NOT LISTED FOR SALE

4247 W Addison St Chicago, IL 60641

Irving Park Neighborhood
6 Beds
4 Baths
-- Sq Ft
3,920 Sq Ft Lot Lot

Sale Details

Date Sold: October 20, 2016

Last sale price $475,000

6 Days on Market

Highlights

  • Corner Lot
  • Ceiling Fan
  • Senior Tax Exemptions

About This Home

As of October 2016

Rare Vintage four-unit multifamily property located in hot Irving Park. The building has been well maintained and provides investors with the opportunity for immediate cash flow and material future upside in a prime location. Formal living and dining rooms in each unit. High ceilings, original crown molding and mill work. Large Bedrooms, unfinished HIGH ceiling basement just waiting for expansion. The building sits on a corner lot and is an ideal arm chair investment. Great Building! Nothing but potential! A Must See!

Last Agent to Sell the Property

Giancarlo Bargioni

Keller Williams ONEChicago License #471014348 Listed on: 08/11/2016

Keller Williams ONEChicago

Last Buyer's Agent

Amanda Hewitt

Dream Town Real Estate License #475156128

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,845

Year Built

  • Built in 1915

Lot Details

  • 3,920 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot

Home Design

  • Flat Roof Shape
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Exterior Basement Entry

Schools

  • Scammon Elementary School
  • Schurz High School

Utilities

  • Heating System Uses Natural Gas
  • Lake Michigan Water

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units

Building Details

  • Gross Income $49,500
  • Net Operating Income $32,578

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,845

Year Built

Built in 1915

Lot Details

3,920 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Commuter Train
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Other Equipment: Ceiling Fan(s)
  • Basement Description: Unfinished,Exterior Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Fireplace-Artificial,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Window Air Conditioner,Fireplace-Artificial,Hardwood Floors,Walk-In Closet
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Artificial,Hardwood Floors,Walk-In Closet
  • AppliancesAndFeatures: Stove,Refrigerator,Fireplace-Artificial,Hardwood Floors,Walk-In Closet

Exterior Features

  • Foundation Details: Concrete Perimeter
  • Lot Features: Corner Lot
  • Roof: Flat
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 14447

Schools

  • Elementary School: SCAMMON ELEMENTARY SCHOOL
  • High School: SCHURZ HIGH SCHOOL

Lot Info

  • Lot Size Acres: 0.09
  • Lot Dimensions: 4374 SQ FT
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8
  • Is Parking Included in Price: No
  • TenantPays: Electric,Gas

Multi Family

  • Net Operating Income: 32578
  • GrossIncome: 49500
  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Tax Info

  • Tax Annual Amount: 7844.58
  • Tax Year: 2014
  • Tax Exemptions: Homeowner,Senior
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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
10/20/2016 10/20/16 Sold $475,000 +8.2% --
08/17/2016 08/17/16 Pending -- -- --
08/11/2016 08/11/16 For Sale $439,000 -- --
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

  • Giancarlo Bargioni

    Seller's Agent in 2016

    Giancarlo Bargioni

    Keller Williams ONEChicago

    (773) 484-7744

    8 in this area

    134 Total Sales

    Giancarlo Bargioni
    Section Image

  • A

    Buyer's Agent in 2016

    Amanda Hewitt

    Dream Town Real Estate

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09313093

Midwest Real Estate Data (MRED)
Illinois Cook County Chicago 60641 Irving Park

4247 W Addison St, Chicago, IL

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.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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