60613 living room garden apt

Kitchen

The garden unit provides plenty of natural light.

3734 N Wayne Ave kitchen garden apt

All of the kitchens including the garden unit have a dishwasher.

3734 N Wayne Ave kitchen garden

Bathroom

Garden unit bathroom.

3734 N Wayne Ave bathroom

Exterior Back

The back porch features private balconies on the 1st and 2nd floor units.

3734 N Wayne Ave, Chicago, IL 60613 rear exterior

Yard/Garden

The extra wide 30′ lot allows for a possible 3 car garage.

3734 N Wayne Ave backyard

Roof Top Deck

Great place for bbq’s.

3734 N Wayne Ave, Chicago, IL 60613 rooftop deck

Additional Features:

  • Roof Top Deck
  • Extra Wide Lot
  • 2 Car Garage

Contact Information:

Please contact Gary Lucido at 312 738 0232 for a showing. Click here to see our other Chicago Area Homes for Sale.