4535 North Spaulding AvenueChicago, IL 60625Price: $650,000

Ideally situated on a quiet tree-lined street in coveted Albany Park, this beautiful and meticulously maintained, legal 3-unit property offers a rare combination of location, flexible occupancy, and significant upside potential. Pride of ownership is evident throughout; the current owner recently updated the siding, windows, and kitchens, replaced several mechanical systems, and performs regular routine maintenance and inspections to keep the property in great shape. The first-floor is a sun-drenched 2-bedroom, 1-bathroom English garden unit featuring a living room with full-size windows, a bathroom with a large linen closet, an eat-in kitchen with a mosaic backsplash and a large walk-in pantry/storage closet. The second floor features a larger 2-bedroom, 1-bathroom unit with hardwood floors, an inviting foyer, a living room with beautiful bay windows, a spacious dining room with a decorative fireplace, an updated bathroom with a linen closet, and an eat-in kitchen with a tile backsplash, updated appliances, and an oversized walk-in pantry. The third-floor is finished similarly but offers 3 full bedrooms and 1 bathroom. Units 2 & 3 both have large enclosed porches for great additional storage. A full attic provides even more storage and the potential to duplex-up and create an expansive owner's unit. Additional highlights include a two-car garage, a shared laundry room, and a spacious, beautifully landscaped fenced-in yard, offering great outdoor space for relaxing, al fresco dining, or entertaining. Incredible location just two blocks from the Brown Line, Starbucks, and walkable to many great parks, cafes, and eateries. With its strong rental appeal, numerous updates, and the potential to duplex-up into a luxurious owner's unit, this property is ideal for buyers seeking an income-producing asset in a rapidly appreciating neighborhood or those looking to build equity while offsetting their monthly housing costs. Fantastic opportunity for investors and owner-occupants alike!