$950,000
$950,000
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6 Beds
3,484 Sqft Lot
SOLD DATE : 09/23/2024
Key Details
Sold Price $950,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12039163
Sold Date 09/23/24
Bedrooms 6
Year Built 1918
Annual Tax Amount $18,711
Tax Year 2023
Lot Size 3,484 Sqft
Lot Dimensions 124X30
Property Sub-Type Two to Four Units
Property Description
Incredible opportunity to assume a 2.75% interest rate! Owner occupants can take over the current owner's VA loan with all its favorable terms. This gorgeous lakeview building boasts almost all new appliances in the last 3 years! Two units rented through 2025 and one becoming available in July 2024. Features include hardwood flooring, vintage trim, large kitchens, a bonus sunroom on the top floor, and a garden unit with fresh paint and a renovated bathroom. The lucrative 3-unit property offers three tandem parking spaces (six spots total that can be rented at $100 each), shared laundry, and a small outdoor space with a community BBQ. Located in bustling Lake View near the Belmont/Ashland/Lincoln intersection, enjoy incredible dining, shopping, entertainment, and fitness options around every corner. This well-managed, turnkey property currently generates $81,600/year in gross income making it an exceptional opportunity for any investor! Garden fridge, stove, & dishwasher: 2024, AC: 2024, Washer: 2024, Dryer: 2023, Furnace: 2023, 2nd floor stove: 2023, 1st floor stove & microwave: 2022, Boiler & pump: 2022, Roof repairs: 2022.
Location
State IL
County Cook
Community Park, Curbs, Sidewalks, Street Lights
Zoning MULTI
Rooms
Basement Full
Interior
Heating Radiator(s)
Fireplace N
Exterior
Exterior Feature Patio
View Y/N true
Roof Type Asphalt
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction false
Schools
Elementary Schools Burley Elementary School
Middle Schools Burley Elementary School
High Schools Lake View High School
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Michael Kang • Coldwell Banker Realty
676 N Michigan Ave. Ste 3010, Chicago, IL, 60611, United States