Sold for $780,000 on 4/30/21
Beds |
Baths |
Built |
Sq.Ft. |
Garage |
Taxes |
On Market |
6 |
2 |
1917 |
— |
2 |
$11,472 |
1518 days |
Outstanding Lincoln Square 2-Flat on Extra Wide and Very Long 30 x 165 lot. Duplex Down could be perfect for owner occupant or continue as rental. Both Units are 3 bed 1 Bath. Queen bed sized bedrooms. Separately metered Utilites, separate HVAC, Washer Dryer in each unit, 3 large storage closets. Full gut rehab in 2012 with new electrical, plumbing, mechanicals, etc. Great Layouts with storage, granite and stainless kitchens, large living spaces and massive back yard with a large deck for Unit 1. 2 Car Garage. Easy walk to Brown Line and Busses. Great location close to Lincoln Square retail and restaurants. Unit 2 rented currently at $1,825 with escalation through 5/31/2022. 60 day kick out clause. Unit 1 leased at $2,275 through 3/31/2021 with 30 day extension through 4/30/2021. Proforma Gross Rent of $51,600 per year for a GRM of 14. Pro Forma Gross Rent less taxes = Cap Rate of 5.5%
Listing courtesy of Baird & Warner
2563 W Argyle St. is a multi-unit home built in 1917, and is located in Chicago, IL, in the Lincoln Square neighborhood. It has 6 bedrooms and 2 bathrooms, a 2-car garage, and has annual property taxes of $11,472. This home goes to Budlong Elementary School and Amundsen High School.
Marco Amidei
(888) 32-Marco (847) 630-4886
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