For Sale
928 E 46th St, Chicago, IL, 60653
Investment at a glance
Annual Revenue
$81K
Gross Yield
18.1%
Occupancy
60%
Cap Rate
10.9%
Historic Kenwood. Live in the entire space or subsidize your income with the separate ADU compliant garden unit. If you are looking to add your finishing touches and walk in with instant equity, this home could be for you. This home combines the beauty of Historic Chicago, including built-in bookshelves, hardwood floors, original millwork, and more; thoughtful updates with an extremely spacious layout and creative room for your own special touches. Inside, you'll find tall ceilings, new flooring, and an open flow between the living and dining areas. The kitchen includes stainless steel appliances, granite countertops, and plenty of cabinet storage. There are four bedrooms upstairs with a full bathroom and a powder room. There is room to add a second full bath to create a stunning primary oasis. Downstairs, there is a separate unfinished basement with two points of entry, perfect for additional living space, Airbnb/short-term rentals, or related living. Located on a quiet, tree-lined street, the property is close to parks, schools, public transit, and local shops and restaurants.
Interested in this property?
Ask about this property and we will follow up quickly.
Tell us about the deal and we'll hand-pick 2–3 lenders who specialize in properties like this one. Connecting with our DSCR and conventional lending partners is free, and you approve every introduction.
Free · No credit pull · Takes about a minute