1514 W Fry ST Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60642
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12501339
Bedrooms 5
Year Built 1903
Annual Tax Amount $28,569
Tax Year 2023
Property Sub-Type Two to Four Units
Property Description
Motivated Seller - WIDE 40' LOT! 5 TOTAL UNITS - Exceptional investment opportunity in one of Chicago's hottest growth corridors-East Village/West Town/Noble Square! This solid brick 3-flat includes a non-conforming basement unit and coach house, offering significant income potential and multiple exit strategies. Ideal for an investor, developer, or house-hacker looking to capitalize on location and value-add possibilities. Long-term tenants currently in place with below-market rents unlock immediate upside through renovation and rent adjustments. Units 1 & 2 feature forced heat and central air; Unit 3 offers forced heat with window A/C. Prime urban setting surrounded by new construction and renovated multi-units, with quick access to I-90/94, #9 Ashland and #72 Chicago buses, restaurants, coffee shops, and nightlife. Endless potential-convert, upgrade, or rebuild for maximum ROI. Property sold as-is. Seller and agent make no legal representation as to the non-conforming units.
Location
State IL
County Cook
Area Chi - West Town
Zoning MULTI
Interior
Heating Natural Gas
Equipment CO Detectors
Exterior
Community Features Park,Sidewalks,Street Lights,Street Paved
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Otis Elementary School
High Schools Wells Community Academy Senior H
School District 299 ,299, 299
Others
Special Listing Condition List Broker Must Accompany