2459 W Ainslie Street

Classic masonry two-flat on an extra wide and extra deep lot, a half block off Lincoln Ave, and on the market for the first time since 1983. One family has taken care of this building for more than 40 years, and it shows where it counts: newer roof with rebuilt parapet walls, full tuckpointing, separately heated/metered units, vinyl windows, updated electric and plumbing, and newer gas and water lines in the basement. Unit 1 is a 2 bed, 1 bath and Unit 2 is a 3 bed, 1 bath, so live in one and let the other help pay the mortgage, or keep both as a straight investment. The big-ticket work is done, leaving you to bring the finishing touches and the upside. Tons of vintage details remain in the units and have been meticulously restored. The dry, high, and bright basement is perfect for duplexing or a potential ADU. Much of the material needed to finish the units is currently on site, or possessed by the current owners if desired. There is a 2.5-car garage, which in the city is basically a superpower has also been rebuilt. Then there's the location: about an 8-minute walk to the Western Brown Line, minutes to the prairie trails at Winnemac Park and the pool and playground at Welles Park, and around the corner from the shops and restaurants on Lincoln. Grab brats at Gene's, catch a show at Old Town School of Folk Music, hit the farmers market, and definitely plan to be in town for Maifest and Apple Fest. Sold as-is and will need a construction loan or cash financing.