1422 W Edgewater Avenue

Chicago, Illinois 60660
Closed / MLS #11693417 / Multiple Unit (2-4) / Edgewater
Listing information updated 2/23/2023 at 3:03pm
ANDERSONVILLE- 3-UNIT BUILDING SITTING ON A QUIET TREE-LINED STREET JUST 1 BLOCK OFF CLARK STREET by Gethsemane Garden Center in one of the hottest neighborhoods on Chicago's north side. It doesn't get better than this in this easy-to-rent location just 4.5 blocks to the Red Line Bryn Mawr "L" Stop and 5 blocks to the soon to be new Edgewater Metra Stop as well a plethora of cafes, restaurants and shopping right outside your door! All 3 apartments have private back decks, their own HVAC systems and pay their own gas and electricity. Rents are below market value and could be higher, especially so with further cosmetic updates. Perfect for the owner-occupied buyer or investor alike. The 3rd floor could easily be combined with the 2nd floor for a wonderful 3 BR, 2BTH owner's duplex up if so desired. Unfinished basement could also be combined with the first floor for another duplexed apartment although current layout of building is perfect as is. Great value with lots of room for added value in the form of increased rents. Whole building would make a nice single-family conversion as well. 2-car parking in back of property. All this in an A+ location close to the lakefront and in the highly desirable Peirce School District. This building has very low property taxes and low expenses for the owner due to its maintenance free-exterior. It also has a pitched asphalt shingled roof which lasts longer and is more cost effective than a flat roof and front and back staircases are enclosed for reduced snow removal costs in the winter months. This building is being sold as a 2-unit building with a very nice non-conforming 3rd floor apartment on the 3rd floor which has it's own front and back entrance and would likely be easy to get approved by the city as a 3rd additional dwelling unit if so desired.

Full Features

Architecture Style:
Traditional
Exterior Type:
Vinyl Siding
Basement:
Unfinished
Beds Above Grade:
5
Heating System:
Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Control
Pool:
No
Age:
100+ Years
Parking Type:
Space/s - Off Alley
Parking Spaces:
2
Room Count:
17
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre

Taxes & Assessments

Tax Amount:
$6,030
Tax Year:
2020

Location

Zip Code:
60660
City:
Chicago
County:
Cook

Schools

School District(s):
299
Elementary School:
Peirce Elementary School Intl St
Middle School:
N/A
High School:
Senn High School

Listing Office: Baird & Warner

Listing Office Phone: 773.697.5555

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 2/23/2023 at 3:03pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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1422 W Edgewater Avenue is a multiple unit (2-4) which sold for $575,000. 1422 W Edgewater Avenue features 5 Beds, 3 Baths. This multiple unit (2-4) has been listed on @properties since January 1st, 2023 and was built in 1908. Nearby schools include Peirce Elementary School Intl St and Senn High School. The nearest transit stops include Bryn Mawr CTA Red line.