Chicago, IL, November 16, 2018 --(PR.com
)-- As Chicago rents continue to rise, homeowners are turning to proven real estate investment opportunities to capitalize on the market while setting up a future for themselves.
Popular in the 1900s, Chicago two-flat properties became transitional opportunities in between apartment living and single family homes. Today, these similar home styles are rising to popularity once again. One property to recently hit the luxury market truly highlights the return of the popular two-flat home style designed for today's buyers.
Sitting on a huge 36’ x 196’ lot, 4753 N Dover Street is quite possibly the most opulent newer construction multi-family property in Chicago. Listed at $1,825,000 the main residence comprises of five bedrooms, three and a half bathrooms, five-star chef kitchen with a 16’ island and high-end appliances, beautiful coffered ceilings, entertainment spaces throughout, a three-car garage and more.
Additional conveniences include oversized saunas, a personal exercise room and in-home wet bar. The expansive outdoor space includes a 35’x25’ saltwater pool enclosed by a wraparound deck with separate entertaining spaces. The statement outdoor fireplace is accompanied by a full entertainment system, lounge areas, outdoor kitchen and dining space and space for ten.
The second unit has a separate entrance, perfect for investors looking to rent out the space. Featuring three full size bedrooms and two bathrooms, with spa-like finishes, the attention to detail is not missed. The expansive kitchen has a huge island for food prepping and seating for four, coffered ceiling living room, radiant heat flooring throughout, an oversized entertainment space and personal indulgences like the second bathroom sauna.
Represented by Phyllis Bisceglie of Sergio and Banks Real Estate, this Ravenswood property has high-end luxury amenities with income potential from both long-term or short-term renters. “There truly is no other property like this in the area. As a fully remodeled and newer construction two flat, you get the best of Chicago living with a great income opportunity.
Sergio and Banks Real Estate is an independently owned and operated company, regularly ranked among top agents in the Chicago area and recognized by Chicago Association of Realtors.