2255 W Shakespeare Ave., Chicago, IL 60647

2255 W Shakespeare Ave., Chicago, IL 60647
Photo 1 of 18
$1,170,000
Sold on 5/12/25
Beds Baths Sq. Ft. Taxes Built
8 0.00 0 $17,509.35
On the market: 74 days
View full details, 15 photos, school info, and price history
Primo Bucktown/Holstein Park, center entrance, 4 unit, corner building with all 4 units looking over the green space of the park. Each of the 4 units feature 2 bedrooms and 1 bathroom and central a/c and heat. Unit 1W features a renovated kitchen with quartz counters and stainless steel appliances and in unit laundry. The other 3 units feature a 90's era kitchen set up and share laundry in the basement. The renovation in 1W cost $15,000 and saw rent raise from $2,100 to $2,500 per month so proof of concept that another $45,000 investment can raise the gross monthly rents to roughly $10,000 a month from $8,625 where they stand today. Our contractor would be happy to do the work on the remaining units at their next vacancy. This is a gem of a building in the heart of my favorite pocket in Bucktown with four nice floorplans all overlooking the park. There is an unfinished basement currently used for laundry and storage where a buyer could explore adding more units or more square footage. Parking for 3 cars behind the building.
Listing courtesy of Robert Sikkel, @properties Christie's International Real Estate