$780,000
$749,900
4.0%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,484 Sqft Lot
SOLD DATE : 10/04/2024
Key Details
Sold Price $780,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12114832
Sold Date 10/04/24
Style Victorian
Bedrooms 8
Year Built 1902
Annual Tax Amount $12,547
Tax Year 2022
Lot Size 3,484 Sqft
Lot Dimensions 3496
Property Sub-Type Two to Four Units
Property Description
Incredible opportunity to purchase this jumbo legal 3-flat on an extra wide lot - this is the best priced 3-flat in all of Lincoln Square and Ravenswood, and has been updated and reconfigured to create three unique apartments - Unit 1 is a full-floor 3Br/2Ba with formal dining room, generous bedrooms, and ample storage - Unit 2F is a front facing duplex up 3Br/2Ba with tons of natural light, central heat+AC, and in-unit W/D - Unit 2R is a simple and practical 2Br/1Ba. Rents are currently under market with adjusted, market-rate rents generating an estimated $82,500/yr (annual adjusted net income ~$57,084). Excellent opportunity for an investor or live-in owner, since Units 1 and 2F are larger and more desirable than your average rental unit. Prime location on the border between Ravenswood and Lincoln Square, walkable to dozens of shops and restaurants, and easy access to both the Metra and CTA Brown Line.
Location
State IL
County Cook
Area Chi - Lincoln Square
Rooms
Basement Unfinished, Full
Interior
Heating Natural Gas, Steam, Radiator(s)
Equipment CO Detectors, Ceiling Fan(s)
Fireplace N
Exterior
Community Features Curbs, Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Building Description Aluminum Siding, No
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Aluminum Siding
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Christopher Engelmann of Keller Williams ONEChicago
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "