Closed /
MLS #11088159 /
Multiple Family /
Lincoln Park
Listing information updated 7/29/2021 at 5:23am
GORGEOUS GREYSTONE 6 UNIT IN OLD TOWN / EAST LINCOLN PARK ON ONE OF THE PRETTIEST RESIDENTIAL STREETS. $13,935 / MONTHLY RENT - $167,220 IN ANNUAL GROSS RENTS. NOI OF $115,934, CAP RATE OF 5.8% AND GRM OF 11.9! THERE ARE NOT TOO MANY BUILDINGS LIKE THIS IN LINCOLN PARK. GORGEOUS VINTAGE DETAILS THROUGHOUT INCLUDING LEADED GLASS WINDOWS, ORIGINAL FIREPLACES, BUILT-IN HUTCHES, BEAMED CEILINGS AND OVERSIZED MOLDINGS. VINTAGE DETAILS ARE MIXED WITH MODERN UPDATES. ALL 6 UNITS ARE TWO BED / 1 BATH AND RENT SUPER FAST. 3 UNITS IN FRONT AND 3 UNITS IN BACK AND FULL UNFINISHED BASEMENT. 3 REAR UNITS ALL HAVE WASHER/DRYER IN THE UNITS, PRIVATE DECKS AND THE MITSUBISHI SPLIT DUCTLESS AC. COMMON ROOFDECK WITH AMAZING CITY VIEWS FOR ALL 6 UNITS TO ENJOY. LAUNDRY ROOM FOR FRONT UNITS AND STORAGE IN BASEMENT. 2 EXTERIOR PARKING SPOTS. UNIT 1F IS A REGISTERED AIR B&B APPROVED RENTAL. R5 ZONING. THIS BUILDING HAS BEEN WELL MAINTAINED WITH MAJOR IMPROVEMENTS OVER THE LAST 10 YEARS -- A LIST OF IMPROVEMENTS AND RENT ROLL UNDER ADDITIONAL DOCUMENTS. ONE OF THE BEST CHICAGO NEIGHBORHOODS - WALKING DISTANCE TO THE LAKE, PUBLIC TRANSPORTATION (BROWN & RED LINE) AMAZING RESTAURANTS, SHOPPING, STEPPENWOLF THEATER, SECOND CITY, ETC. BUILDING IN GREAT SHAPE BUT SOLD AS-IS.
Full Features
Exterior Type:
Brick
Basement:
Unfinished
Water Front:
No
Square Feet:
N/A
Acreage:
0.06
Built:
1895
Parking Spaces:
2
Cooling System:
Wall Sleeve,Window Unit(s)
Stories:
3
Current Use:
Multi-Family
Zoning:
MULTI
Current Net Income:
$115,934
Unit 1:
4 room(s) / 2 bed(s) / 1 bath(s)
Taxes & Assessments
Tax Amount:
$26,535
Tax Year:
2019
Location
Zip Code:
60614
City:
Chicago
County:
Cook
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.
Lincoln Park, IL
Lincoln Park residents have it all – from the arts to its famed zoo – right in their backyard. It’s no wonder the North Side neighborhood is one of the most sought after in the U.S.The neighborhood includes quiet tree-lined residential blocks, top-rated schools, DePaul University, and two majo...
1722 N Mohawk Street is a multiple family which sold for $1,975,000. This multiple family has been listed on @properties since May 14th, 2021 and was built in 1895. The nearest transit stops include Sedgewick CTA Brown line.
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