Seller's Agent in 2023
Owen Duffy
Fulton Grace
(312) 966-5770
40 in this area
295 Total Sales
1442 N Paulina St Chicago, IL 60622
Wicker Park Neighborhood
7
Beds
7
Baths
3,744
Sq Ft
2,400
Sq Ft Lot
About This Home
As of August 2023Fantastic opportunity to own this fully rented 5 unit building in A+ Wicker Park location. An owner investment opportunity with stabilized rents and potential for increases. Unit mix is made up of (3x) 1 Bed + den/1 Bath and (2x) 2 Bed/2 Bath layouts. Each unit features hardwood floors, high ceilings, and great natural light. Large communal courtyard between front and rear buildings. The recently built Coachhouse (2020) has two duplex units which include in-unit laundry, spacious bedrooms, and plentiful closets. This can be a great armchair investment with over $120,000 in gross income per year. This property is located in the heart of Wicker Park near public transit, the highway, and Jewel Osco. Just steps away from Milwaukee Ave shops & dining.
Last Agent to Sell the Property
Fulton Grace Realty License #475125711 Listed on: 03/01/2023
Co-Listed By
Kyle Aldrich
Fulton Grace Realty License #475163554
Last Buyer's Agent
Non Member
NON MEMBER
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $30,665
Lot Details
- 2,400 Sq Ft Lot
- Lot Dimensions are 24x100
Home Design
- Brick Exterior Construction
- Pitched Roof
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Exterior Basement Entry
Bedrooms and Bathrooms
- 7 Bedrooms
- 7 Bathrooms
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Listing and Financial Details
- Tenant pays for electricity, heat
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $415
- Insurance Expense $7,755
- Maintenance Expense $3,740
- Other Expense $6,800
- Water Sewer Expense $4,998
- Operating Expense $54,373
- Gross Income $10,400
- Net Operating Income $70,427
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/31/2023 08/31/23 | Sold | $1,200,000 | -7.3% | $321 / Sq Ft |
| 07/21/2023 07/21/23 | Pending | -- | -- | -- |
| 04/18/2023 04/18/23 | Price Changed | $1,295,000 | -4.1% | $346 / Sq Ft |
| 03/01/2023 03/01/23 | For Sale | $1,350,000 | -- | $361 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Owen Duffy
-
K
Seller Co-Listing Agent in 2023
Kyle Aldrich
Fulton Grace
-
N
Buyer's Agent in 2023
Non Member
NON MEMBER
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11728073
APN: 17062130410000
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