2250 W Berteau Ave Chicago, IL 60618
North Center NeighborhoodEstimated payment $24,003/month
Highlights
- Corner Lot
- Coonley Elementary School Rated A-
- Forced Air Heating and Cooling System
About This Home
Rare opportunity to acquire this 16-unit walk-up brick building in the highly stable neighborhood of North Center. Unit mix comprised of (15) 2 bedrooms and (1) one bedroom units. This property has been extremely well maintained by current ownership and has recently rehabbed most units with Quartz/Granite countertops and stainless steel appliances. Updates also include new roof and porches. All units have forced air. New coin operated laundry in basement for extra income. Transportation includes buses and Trains. Short distance to Welles and Horner Park, Mariano's, Jewel-Osco and many bars and restaurants on Lincoln Ave. No work needed, just sit back, and collect the rent.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $27,002
Year Built
- Built in 1919
Lot Details
- Lot Dimensions are 60 x 125
- Corner Lot
Home Design
- Flat Roof Shape
- Brick Exterior Construction
- Reflective Roof
- Rubber Roof
- Concrete Block And Stucco Construction
- Concrete Perimeter Foundation
Interior Spaces
- 3-Story Property
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Gas
Community Details
Overview
- 16 Units
Building Details
- Electric Expense $1,068
- Fuel Expense $948
- Insurance Expense $8,351
- Trash Expense $3,300
- Water Sewer Expense $4,410
- Operating Expense $45,221
- Gross Income $314,940
- Net Operating Income $272,719
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
07/23/2025 07/23/25 | Pending | -- | -- | -- |
03/09/2025 03/09/25 | For Sale | $4,000,000 | -- | -- |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12307777

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