$1,375,000
$1,498,000
8.2%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 11/09/2021
Key Details
Sold Price $1,375,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11115801
Sold Date 11/09/21
Year Built 1920
Annual Tax Amount $15,908
Tax Year 2020
Lot Dimensions 50X137
Property Sub-Type Multi Family 5+
Property Description
Rare and Fantastic conversion opportunity or investor opportunity for LAKEFRONT Mulitfamily! Opportunity! Center Entrance 6 unit just steps to Lake Michigan! All units are 3 bedroom/1 bath, with large front balconies facing the water with huge rear decks too! Mechanicals in great condition-Boiler 1970 in excellent condition, Roof 1991 complete tear-off- reflective coating 2004, Newer CB electrical done in 2008,Copper plumbing, Full tuckpointing 2002 including, chimney rebuild, front concrete steps, metal railings, and roof coping tiles. New vinyl windows in all the apartments, except for front balcony windows since they have older charm. The building has been owner occupied and maintained at all times as needed. Newer back porch 2008 with large rear decks. Way under-rented with Long time tenants with leases. Owners in Unit 3E will want to remain for a while post closing. Tall basement suitable for duplexing or garden units. Enclosed rear yard with paver driveway. Easy to add garages or parking spaces. Survey under additional info. Only 1 unit and basement shown at 1st showing. Lake is literally steps away, Redline 2 blocks, Starbucks at the corner, and Ideal for Loyola Professors or students. Sold "As is"
Location
State IL
County Cook
Area Chi - Rogers Park
Zoning MULTI
Interior
Fireplace N
Building
Level or Stories 3
Structure Type Brick
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Bought with Diane Mikutis • Chicagoland Property Network
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "