1849 S Springfield Ave

Nice rehabbed 3 unit building w/extra large lot located in the Hot North Lawndale neighborhood. (Opportunity zone). This building features large units with tall ceilings, separate dining rooms, flooring, fence, tuckpointing, gutters, in unit laundry in owners unit, no differed maintenance. There's also a huge attic with possibility of adding an additional unit, massive brick 3.5 car garage. This is great opportunity to live in one unit and pay your mortgage with a nice cashflow or rent all 3 and collect a great monthly passive income @ 11% cap rate when pro forma. The lower units are available one unit has a great long term tenant in place. Just blocks away from the pink line, Ogden corridor, with retail center. Minutes away from the Eisenhower (290) Expressway, Downtown Chicago, public transportation, Douglas park & boulevard and planned major developments. NO FHA!