NOT LISTED FOR SALE

2255 W Shakespeare Ave Chicago, IL 60647

Bucktown Neighborhood
8 Beds
4 Baths
-- Sq Ft
-- Built

Sale Details

Date Sold: May 12, 2025

Last sale price $1,170,000

39 Days on Market

About This Home

As of May 2025

Primo Bucktown/Holstein Park, center entrance, 4 unit, corner building with all 4 units looking over the green space of the park. Each of the 4 units feature 2 bedrooms and 1 bathroom and central a/c and heat. Unit 1W features a renovated kitchen with quartz counters and stainless steel appliances and in unit laundry. The other 3 units feature a 90's era kitchen set up and share laundry in the basement. The renovation in 1W cost $15,000 and saw rent raise from $2,100 to $2,500 per month so proof of concept that another $45,000 investment can raise the gross monthly rents to roughly $10,000 a month from $8,625 where they stand today. Our contractor would be happy to do the work on the remaining units at their next vacancy. This is a gem of a building in the heart of my favorite pocket in Bucktown with four nice floorplans all overlooking the park. There is an unfinished basement currently used for laundry and storage where a buyer could explore adding more units or more square footage. Parking for 3 cars behind the building.

Last Agent to Sell the Property

Rob Sikkel

@properties Christie's International Real Estate License #475141792 Listed on: 02/26/2025

@properties Christie's International Real Estate

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,509

Year Renovated

  • 2024

Parking

  • 3 Parking Spaces

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Potential Bedrooms
  • 4 Bathrooms

Utilities

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 24 x 100

Community Details

Overview

  • 4 Units

Building Details

  • Electric Expense $300
  • Insurance Expense $3,000
  • Water Sewer Expense $3,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,509

Year Renovated

2024

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: None
  • Rebuilt (Y/N): Yes
  • Rehab (Y/N): Yes
  • Rehab Year: 2024
  • Rebuilt Year: 1990
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • MRD_WaterViewYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2024

Interior Features

  • Basement: Unfinished, Full
  • Total Bathrooms: 4
  • Total Bedrooms: 8
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Microwave,Disposal,Central Air Conditioner,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors
  • AppliancesAndFeatures: Stove,Refrigerator,Dishwasher,Microwave,Central Air Conditioner,Hardwood Floors

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site
  • ParkingTotal: 3

Utilities

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

Fee Information

  • Water Sewer Expenses: 3000
  • Trash Expense Year: 0

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 24 X 100
  • Lot Size: Standard Chicago Lot
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • TenantPays: All

Multi Family

  • Insurance Expense: 3000
  • ElectricExpense: 300
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 17509.35
  • Tax Year: 2023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2025
Closed on
May 12, 2025
Sold by
Bought by
Seller's Agent
Rob Sikkel
@properties Christie's International Real Estate
Buyer's Agent
Non Member
NON MEMBER
List Price
$1,349,500
Sold Price
$1,170,000
Premium/Discount to List
-$179,500
-13.3%
Views
39

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$877,500
Interest Rate
0.0664%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 4, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$937,500
Interest Rate
0.0375%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 12, 2015
Sold by
Bought by

Purchase Details

Closed on
Jun 15, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$583,800
Interest Rate
0.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 13, 1996
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,170,000 Chicago Title
$1,250,000 Greater Illinois Title
-- Attorney
$925,000 Cti
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $877,500
Previous Owner $615,718
Previous Owner $937,500
Previous Owner $583,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
05/12/2025 05/12/25 Sold $1,170,000 -6.3% --
04/06/2025 04/06/25 Pending -- -- --
03/26/2025 03/26/25 Price Changed $1,249,000 -3.8% --
03/10/2025 03/10/25 Price Changed $1,299,000 -3.7% --
02/26/2025 02/26/25 For Sale $1,349,500 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $17,509 $97,281 $20,880 $76,401
2024 $17,509 $97,281 $20,880 $76,401
2023 $17,066 $82,692 $16,800 $65,892
2022 $17,066 $82,692 $16,800 $65,892
2021 $16,683 $82,691 $16,800 $65,891
2020 $15,218 $68,067 $10,920 $57,147
2019 $15,250 $75,630 $10,920 $64,710
2018 $14,939 $75,630 $10,920 $64,710
2017 $14,608 $67,859 $9,600 $58,259
2016 $13,591 $67,859 $9,600 $58,259
2015 $12,435 $67,859 $9,600 $58,259
2014 $9,758 $52,591 $8,400 $44,191
2013 $9,565 $52,591 $8,400 $44,191
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12298826

Midwest Real Estate Data (MRED)
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