Listed by The Margie Smigel Group, LLC
$639,900
3761 S Lake Park Avenue
Details
APN 17351020290000
Property Type Multifamily
Sub Type Apartment Building
Year Built 2000
Multifamily
Marketing description
Rarely available Lake Park Avenue duplex! This property offers exceptional flexibility for owner-occupants, multigenerational living, or investors in a sought-after Bronzeville location near the lakefront and downtown. The property features a 3-bedroom, 1.5-bath owner's duplex and a private 2-bedroom, 1-bath garden unit with strong rental potential. The main duplex boasts hardwood floors throughout, a kitchen with stainless steel appliances, updated bathrooms, and a separate laundry room. The primary suite includes a private balcony with seasonal lake views and a walk-in closet with the potential to add a second full bath. Enjoy seamless indoor-outdoor living with an oversized patio deck and a large backyard. The potential for additional space, such as an office or studio, is found within the separate 2-bedroom, 1-bath garden unit, in-unit laundry. This unit features its own private entrances and offers this additional living space for the owner's use, related living, guests, or as a source of strong rental income. Outdoor space includes a landscaped side yard and patio area. The property is conveniently located near the lakefront, Oakwood Beach, Mandrake Park, public transportation, shopping, and nearby neighborhoods, including Hyde Park, Kenwood, and South Loop. Easy access to Lake Shore Drive, parks, bike trails, and downtown Chicago completes this opportunity to own a solid, well-cared-for property. The property is being sold as is, and the price reflects the garage requiring repair or replacement. The property has two addresses (3761-3763). The lower-level unit's most recent rental income (2022) was $1,900. Agent owned/interest.
Listing Contacts
Listed by The Margie Smigel Group, LLC
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Zoning
RM-5 ResidentialMulti FamilyResidential Multi Unit District
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