1309-1311 W Granville Avenue

Fantastic Investment Property in this highly desirable Edgewater neighborhood! This property has been lovingly owned and maintained by one family since the 1960's! 4 easy-to-rent units plus 4 garage spaces! All units are currently fully rented providing steady income stream! The rents are currently below market rate so there is so much potential in this one! This all-brick building sits on an extra-large 40' wide lot which provides ample space for large units. Three units have been consistently updated over the years providing vintage charm and modern conveniences and one unit has had the consistency of a long-term tenant. The central entry stairway provides a comfortable arrival for each unit. Inside each apartment you'll enter a welcoming front entry with hall closet for coats and extra storage. Each unit has a front living room with ceiling fan and decorative fireplace surrounded by built-in bookcases which open into an adjacent sunroom with abundant windows and light which is perfect for a sitting area or home office with a view of the mature trees lining Granville Avenue. The hallway leads to a separate dining room which could also be a secondary family room, and a bathroom with a tub/ shower combo. The spacious kitchens have a gas range, microwave, utility closet and built-in shelves and plenty of counter space and separate pantries as well as a back south-facing sunroom. The back doors open to the fully enclosed rear common stairwell that leads to the patio and the 2 2car garages. The clean and dry basement has coin laundry facilities and separate storage lockers for the tenants. This building sits in a prime location and is walkable to CTA bus lines #151 Sheridan, #136 Sheridan/ LaSalle/ Express, #147 Outer Lake Shore Drive Express, #36 Broadway, #22 Clark, and #155 Devon. The CTA red line is only 1.5 blocks away and a 20-minute ride to downtown. You can walk to the running and bike trails of the lakefront or the beautiful beaches of Lake Michigan only 4 blocks away. Loyola University is 1 mile, and the building is walkable to many restaurants & shops including Whole Foods, Metropolis coffee shop, Moody's Pub, CVS, Edgewater Athletic Club, Schools, religious institutions, Edgewater Hospital and so much more! A gem of a building nestled in a quaint friendly neighborhood by the lake!