1316 N Western Avenue

Chicago, Illinois 60622
Closed / MLS #8950242 / Multiple Family / Wicker Park
Listing information updated 10/27/2015 at 1:17am
Massive 6-unit all brick building with huge cash flow potential! 5 2bed/1bath units & 1 com-store front. All hardwood floors & 100% occupied. Currently rented far below market value due to long-term tenants. Features separate water heaters, electric & gas meters. Central A/C in 5 of 6 units. Currently brings in $76k/annually; should be $108k/annually with some updates. Coin washer/dryer. Common sun deck on roof!

Full Features

Exterior Type:
Brick
Basement:
Unfinished
Square Feet:
6,015
Acreage:
.06
Built:
1895
Cooling System:
Central Air,Central Individual
Stories:
3
Current Use:
Residential-Multi-Family
Potential Use:
Commercial, Residential-Multi-Family, Residential-Single Family, Retail
Zoning:
COMMR
Building Square Feet:
6,015
Current Net Income:
$59,300
Unit 1:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 2:
1 room(s) / 0 bed(s) / 0 bath(s)
Unit 3:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 4:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 5:
5 room(s) / 2 bed(s) / 1 bath(s)
Unit 6:
5 room(s) / 2 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:
$6,800
Tax Year:
N/A

Location

Zip Code:
60622
City:
Chicago
County:
Cook

Listing Office: City Point Realty LLC

Listing Office Phone: 312.255.1500

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 10/27/2015 at 1:17am. 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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1316 N Western Avenue is a multiple family which sold for $815,000. This multiple family has been listed on @properties since June 11th, 2015 and was built in 1895. The nearest transit stops include Damen CTA Blue line.