Old Town/Gold Coast compound on oversized lot! NON COMMERCIAL FINANCING POSSIBLE DUE TO 4 PINS! Beautiful historic brick surround & security gate open to wide, enchanting courtyard - an uncommon estate boasting tranquility & privacy. 5 extraordinary residences: 3 level owner’s abode, investment garden unit & 3 free-standing coach houses. Main unit substantially updated w/ the highest of standards & materials - blend of historic beauty w/ modern amenities. Exquisitely outfitted w/ architectural details, interior boasts old world style & craftsmanship. Highlights: 2019 kitchen reno, impressive 2 story liv rm w/ hewn beams, 3 frplcs, hrringbone hrdwd flrs, updated bathrooms. Extensive gardens lead to 3 charming cottages at parcel’s rear radiating w/ character. Hard to imagine this setting only blocks to bustling Wells St shopping/dining, Michigan Ave, buses/trains. TAXES APPEALED! Unique piece of real estate w/ endless possibilities (AirBnb, investment) on one of Chi’s premier streets! Originally an "artists colony". One 3 level owners unit w/ attached garden rental (2 flat lot approx 37X76) & 3 two story coachhouse cottages (lots total approx 72X33 in rear). "L" shape lot w/ courtyard in middle. 4 SEPARATE PINS SO RESIDENTIAL FINANCING IS POSSIBLE! 2017 Taxes $33,011, 2018 Taxes APPEALED. Main front building facade & fence are historically protected, anything visible from public right of way. Convert to single family or keep as unique owner occupant or Airbnb/multifamily investment. Survey, floor plans & recent improvements in additional info. All leases end 4/30/20 w/ 90 day terminations. Rents listed are projected - actual rents are way under market: 152 Coach-$2200/mo, 152 Garden-$2200/mo, 154 Coach-$2300/mo, 156 Coach-$2200/mo. Easy rental parking options in the area for $250-275/month. Airbnb comps suggest the owners unit could rent for $315 per night (conservative) at 80% occupancy=$91,000/yr. Garden unit & Coach Houses for $159 per night (conservative) at 80% occupancy=$184,000/yrX4 units.
