Huge 4 unit building in East Humbolt Park / West Wicker Park. Previous owners have kept the building well maintained. Estate Sale. Three 3Bd/ 2Bth units w/ hardwood floors, high ceilings, living/dining combo, fireplace, spacious rooms & a private deck. 3 gated parking spaces. Units filled with lots of light. All units have white / neutral original kitchens and baths in good condition. Custom closets throughout. *Gross yearly income when rented was $86400. $1900 for 3 units & $1500 for garden. * The unit mix consists of three 3 Bedroom 2 Bathroom units that measure approximately 1,300 square feet and one 3 bedroom 1 bath garden unit that measures approximately 1,000 square foot respectively. Three units also feature their own built-in gas-operated fireplaces. Previous tenants paid gas, electric, and heat. The property offers investors a unique opportunity to purchase a quality Multifamily asset in a prime location, w/ the ability to increase cash flow by raising rents. 3 units are vacant and lease expiring soon for the garden unit. 25x125 lot. Building according to the tax records is 4984 square feet. Coin laundry in the basement. Only a few minutes drive to the I-94 Kennedy Expressway, 0.6 miles west of the CTA's Damen Blue Line train station, and just 200 feet south of the CTA's North Avenue & Campbell bus 72 stop. The 606 trail is steps away, as is the gem of Humboldt Park and the Garfield Park conservatory. The WoW (West of Western) commercial district is home to a growing collection of small design & fashion businesses including An Orange Moon, Richard's Fabulous Finds, Rock Solid Health, Bottle and Branch, or Illumination Art & Design.
Closed
$900,000
1440 N Washtenaw Ave, Chicago, IL 60622
12beds
--sqft
Multi Family
Built in 1995
-- sqft lot
$1,134,000 Zestimate®
$--/sqft
$2,862 Estimated rent
Owner options
What's special
Zillow last checked: 9 hours ago
Listing updated: January 02, 2024 at 08:02am
Listing courtesy of:
Frank Polancic 312-475-1717,
RE/MAX Premier
Bought with:
Horacio Tristan
Kale Realty
Source: MRED as distributed by MLS GRID,MLS#: 11868713
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 7
- Full bathrooms: 7
Heating
- Natural Gas
Features
- Basement: Finished,Daylight
Property
Parking
- Total spaces: 3
- Parking features: Parking Lot, On Site, Owned
Features
- Patio & porch: Porch
- Fencing: Fenced
Lot
- Size: 3,049 sqft
Details
- Parcel number: 16012090270000
- Zoning: MULTI
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Block
- Foundation: Concrete Perimeter
- Roof: Flat
Condition
- New construction: No
- Year built: 1995
Utilities & green energy
- Sewer: Public Sewer
- Water: Lake Michigan
Community & neighborhood
Community
- Community features: Park, Sidewalks, Street Lights
Location
- Region: Chicago
Other
Other facts
- Listing terms: Conventional
- Ownership: Fee Simple
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$1,134,000
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