1547 West Wabansia Avenue
Whether you’re considering selling or buying a multi-family property, the time is ripe for action.. Buyers can unlock New Opportunities with as low as 5% down (owner occupy) with the changing landscape in the multi-family space as the recent decision by Fannie Mae and Freddie Mac to lower the required down payment for owner-occupant purchases. The down payment requirement has dropped from 15%-25% to an astonishingly low 5% for 2-4 unit properties. This move has opened the doors for new buyers, creating a surge in demand for multi-family units in Chicago. Sellers looking to exit could be in a great position with this increased demand.
$1.26m is available to be assumed with a 4.20% rate. Nestled in the heart of the vibrant West Town/Bucktown neighborhood, this meticulously renovated 7-unit building boasts an array of modern luxuries while maintaining its timeless Chicago charm. The expansive coach house unit is a standout, featuring hardwood floors, vaulted ceilings, and strategically placed skylights that flood the space with natural light. The unit's open-concept kitchen dazzles with stainless steel appliances and Quartz countertops, while the walk-in shower adds a spa-like elegance. All-new double-insulated windows ensure year-round comfort. A 2015 gut renovation leaves no detail overlooked, making this an unparalleled offering in one of Bucktown's most sought-after locations.