NOT LISTED FOR SALE

1029 W Wolfram St Chicago, IL 60657

Lakeview Neighborhood
10 Beds
4 Baths
3,204 Sq Ft
1881 Built

Last Sold March 08, 2024

Last sale price $1,100,000 $343 Per Sq Ft

3 Days on Market

Highlights

  • Lower Floor Utility Room
  • 2-minute walk to Diversey Station
  • Forced Air Heating System
  • Lincoln Park High School Rated A
  • Brick Porch or Patio
  • 5-minute walk to Wiggly Field Dog Park

About This Home

As of March 2024

This is a versatile, turnkey 3-flat investment property located on the best block in South Lake View with $100K+ rental income. Recently renovated unit mix includes a duplex down (5/2), a 3 bed/1 bath simplex, and a 2 bed/1 penthouse. Summer leases, spacious floor plans, separate utilities, strong tenant mix, in-building laundry, beautiful hardwood built-ins, a half block from the brown/purple line, ample outdoor parking, and Lincoln Park High School. Property is a perfect fit for an owner/occupant, value-add investor, or just collect $100K+ in rent. A fantastic investment property on a wonderful block walkable to all that Lake View has to offer.

Last Agent to Sell the Property

Megan Weber

Dream Town Real Estate License #471020805 Listed on: 01/23/2024

Dream Town Real Estate

Last Buyer's Agent

Dan Nelson

Compass License #475189264

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $18,264

Year Built

  • 1881

Home Design

  • Asphalt Roof

Interior Spaces

  • Ceiling Fan
  • Lower Floor Utility Room
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 10 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Lincoln Park High School

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Lake Michigan Water

Additional Features

  • Brick Porch or Patio
  • Lot Dimensions are 25x125

Community Details

  • 3 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$18,264

Year Built

1881

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1881

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 10
  • Other Equipment: CO Detectors, Ceiling Fan(s)
  • Room Type: Utility Room-Lower Level
  • Basement Description: Finished,Exterior Access
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Porch, Brick Paver Patio
  • List Price: 1099000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Vinyl Siding,Steel Siding

Garage/Parking

  • ParkingTotal: 4
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Lake Michigan

Schools

  • High School: Lincoln Park High School
  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 25X125
  • Zoning: MULTI
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 18264
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 3 Flat

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2024 03/08/24 Sold $1,100,000 +0.1% $343 / Sq Ft
01/27/2024 01/27/24 Pending -- -- --
01/23/2024 01/23/24 For Sale $1,099,000 -- $343 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Megan Weber

    Seller's Agent in 2024

    Megan Weber

    Dream Town Real Estate

    (847) 209-8280

    3 in this area

    49 Total Sales

    Megan Weber
    Section Image
  • Dan Nelson

    Buyer's Agent in 2024

    Dan Nelson

    Compass

    (773) 295-1751

    1 in this area

    151 Total Sales

    Dan Nelson
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11966167

Midwest Real Estate Data (MRED)

APN: 14292280110000

Illinois Cook County Chicago 60657 Lakeview

1029 W Wolfram St, Chicago, IL

This home is located at 1029 W Wolfram St, Chicago, IL 60657 since 23 January 2024. This property was built in 1881. 1029 W Wolfram St is a home located in Cook County with nearby schools including Harriet Tubman Elementary School, Lincoln Park High School, and Alphonsus Academy & Center For The Arts.

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