$1,250,000
$1,250,000
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SOLD DATE : 05/09/2023
Key Details
Sold Price $1,250,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11754190
Sold Date 05/09/23
Year Built 1915
Annual Tax Amount $19,507
Tax Year 2021
Lot Dimensions 50 X 135
Property Sub-Type Multi Family 5+
Property Description
Strong arm-chair investment. Rare opportunity to acquire this trophy property fully leased (most leases end 2023). Come seize the opportunity to obtain this all brick, center-entry 6 flat beauty that speaks of yesteryear era! Impeccably maintained and the cleanest building you'll find. Same family ownership for nearly 50 years which shows in the pride of how well the building is kept. Investor's dream with strong financials. These apartments are super-appealing, easy-to-rent apartments that appeal to a vast population of renters. All units have newly renovated kitchens with fresh white shaker cabinets and granite countertops. Further updates/improvements could significantly increase rents or keep as it is now as the perfect arm-chair investment! All six units are 2-bedroom/one-bath. Clean, bright apartments with original hardwood floors, generous room sizes and storage galore! There are 2 different floorplans. Both are seven-room layouts with enchanting light-filled treetop sunrooms, defined living spaces with separate living rooms highlighted by decorative fireplaces flanked by built-in bookcases. Full formal dining rooms and enclosed 3 season backporches that function as additional living space or even more storage! Also, each apartment includes an enormous private storage room in the basement. High, clean, dry basement with owned coin-operated laundry. Picturesque garden with grilling and seating areas. Corner, all brick six-car garage! Property is on an over-sized corner lot on a beautiful tree-lined street in the residential Edgewater neighborhood! Near all the shops and restaurants of super-hip Andersonville within walking distance to the new Metra station coming at Peterson/Ridge!
Location
State IL
County Cook
Area Chi - Edgewater
Zoning MULTI
Interior
Fireplace N
Building
Level or Stories 3
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Bought with Roman Patzner • Fulton Grace Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "