Closed

$2,465,000

Favorite

4,600

square ft

1951 N Fremont Street

Chicago, Illinois 60614

Closed / MLS #11233171 / Multiple Family / Lincoln Park

Listing information updated 3/14/2022 at 1:23pm

RARELY AVAILABLE INVESTMENT OPPORTUNITY IN THE HEART OF LINCOLN PARK!! This 7 unit walk up building was fully rehabbed in 2018, over a million plus dollars put into the building. All Stainless steel appliances, granite countertops, hardwood floors, new windows, plumbing, electrical, sub-pump system, 7 new furnaces, 7 new hot water heater, new AC units, all 7 units have in unit washer/dryer and each unit has their own furnace and water heater. This building features (3) 1bed/1bath units with private outdoor spaces, (3) 2bed/1bath and (1) 4bed/2bath units with a shared back patio, plus a 2 car garage. This building has yet to have a vacancy in over 6 years and tenants stay a long time. Tenants pay for their own gas and electric. Walking distance to brown line, DePaul university, Restaurants, shopping, lakefront and the Lincoln Park Zoo. This building is truly an investors dream!

Full Features

Exterior Type:

Brick

Water Front:

Square Feet:

4,600

Built:

1885

Parking Spaces:

Cooling System:

Central Air

Stories:

Building Square Feet:

4,600

Current Net Income:

$147,265

Unit 1:

4 room(s) / 1 bed(s) / 1 bath(s)

Unit 2:

4 room(s) / 1 bed(s) / 1 bath(s)

Unit 3:

4 room(s) / 1 bed(s) / 1 bath(s)

Unit 4:

5 room(s) / 2 bed(s) / 1 bath(s)

Unit 5:

5 room(s) / 2 bed(s) / 1 bath(s)

Unit 7:

8 room(s) / 4 bed(s) / 2 bath(s)

Taxes & Assessments

Tax Amount:

$26,535

Tax Year:

2020

Location

Zip Code:

60614

City:

Chicago

County:

Cook

Listing Office: Coldwell Banker Realty

Listing Office Phone: 312.733.1300

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 3/14/2022 at 1:23pm. 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.

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...

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CTA

Brown line at Armitage

CTA

Purple line at Armitage

CTA

Red line at North/Clybourn

Metra

Union Pacific North line at Clybourn Metra

Metra

Union Pacific Northwest line at Clybourn

$914,882

Average Sale Price

Average Days On The Market

98%

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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1951 N Fremont Street is a multiple family which sold for $2,465,000. This multiple family has been listed on @properties since September 29th, 2021 and was built in 1885. The nearest transit stops include Armitage CTA Brown line and Clybourn Metra Metra Union Pacific North line.