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Key Details
Sold Price $800,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10676698
Sold Date 10/19/20
Bedrooms 6
Year Built 1922
Annual Tax Amount $12,256
Tax Year 2019
Lot Dimensions 4030 SQ FT
Property Sub-Type Two to Four Units
Property Description
Beautifully and thoughtfully renovated 3 flat in Lincoln Square! Walk to grocery store, numerous parks and Lincoln Square pedestrian area. Each large 2/1 unit has a living room, dining room, sun room with french doors, a laundry room with washer/dryer and plenty of closets, making each a renter's dream! Beautiful hardwood floors, freshly painted walls and trim and plenty of large windows make these units feel more like a condo than an apartment. Bedrooms have walk-in closets and room for a queen bed. Kitchens have finishes like a SFH: 42" cabinets, quartz counter tops, Samsung stainless appliances, farm sink, and chef's prep table. Each unit also has a back storage area with shelving, perfect for those large-pack Costco purchases. Partially finished basement with large living area and bedroom is freshly painted and has new carpet. A full bathroom with shower and a kitchenette area exists but is not used by owner.* Two car garage plus 2 car parking area is a selling point for renters and can bring in even more income! Newer, well maintained boiler, newer windows and roof, recent tuck pointing, updated electrical and plumbing, and new sidewalks. Completely fenced for privacy. Rents have not been raised in two years. CAP rate: 6%. Annual rental income: $72,000. Able to show owner occupied unit and basement. *Building is a legal 3 flat.
Location
State IL
County Cook
Area Chi - Lincoln Square
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas, Radiant
Equipment CO Detectors, Ceiling Fan(s)
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
Roof Type Flat
Building
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Sandra Palm • Palm Properties, Inc