2647 W Cortez Street

Terrific opportunity to own a legal 3-flat uniquely set back on a charming, one-way, tree-lined street bursting with natural light and new construction all around in bustling West Town. The remarkable renovation of the top floor owner's unit makes this a perfect owner-occupied investment opportunity. Top floor features a phenomenal kitchen, solid core doors, new windows, a tankless HW heater, and modern floor stain. This solid blonde brick building has 100% copper plumbing and PVC waste lines, copper water service, and $25k of masonry work completed in 2022 (including all lintels, parapet walls, and the entire building tuckpointed). All three units have an open floorplan, central air/heat, 100-amp in-unit panels, big front windows, and in-unit W/D. Countless improvements have been made during the current ownership(see detailed list in additional info). The building really comes alive on the first floor with our Airbnb, "The Urban Bungalow," which has historically operated at 85% occupancy and provides a massive ROI with over $3,200 per month in cash flow. Enjoy the extra income from two front driveway parking spots equipped with EV charging. The location is fantastic, just steps away from the groovy California Corridor (including Spinning J's, Rootstock Wine, California Clipper, Signetore, and Chicago High School for the Arts) and a short walk to the 207-acre Humboldt Park. Don't sleep on this outstanding 3-flat with a proper owner's unit. This is the deal you have been waiting for! Broker owned/interest.