The main reason behind this “Opportunity Knocks” is the potential that 569 Elmwood Avenue possesses.
Along the way, this mixed use property lost much of its original character, which is unfortunate because back in the day this must have been a striking building. But there are plenty of people out there, armed with the design knowhow that would tremendously benefit this building. After all, Elmwood Avenue is deserving of such a makeover, and it wouldn’t be the first time that an investment of this nature has been made. A purchase such as this in the Elmwood Village is a worthy investment, especially with so many new development projects in the works.
I spoke to one of the property’s neighbors who told me that it would be a dream to see this building purchased and fixed up. It would certainly help to set a precedent for a few more properties on the street.
569 Elmwood Avenue is “primetime” for a proper facelift. The building itself possesses (1) large storefront that is currently occupied, (1) three bedroom apartment, (2) two bedroom apartments, and (2) studio apartments. It is currently being listed at $850,000.
Crossing fingers on this one.
This property is for sale by owner and Zillow, Inc. is displaying it at the owner’s request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.
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