NOT LISTED FOR SALE

1722 N Mohawk St Chicago, IL 60614

Old Town Neighborhood
12 Beds
6 Baths
5,832 Sq Ft
2,614 Sq Ft Lot

Last Sold July 23, 2021

Last sale price $1,975,000 $339 Per Sq Ft

14 Days on Market

Highlights

  • Furnished
  • Laundry Room
  • Hot Water Heating System
  • Abraham Lincoln Elementary School Rated A-
  • Storage Room
  • 4-minute walk to Hudson Chess Park

About This Home

As of July 2021

GORGEOUS GREYSTONE 6 UNIT IN OLD TOWN / EAST LINCOLN PARK ON ONE OF THE PRETTIEST RESIDENTIAL STREETS. $13,935 / MONTHLY RENT - $167,220 IN ANNUAL GROSS RENTS. NOI OF $115,934, CAP RATE OF 5.8% AND GRM OF 11.9! THERE ARE NOT TOO MANY BUILDINGS LIKE THIS IN LINCOLN PARK. GORGEOUS VINTAGE DETAILS THROUGHOUT INCLUDING LEADED GLASS WINDOWS, ORIGINAL FIREPLACES, BUILT-IN HUTCHES, BEAMED CEILINGS AND OVERSIZED MOLDINGS. VINTAGE DETAILS ARE MIXED WITH MODERN UPDATES. ALL 6 UNITS ARE TWO BED / 1 BATH AND RENT SUPER FAST. 3 UNITS IN FRONT AND 3 UNITS IN BACK AND FULL UNFINISHED BASEMENT. 3 REAR UNITS ALL HAVE WASHER/DRYER IN THE UNITS, PRIVATE DECKS AND THE MITSUBISHI SPLIT DUCTLESS AC. COMMON ROOFDECK WITH AMAZING CITY VIEWS FOR ALL 6 UNITS TO ENJOY. LAUNDRY ROOM FOR FRONT UNITS AND STORAGE IN BASEMENT. 2 EXTERIOR PARKING SPOTS. UNIT 1F IS A REGISTERED AIR B&B APPROVED RENTAL. R5 ZONING. THIS BUILDING HAS BEEN WELL MAINTAINED WITH MAJOR IMPROVEMENTS OVER THE LAST 10 YEARS -- A LIST OF IMPROVEMENTS AND RENT ROLL UNDER ADDITIONAL DOCUMENTS. ONE OF THE BEST CHICAGO NEIGHBORHOODS - WALKING DISTANCE TO THE LAKE, PUBLIC TRANSPORTATION (BROWN & RED LINE) AMAZING RESTAURANTS, SHOPPING, STEPPENWOLF THEATER, SECOND CITY, ETC. BUILDING IN GREAT SHAPE BUT SOLD AS-IS.

Last Agent to Sell the Property

Sharon O'Hara

@properties Christie's International Real Estate Listed on: 05/14/2021

@properties Christie's International Real Estate

Last Buyer's Agent

Scott Tran

Fulton Grace Realty License #475195158

Fulton Grace Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $26,535

Year Built

  • Built in 1895

Lot Details

  • 2,614 Sq Ft Lot
  • Lot Dimensions are 24x122

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Block Foundation

Interior Spaces

  • 3-Story Property
  • Furnished
  • Storage Room
  • Laundry Room
  • Unfinished Basement

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Radiator
  • Hot Water Heating System
  • Heating System Uses Steam

Listing and Financial Details

  • Tenant pays for electricity

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $1,007
  • Fuel Expense $9,213
  • Insurance Expense $2,546
  • Manager Expense $6,500
  • Trash Expense $1,791
  • Water Sewer Expense $2,494
  • Operating Expense $51,286
  • Gross Income $13,485
  • Net Operating Income $115,934

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$26,535

Year Built

Built in 1895

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Flats
  • Stories: 3
  • Year Built: 1895
  • Built Before 1978 (Y/N): Yes
  • Information: 24-Hr Notice Required
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 6
  • Total Bedrooms: 12
  • Basement Description: Unfinished
  • Misc Inside: Storage Inside,Furnished Units Available,Laundry Room
  • Fireplaces: 4
  • Dishwashers: 6
  • Refrigerators: 6
  • Ranges: 6
  • Number of Washers: 4
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • Construction Materials: Brick
  • Foundation Details: Block
  • List Price: 1995000
  • Exterior Building Type: Brick
  • Roof Structure: Flat

Garage/Parking

  • Outdoor Parking: 1-5 Spaces

Utilities

  • Cooling: Wall Sleeve, Window Unit(s)
  • Electric: Circuit Breakers
  • Heat/Ventilation: Hot Water,Radiators,Steam

Condo/Co-op/Association

  • Manager Expense: 6500
  • Unincorporated (Y/N): No
  • Conversion YN: N
  • Owners Association (Y/N): No

Fee Information

  • Trash Expense: 1791
  • Water Sewer Expenses: 2494
  • Janitor Expense: 1200

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.06
  • Lot Dimensions: 24X122
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity
  • Board Number: 8

Multi Family

  • Net Operating Income: 115934
  • Fuel Expense: 9213
  • Insurance Expense: 2546
  • ElectricExpense: 1007
  • GrossIncome: 13485
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 51286
  • Expense Year: 2020
  • Type Multi-Family: Flats

Tax Info

  • Tax Annual Amount: 26535
  • Tax Year: 2019

Range of Values:

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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 List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $1,975,000 -1.0% $339 / Sq Ft
05/28/2021 05/28/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $1,995,000 -- $342 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Sharon O'Hara

    Seller's Agent in 2021

    Sharon O'Hara

    @ Properties

    (773) 895-3360

    11 in this area

    57 Total Sales

    Sharon O'Hara
    Section Image

  • S

    Buyer's Agent in 2021

    Scott Tran

    Fulton Grace

    (773) 318-3881

    3 in this area

    66 Total Sales

    Scott Tran
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11088159

Midwest Real Estate Data (MRED)

APN: 14333170290000

Illinois Cook County Chicago 60614 Old Town

1722 N Mohawk St, Chicago, IL

This home is located at 1722 N Mohawk St, Chicago, IL 60614 since 14 May 2021. This property was built in 1895. 1722 N Mohawk St is a home located in Cook County with nearby schools including Abraham Lincoln Elementary School, Lincoln Park High School, and Immaculate Conception - St. Joseph School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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