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$815,000
7
beds
4
baths

1417 W Olive Avenue
Chicago, Illinois 60660

Closed / MLS #11966794 / Multiple Unit (2-4) / Edgewater
Listing information updated 5/13/2024 at 8:03pm
3-unit all-brick building on a large lot in the Andersonville neighborhood. It's fully leased, featuring a 3 bed/2 bath duplex (Unit 1) and two 2 bed/1 bath units (Units 2 and 3). Highlights include hardwood floors, spacious interiors, high ceilings, and separate HVACs. Also includes a 2-car garage for extra income and the option to transform the basement into another unit under the ADU program. There's also a new coin laundry in the basement. Recent upgrades include Unit 2's kitchen (2016) and Unit 3's kitchen and bath (2019). Rents are below market and have room for growth. Unit 1 is perfectly positioned for rehab potential and has many possibilities in addition to the ADU potential. This is a good opportunity for first-time investors or owner-occupant buyer.
Exterior Type:
Brick
Basement:
Unfinished
Beds Above Grade:
7
Heating System:
Natural Gas, Forced Air
Pool:
No
Age:
100+ Years
Parking Type:
Garage
Parking Spaces:
2
Room Count:
21
Water Front:
No
Square Feet:
N/A
Lot Size:
Less Than .25 Acre
Tax Amount:
$14,192
Tax Year:
2022
Zip Code:
60660
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Essex 312, LLC

Listing Office Phone: 773.305.4858

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 5/13/2024 at 8:03pm. 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. Some listings have been excluded from this website.

Edgewater

Edgewater, IL

Lakeside living never goes out of style in Edgewater. The neighborhood draws residents with its spectacular lake views, large beaches, thriving theater scene and restaurants with cuisines from around the world. Edgewater also boasts its fair share of antique shops, cafes and parks. Encompassing a nu...

CTA

CTA
Red line at Bryn Mawr
$414,074
Average Sale Price
47
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.
Map of 1417 W Olive Avenue, Chicago, IL 60660
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1417 W Olive Avenue, Chicago, IL 60660 is a multiple unit (2-4) which sold for $815,000. 1417 W Olive Avenue features 7 Beds, 4 Baths. This multiple unit (2-4) has been listed on @properties Christie's International Real Estate since January 25th, 2024 and was built in 1912. The nearest transit stops include Bryn Mawr CTA Red line.

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