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  • $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

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    What's special

    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.

    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#: 11868713MLS Logo

    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
    Sell for more on Zillow
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    $1,134,000
    2% more+$22,680
    With Zillow Showcase(estimated)$1,156,680