3533 W 12th Place, Chicago, IL 60623 For Sale

Exceptional turnkey investment opportunity in this beautifully renovated brick graystone featuring three residential units plus a finished basement with additional living space. The building is currently tenant-occupied, providing immediate rental income, while the third-floor unit presents an excellent opportunity for an owner-occupant or can be leased to maximize rental potential. The first and second-floor units each offer 3 bedrooms and 1 spa-inspired bathroom, while the expansive third-floor unit features 4 bedrooms and 1 bathroom. Every residence showcases a modern loft-style design with approximately 9-foot ceilings, gleaming hardwood floors, quartz countertops, updated cabinetry, stainless steel appliances, central heating and air conditioning, and thoughtfully selected contemporary finishes. The bathrooms feature elegant glass-enclosed showers, creating a luxurious feel throughout. The finished basement includes 2 bedrooms, 1 bathroom, tall ceilings, and both front and rear entrances, providing flexible additional living space. This fully rehabbed graystone beautifully preserves its original stone-carved craftsmanship and timeless architectural character while offering today's modern conveniences. Extensive improvements include all new windows, new plumbing and electrical systems, a newer roof, and a tempered glass front entrance door. Separate gas and electric meters for each unit simplify property management and utility billing. Situated on an oversized 5,587-square-foot lot, the property also offers four dedicated parking spaces, providing added convenience for residents and the potential for additional rental income. A coin-operated laundry area in the basement offers an additional income-producing amenity. Whether you're looking to expand your investment portfolio with a strong income-producing asset or searching for a spacious home with built-in rental income potential, this exceptional graystone combines timeless character, outstanding craftsmanship, and modern finishes in a truly move-in-ready property.