Description
Set on a 47-foot wide corner lot on "Mansion Row" in historic Wicker Park, a German coal magnate built this handsome Victorian beauty in 1890. Original architectural features have been preserved including a substantial stone facade, oak millwork, intricate moldings, carved fireplace mantles, stained glass windows, and hardwood floors. Currently, this home is configured as a legal 3-flat generating $116,000 in annual revenue, with rents rising as we come out of Covid. It is comprised of two 2-bedroom simplex units and a 4-bedroom duplex penthouse. Other features include a fenced side yard, and numerous updates including complete tuckpointing, a new slate roof, reconstruction of the front portico as well as new rear and side porches, and a new water heater. This home is ideal as an income property, for a live-in owner/investor, or for conversion to a 6,000 sqft single-family home. The location near the Damen L-stop and some of Chicago's most popular restaurants, boutiques, and amenities is a bonus!
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8BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
School Information
Description
Set on a 47-foot wide corner lot on "Mansion Row" in historic Wicker Park, a German coal magnate built this handsome Victorian beauty in 1890. Original architectural features have been preserved including a substantial stone facade, oak millwork, intricate moldings, carved fireplace mantles, stained glass windows, and hardwood floors. Currently, this home is configured as a legal 3-flat generating $116,000 in annual revenue, with rents rising as we come out of Covid. It is comprised of two 2-bedroom simplex units and a 4-bedroom duplex penthouse. Other features include a fenced side yard, and numerous updates including complete tuckpointing, a new slate roof, reconstruction of the front portico as well as new rear and side porches, and a new water heater. This home is ideal as an income property, for a live-in owner/investor, or for conversion to a 6,000 sqft single-family home. The location near the Damen L-stop and some of Chicago's most popular restaurants, boutiques, and amenities is a bonus!
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