1016 Deerfield Rd, Deerfield, IL 60015

Spotless and sparkling investment opportunity in a convenient walk-to-everything downtown Deerfield location. With Maplewood Park and its amenities as your immediate neighbor to the west, this outstanding location offers the best of all worlds! The 2 units in this single story brick building are almost mirror images -- each 2 bed, 1 bath, 975 sf each, plus each unit has interior access to their half of the unfinished basement (half basement for each unit). The roof was replaced about two years ago. Newer appliances. Utilities are metered separately EXCEPT water. Currently, owner pays water, sewer and garbage and includes that in the monthly rent. The detached garage provides one covered spot per unit and one exterior parking spot per unit; as seen in the photo, two overhead garage doors and center post were removed and will not be replaced. The duplex has been meticulously-maintained by the current owner, who opted to keep long-term tenants at below-market rates ($1,150 per month per unit). When leases recently expired, one tenant moved out; the other tenant is now month-to-month. The vacant unit is easy to show; the unit with a tenant requires more notice. Because of the lot size, the duplex is considered a legal, non-conforming property, and cannot be expanded, per the Village of Deerfield. However, the adjoining single family property at 1014 Deerfield Road -- listed exempt and owned by the same seller -- offers a single purchaser of both properties the added investment opportunity to re-subdivide the combined land to allow for new options, including creating a total of two duplexes (4 units) on the re-subdivided, combined 1014 and 1016 Deerfield Road properties, per the Village of Deerfield. Should a buyer acquire both -- offered as a package and individually -- their short and long-term investment opportunities increase. Contact the agents for more info; extra info will be added soon under "Additional Information" tab. Photos here are only of 1016 Deerfield Rd's vacant Unit 1 and both units' basement sides, yard and garage. Property is being sold "as is". Note: Floor plan only shows (western) Unit 1; the (eastern) Unit 2 is close to a mirror of 1. The basement floor plan shows the full basement (both units).