Exclusive Listing

Closed

$1,480,000

Favorite

beds

baths

1719 N Maplewood Avenue

Chicago, Illinois 60647

Closed / MLS #10678341 / Multiple Unit (2-4) / West Town

Listing information updated 10/28/2020 at 1:23pm

Now is the time to invest in one of the hottest neighborhoods in Chicago where West Bucktown meets Logan Square less than one block to "The 606" (Bloomingdale Trail). This 2016 Gut Renovation of a Classic Greystone LEGAL FOUR FLAT Building is a rock-solid investment from top to bottom with a new infrastructure: new roof, new windows, tuck pointing, new decks, new plumbing, new electric, etc. Each unit features two full bedrooms, two full baths and has been transformed to Luxury Condo QUALITY with today's designer trends. Unit Features: Hardwood Floors, Carrara marble counters, heated bathroom floors, custom mill work, private decks, in unit laundry, great storage, and more! BONUS: Three parking spaces! Equidistant to Restaurant Row on Armitage & Milwaukee Ave. Close to Bucktown/Wicker Park 4 blocks away from CTA Blue Line. This investment generates nearly $130,000 a year in Gross Rent with a Net Operating Income of $102,000! CAP RATE close to 7.0% is fair market value for this hot neighborhood. This is a fully occupied "turn key" building with leases through 2021/2022. Rents just increased by $4,800 on an annual basis! What a great opportunity!

Full Features

Architecture Style:

Greystone

Exterior Type:

Brick,Limestone

Basement:

Finished

Beds Above Grade:

Heating System:

Gas, Forced Air

Pool:

Age:

Unknown

Roof Type:

Asphalt/Glass (Rolled),Flat Roof

Parking Type:

Space/s

Parking Spaces:

Room Count:

Water Front:

Square Feet:

N/A

Lot Size:

Less Than .25 Acre

Taxes & Assessments

Tax Amount:

$22,771

Tax Year:

2019

Location

Zip Code:

60647

City:

Chicago

County:

Cook

Schools

School District(s):

299

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

West Town, IL

Comprised of several distinct Chicago neighborhoods northwest of the Loop, West Town is a thriving community that has experienced extensive development over the past decade. The community includes the neighborhoods of Wicker Park, Ukrainian Village, East Village, River West, Noble Square, East Humbo...

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CTA

Blue line at Western

$679,587

Average Sale Price

Average Days On The Market

99%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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1719 N Maplewood Avenue is a multiple unit (2-4) which sold for $1,480,000. 1719 N Maplewood Avenue features 8 Beds, 8 Baths. This multiple unit (2-4) has been listed on @properties since March 27th, 2020 and was built in U. The nearest transit stops include Western CTA Blue line.