Sold for $800,000 on 11/15/19
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
9 |
5 |
1886 |
— |
2 |
$16,734 |
2073 days |
Enormous cash cow building with room to grow. 4 units, back deck & garage roof deck over 2 car garage. Perfect for investor or owner occupant because of the 2-level, 3 bed 2 bath duplex. Rent has much potential to be raised! Updated kitchens and baths. Dishwasher in each unit. Full sized in-unit laundry in duplex. Central heat in all units. Central A/C in 2 rear units. Window A/C in 2 front units. Huge full unfinished basement with 2 washers, 2 dryers, plenty of storage. Foundation rebuilt 5yrs ago. Kitchen plumbing stack replaced this year. Building has a front and a side entrance which provides all 4 units with a front and back door. 2 Garage spaces have been rented out to non tenants at $170/month each, expiration 4/30/2020. Annual Expenses- Insurance $2100 Water $1350 Electric $300. Other expenses- snow removal, cleanup, filter changes, furnace maintenance, fighting taxes, general maintenance $8,500. Total expenses incl. taxes 28,983.87. Gross income 83,460. Net income 54,476.
Listing courtesy of Berkshire Hathaway HomeServices Chicago
1421 W Fletcher St. is a multi-unit home built in 1886, and is located in Chicago, IL, in the Lake View neighborhood. It has 9 bedrooms and 5 bathrooms, a 2-car garage, and has annual property taxes of $16,734. This home goes to Burley Elementary School, Burley Elementary School, and Lake View High School.
Marco Amidei
(888) 32-Marco (847) 630-4886
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