NOT LISTED FOR SALE
4 Beds
2 Baths
1,648 Sq Ft
1880 Built

Last Sold February 26, 2021

Last sale price $640,000 $388 Per Sq Ft

60 Days on Market

Highlights

  • Landscaped Professionally
  • 5-minute walk to Chicago Avenue Station (Blue Line)
  • Fenced Yard
  • Deck
  • Loft
  • 4-minute walk to Eckhart Park

About This Home

As of February 2021

Don't miss this remodeled and impeccably kept two-flat with owner's unit, coveted outdoor space and oversized 2-car garage! Right from the start, this property offers tons of curb appeal with its pristine facade and inviting front courtyard! Upon entering the top (owner-occupied) unit, the unique vaulted ceilings and skylight greet you with an abundance of natural light as well as the clean line, contemporary design highlighted by newly-painted walls, Bamboo flooring and thoughtful updates throughout. The large living room features two seating areas and leads into the updated kitchen offering more natural light, glass-front refinished cabinets, newer countertops, artistic backsplash, stainless steel appliances, an open foot print with room for a large table that can act as additional prep/counter space as well as in-kitchen dining, plus direct access to the serene outdoor space. All four bedrooms in this property (two bedrooms per unit) have space for a bed, nightstands and/or dressers. For a cohesive feel, both units feature bamboo floors throughout and the convenience of in-unit washer/dryers! Plus, both units have access to the urban retreat in the one-of-a-kind outdoor space offering a zen garden feel, built-in lounge/seating areas, custom-fit canopy shaded area and tons of flexible space. In addition, storage is abundant including the bonus 18'X19' loft space in the top floor unit as well as the oversized 2+ car garage! Enjoy the ease of the latest home technology such as a Nest thermostat, wifi garage door opener, tankless water heater, and more. To round out this amazing opportunity, updates have been made throughout including newer windows, recently painted Hardie board and brick exterior, newer siding as well as 1st floor mechanicals, top unit paint throughout, updated silver coat on roof, newer exterior doors, as well as updated top floor washer/dryer & bottom floor kitchen appliances. You will LOVE this location nestled on a quiet, community-feeling street in the heart of West Town. Between Chicago and Grand Avenues with easy access to Eckhart Park, this home is also close to many popular restaurants including Fulton Market's restaurant row, Beatnik, the Brewery district and more. For transportation, you can't beat this home's proximity to the Blue Line, 90/94, bus stops. Get anywhere in a flash including downtown, nearby tech companies, grocery shopping, entertainment, East Bank Club and highly-acclaimed Ogden School district. This is a great investment or owner-occupant rental property. This property sits on a 24'x100' lot and is zoned RT-4, making it the perfect candidate for any number of opportunities: single family home + rooftop conversion, expand the multi-unit, or keep as is with two units, both with 2 beds and1 bath. Owner and below market/long term tenant occupied. Gross monthly current market rent (inclusive of garage) is $4,400 with a GRM of 147.5 and a cap rate of 6.5%."

Last Agent to Sell the Property

Julie Busby

Compass License #475153702 Listed on: 11/12/2020

Compass

Co-Listed By

Tamara Walsh

Coldwell Banker Realty License #475189272

Last Buyer's Agent

Diane Glass

Berkshire Hathaway HomeServices Chicago License #471017910

Berkshire Hathaway HomeServices Chicago

Property Details

Home Type

  • Multi-Family

Year Built | Renovated

  • 1880 | 2007

Lot Details

  • Fenced Yard
  • Landscaped Professionally

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Concrete Siding

Interior Spaces

  • Soaking Tub
  • Loft

Outdoor Features

  • Deck
  • Patio
  • Porch

Location

  • Property is near a bus stop

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Net Operating Income $42,237

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Year Built | Renovated

1880 | 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus, Commuter Train, Interstate Access
  • Recent Rehab: Yes
  • Age: 100+ Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Rehab Year: 2007
  • Total Full or Half Bathrooms: 2
  • Zoning Type: MULTI
  • Estimated Year Built: 1880
  • Tax Exemptions: Homeowner
  • Type Multi: 2 Flat
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1880
  • Year Renovated: 2007

Interior Features

  • Number Of Rooms: 10
  • Bedrooms All Levels: 4
  • Bathroom Amenities: Soaking Tub
  • Above Grade Bedrooms: 4
  • Additional Rooms: Loft

Exterior Features

  • Lot Size: Standard Chicago Lot
  • Exterior Building Type: Brick, Concrete
  • Exterior Property Features: Deck, Patio, Porch

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Junior High Dist: 299

Lot Info

  • Lot Dimensions: 24X100
  • Lot Description: Fenced Yard, Landscaped Professionally
  • Parcel Identification Number: 17081060360000

Rental Info

  • Gross Rental Income: 52800
  • Total Rental Income: 52,800

Multi Family

  • Total Number Unitsin Building: 2
  • Full Baths In Building: 2
  • Net Operating Income: 42237

Tax Info

  • Taxes: 8517.00

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
02/26/2021 02/26/21 Sold $640,000 -1.4% $388 / Sq Ft
01/11/2021 01/11/21 Pending -- -- --
11/12/2020 11/12/20 For Sale $649,000 -- $394 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10931765

Midwest Real Estate Data (MRED)

APN: 17081060360000