Sold for $1,100,000 on 7/22/19
| Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
| 8 |
— |
1925 |
— |
2 |
$19,812 |
1862 days |
1/2 block from DePaul. Going rate for DePaul rentals are $900s for a bedroom and $750 for a small bedroom. Easily could gross $103,200 with low expenses (5,850 a year). Taxes also successfully argued and lowered. Do a little work and could easily get more $$$$. This is a Legal 3-Flat with a duplex down and 2 simplex units. The building is taller than the buildings to the south therefore all south facing windows from unit 3 have downtown views. Seller has not increased rents in cases since 2004. Highlights: 1) 1 duplex-down with 4 bedrooms and 2 baths; 2) 2 simplexes with 2 or 3 bedrooms and 1 bath; 3) rents have not been increased in years; 4) current leases are month to month; 5) Each unit has separate HVAC thus tenants pay utilities; 6) Each unit has its own laundry; 7) 2 car garage; 8) top floor has city views; 9) Zoning is Rt 4; 10) All brick building; 11) Very close to DePaul. If the market turns multi-unit will always have a renter base as it is 1/2 a block from DePaul University
Listing courtesy of 312 Estates LLC
2237 N Clifton Ave. is a multi-unit home built in 1925, and is located in Chicago, IL, in the Sheffield & DePaul neighborhood. It has 8 bedrooms and — bathrooms, a 2-car garage, and has annual property taxes of $19,812. This home goes to Oscar Mayer Elementary School, Oscar Mayer Elementary School, and Lincoln Park High School.
Marco Amidei
(888) 32-Marco (847) 630-4886
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