218 S Main Street

Mount Prospect, Illinois 60056

Opportunity is knocking! Are you listening? A Rare Find! A charming legal 2 flat that offers the savvy buyer a number of ownership options such as the opportunity to offset their mortgage payment with excellent rental income. This classic Chicago bungalow is in great shape 1 block from town, Metra, lots of new restaurants, Caputo's market, Starbucks and much more. This gives you the Chicago vibe of a trendy neighborhood right here in Mount Prospect, one of the suburbs most desirable communities complete with great schools and park district among many other pluses! The gigantic 2.5+ car detached garage and long driveway makes room for numerous vehicles. There is a fenced yard for pets too. The home is spacious and is in excellent condition with refinished hardwood floors in the huge living and separate formal dining room as well as the 2 bedrooms on the first floor. The enclosed 3 season front porch is another pleasing Bungalow architectural feature. The kitchen complete with a small pantry has very new appliances and a new hood over the stove. The 1st floor bath has been updated with a very large walk-in shower. All the windows in the house have been replaced and the seller has upgraded the electric system as well as adding central air ($22,000- the summer of 2023) to the first floor. Roof is 2008 and boiler has been replaced recently. The back of the house is pure Chicago 2 flat with 2 enclosed back porches (unheated, but comfortable for 3 seasons). The porches are off the kitchens of both apartments and provide access to both apartments as well as to the huge dry unfinished basement. The upstairs apartment is very roomy with a large eat-in kitchen, 2 bedrooms and a huge room that could be a den, huge upstairs office, playroom or 3rd bedroom. Come see it today. It is well worth your time! The upstairs apartment is currently rented to a close relative of the seller at a discounted rate of $1,100/month. The tenant tentatively would like to stay until the end of March but has some flexibility. The first-floor apartment is vacant for immediate occupancy at closing. Mt. Prospect's downtown is exploding with all kinds of things to do and this location is about 1 block to Metra train to downtown. This location could mean just being able to have only one car. Make a smart financial decision and buy it today.