Ali Bakir
MorphEasy Realty
(833) 433-0982
131 Total Sales
7 in Lincoln Park
$288K - $1.4M Price Range
533 W Wrightwood Ave Chicago, IL 60614
Lincoln Park Neighborhood
6
Beds
6
Baths
3,300
Sq Ft
1878
Built
Highlights
- 1 Fireplace
- Brick Exterior Construction
- Forced Air Heating and Cooling System
About This Home
As of July 2024533 W. Wrightwood Ave., located in the heart of Lincoln Park, the most sought-after neighborhood in Chicago. Located in an A+ location, this building offers (1) 2 Bedroom 2 Bath Duplex & (4) 1 Bedroom 1 Bath Units. The current owner updated three of the five units extensively with condo-quality finishes and HVAC systems. The remaining two units allow a qualified investor to create a value-add opportunity by updating the units and bringing the rents to market. The pride of ownership is shown in how meticulous and pristine the property condition is. It also boasts a high-tech door and intercom system that tenants and owners can operate via a smartphone or tablet app. The capital improvements include, but are not limited to, newer windows, electric supply, in-unit electric breakers and panels, HVACs, boiler system, and masonry work. An Offering Memorandum with more details is available upon request. **NOTE** Dramatic price drop as the seller is motivated and ready to entertain offers.
Last Agent to Sell the Property
Jameson Commercial License #475142196 Listed on: 04/16/2024
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Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $21,101
Year Built
- Built in 1878
Home Design
- Flat Roof Shape
- Brick Exterior Construction
Interior Spaces
- 3,300 Sq Ft Home
- 3-Story Property
- 1 Fireplace
- Fire and Smoke Detector
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Bathrooms
Lot Details
- Lot Dimensions are 25' x 50'
Utilities
- Forced Air Heating and Cooling System
- Window Unit Cooling System
- Floor Furnace
- Radiator
- Heating System Uses Gas
- 200+ Amp Service
Listing and Financial Details
- Tenant pays for air conditioning, electricity, heat
Community Details
Overview
- 5 Units
Building Details
- Electric Expense $517
- Fuel Expense $2,520
- Insurance Expense $2,487
- Maintenance Expense $1,625
- Other Expense $825
- Water Sewer Expense $3,140
- Operating Expense $34,703
- Gross Income $85,500
- Net Operating Income $49,632
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Lincoln Park, IL
-
Ali Bakir
-
Thomas Sillitti
Thomas Sillitti
Baird & Warner
(877) 719-2753
23 Total Sales
2 in Lincoln Park
$800K - $960K Price Range
-
Pearce Lashmett
Pearce Lashmett
Responds QuicklyJameson Sotheby's Intl Realty
(844) 225-2586
57 Total Sales
3 in Lincoln Park
$170K - $426K Price Range
-
Marjorie Richter
Marjorie Richter
Baird & Warner
(224) 332-3493
51 Total Sales
2 in Lincoln Park
$369K - $750K Price Range
-
Katrina de los Reyes
Katrina de los Reyes
Berkshire Hathaway HomeServices Chicago
(630) 580-0919
283 Total Sales
5 in Lincoln Park
$585K - $5.5M Price Range
-
Dave Johnson
Dave Johnson
City and Field Real Estate
(872) 228-2280
83 Total Sales
1 in Lincoln Park
$570,000 Price
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 |
|---|---|---|---|---|
| 07/02/2024 07/02/24 | Sold | $1,080,000 | 0.0% | $327 / Sq Ft |
| 05/31/2024 05/31/24 | Off Market | $1,080,000 | -- | -- |
| 04/24/2024 04/24/24 | Pending | -- | -- | -- |
| 04/16/2024 04/16/24 | For Sale | $1,100,000 | -- | $333 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Agents Affiliated with this Home
-
Marco Cesario
Seller's Agent in 2024
Marco Cesario
Jameson Commercial
(312) 315-7173
1 in this area
13 Total Sales
-
Ariel Bo Pang
Buyer's Agent in 2024
Ariel Bo Pang
The Apartment Source
(847) 902-3419
1 in this area
27 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12031132
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.
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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