NOT LISTED FOR SALE

1523 W Ardmore Ave Chicago, IL 60660

Edgewater Neighborhood
8 Beds
4 Baths
-- Sq Ft
1910 Built

Last Sold October 23, 2020

Last sale price $930,000

76 Days on Market

Highlights

  • Sun or Florida Room
  • 3 Car Detached Garage
  • 5-minute walk to Senn Park
  • Den

About This Home

As of October 2020

Legal brick 3 flat with in-law unit in a fantastic Andersonville location. A great choice for owner occupant or investor. Huge 2bd 1ba units with a large entrance foyer as well as front and back sunrooms. Rare open concept kitchen layout that is open to the dining room that can easily be converted into a 3rd bedroom. 2nd level unit has a private balcony off the back. All units have central heat and air. Nicely manicured back yard for grilling and outdoor hangs. Large brick 3 car garage. Units have been rehabbed throughout the years with all the big tickets items addressed. Roof tear off 2013, all newer windows, tuck-pointing 2019. Common laundry room in the basement that provides extra income. Additional storage for tenants or owner. Opportunity for higher-income as current rents are under market. Building located just off Clark Street. Walk to Andersonville nightlife, shopping, restaurants, and transportation. 13min walk to Thorndale Red line stop.

Last Agent to Sell the Property

Luke Wojcik

Triton Realty Group LLC License #475139979 Listed on: 06/23/2020

Last Buyer's Agent

Evan Smeenge

Compass License #471021714

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,893

Year Built

  • Built in 1910

Parking

  • 3 Car Detached Garage
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • Den
  • Sun or Florida Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Finished Basement

  • Walk-Out Basement
  • Partial Basement

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units
  • Andersonville Subdivision

Building Details

  • Electric Expense $963
  • Fuel Expense $1,239
  • Water Sewer Expense $1,722
  • Gross Income $66,900
  • Net Operating Income $53,995

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,893

Year Built

Built in 1910

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Subdivision Name: Andersonville
  • Year Built: 1910
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial, Walkout
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Room Type: Den, Sun Room
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Microwave,Central Air Conditioner,Fireplace-Artificial
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Artificial
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Fireplace-Artificial
  • Room: 8

Exterior Features

  • List Price: 949900
  • Roof: Rubber, Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 3
  • ParkingTotal: 3
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Lake Michigan

Condo/Co-op/Association

  • Conversion YN: N

Fee Information

  • Water Sewer Expenses: 1722

Schools

  • Middle/Junior School District: 299

Lot Info

  • Lot Dimensions: 3720
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: Yes
  • TenantPays: Electric,Gas,Parking

Multi Family

  • Net Operating Income: 53995
  • Fuel Expense: 1239
  • ElectricExpense: 963
  • GrossIncome: 66900
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 3 Flat

Tax Info

  • Tax Annual Amount: 8893.34
  • Tax Year: 2019
  • Tax Exemptions: Homeowner

Range of Values:

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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
10/23/2020 10/23/20 Sold $930,000 -2.1% --
09/07/2020 09/07/20 Pending -- -- --
08/19/2020 08/19/20 Price Changed $949,900 -4.0% --
06/23/2020 06/23/20 For Sale $989,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Luke Wojcik

    Seller's Agent in 2020

    Luke Wojcik

    Triton Realty Group LLC

    (773) 610-9054

    3 in this area

    83 Total Sales

    Luke Wojcik
    Section Image
  • Evan Smeenge

    Buyer's Agent in 2020

    Evan Smeenge

    Compass

    (616) 879-9934

    3 in this area

    85 Total Sales

    Evan Smeenge
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10756858

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60660 Edgewater

1523 W Ardmore Ave, Chicago, IL

This home is located at 1523 W Ardmore Ave, Chicago, IL 60660 since 23 June 2020. This property was built in 1910. 1523 W Ardmore Ave is a home located in Cook County with nearby schools including Peirce School of International Studies, Senn High School, and Passages Elementary Charter School.

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