Sold for $860,000 on 10/27/17
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
7 |
4 |
1885 |
— |
0 |
$14,107 |
3035 days |
6-7% cap rate for this updated 3 unit in desirable Wicker Park neighborhood. When building is fully rented it grossed $6450/month. All units are in very good shape with updated kitchens and bathrooms, laundry in unit and separate hot water tanks and individual boilers for heat. Tenants pay all utilities except for water. Rear deck off of each unit provides outdoor space and 2 car parking pad in rear allows parking amenities for 2 of the units. Units in building lease easily due to in unit laundry, updated kitchens and bathrooms and easy access to blue line, 90/94 and shopping on Milwaukee and Western. Unit 1 is a unique duplex down with an open floorplan on the 1st floor and a bedroom and bathroom in the basement, could be a great work/live for an owner occupier, previously rented for $2200/month Unit 2 is a 3 bedroom, 1 bath previously rented for $1900/month, Unit 3 is rented for $2350/month with a lease expiring 3/18, the lease for unit 3 includes one of the 2 parking spots.
Listing courtesy of Coldwell Banker Realty
[Address Unavailable] is a multi-unit home built in 1885, and is located in Chicago, IL, in the Wicker Park neighborhood. It has 7 bedrooms and 4 bathrooms, and has annual property taxes of $14,107.
Marco Amidei
(888) 32-Marco (847) 630-4886
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than MRED Smart-Frame IDX Demo are marked with the MRED Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (the MRED logo) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. Information Deemed Reliable but Not Guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2025 Midwest Real Estate Data LLC. All rights reserved.