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About This Home

This 5-bedroom, 3-bathroom residential multi family at 3761 S Lake Park Avenue in Chicago, IL is listed for $639,900. Built in 2000, on a N/A lot.

Agent Description

Rarely available Lake Park Avenue duplex! This property offers exceptional flexibility for owner-occupants, multigenerational living, or investors in a sought-after Bronzeville location near the lakefront and downtown. The property features a 3-bedroom, 1.5-bath owner's duplex and a private 2-bedroom, 1-bath garden unit with strong rental potential.

The main duplex boasts hardwood floors throughout, a kitchen with stainless steel appliances, updated bathrooms, and a separate laundry room. The primary suite includes a private balcony with seasonal lake views and a walk-in closet with the potential to add a second full bath.

Enjoy seamless indoor-outdoor living with an oversized patio deck and a large backyard. The potential for additional space, such as an office or studio, is found within the separate 2-bedroom, 1-bath garden unit, in-unit laundry. This unit features its own private entrances and offers this additional living space for the owner's use, related living, guests, or as a source of strong rental income.

Outdoor space includes a landscaped side yard and patio area. The property is conveniently located near the lakefront, Oakwood Beach, Mandrake Park, public transportation, shopping, and nearby neighborhoods, including Hyde Park, Kenwood, and South Loop.

Easy access to Lake Shore Drive, parks, bike trails, and downtown Chicago completes this opportunity to own a solid, well-cared-for property. The property is being sold as is, and the price reflects the garage requiring repair or replacement. The property has two addresses (3761-3763). The lower-level unit's most recent rental income (2022) was $1,900. Agent owned/interest.

Key Features

  • Built in 2000
  • 2 parking spaces

Property Details

2 full, 1 half
2 spaces
2000

Monthly Cost Estimate

$3,422/mo

20% down · 6.5% · 30 years

Principal$463
Interest$2,773
Insurance$187

Estimates only. Actual payments may vary.

Location

3761 S Lake Park Avenue

Chicago, IL 60653

Features & Amenities

Exterior Features

BalconyLighting

Property Details

Construction

Brick

Pool Features

DeckPatio

Parking

GarageOpen

Heating

Natural Gas

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 3761 S Lake Park Avenue is listed at $639,900. The estimated monthly payment is $2,773 based on 20% down at 6.5% interest.

Key features include: Built in 2000, 2 parking spaces. Exterior Features: Balcony, Lighting.

This property is listed by Benita Cathey and can be reached at (312) 953-1466 or benitacathey@gmail.com.

BC

Benita Cathey

Agent at The Margie Smigel Group, LLC

(312) 953-1466

Listed by The Margie Smigel Group, LLC · View on Broker Site

MLS# 12671795· Source: listhub· Updated 2 days ago

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3761 S Lake Park Avenue, Chicago, IL 60653

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