2324 W Iowa Street

CHICAGO, Illinois 60622
Closed / MLS #9067922 / Multiple Family / Wicker Park
Listing information updated 11/15/2015 at 1:17am
Located in the heart of the Ukrainian Village, is this spectacular turnkey, gut renovated 6-unit investment opportunity in the Landmark District. Excellent cash flow with over 140K in annual gross revenue with low fixed costs. The property sits on an oversized 41 foot wide lot and has 5 exterior parking spaces. The building offers diverse floorplans, featuring (5) 2-bedroom, 2-bath and (1) 3-bedroom, 2-bath duplex down. All units have newer Central Air/Gas Forced Air, in-unit washers & dryers, condo grade kitchens and baths with granite countertops and stainless steel appliances. Other updates during ownership include new steel decks, new tear off roof, rebuilt parapet walls, new electrical service, new sewer & water service, new plumbing, new doors & trim, and spray foam insulation. Individual storage units in the basement. Perfect arm chair investment in an exceptional location.

Full Features

Exterior Type:
Brick
Basement:
Unfinished
Square Feet:
N/A
Acreage:
.11
Built:
1894
Parking Spaces:
5
Cooling System:
Central Air
Stories:
3
Current Use:
Residential-Multi-Family
Potential Use:
Condominium, Residential-Multi-Family
Zoning:
MULTI
Current Net Income:
$12,636
Unit 1:
7 room(s) / 3 bed(s) / 2 bath(s)
Unit 2:
4 room(s) / 2 bed(s) / 2 bath(s)

Taxes & Assessments

Tax Amount:
$10,058
Tax Year:
N/A

Location

Zip Code:
60622
City:
Chicago
County:
Cook

Listing Office: North Clybourn Group, Inc.

Listing Office Phone: 773.252.0600

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 11/15/2015 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.


Not quite what you are looking for?

Similar listings for sale near 2324 W Iowa Street, Chicago, IL 60622


Like the area?

More homes for sale near 2324 W Iowa Street, Chicago, IL 60622


2324 W Iowa Street is a multiple family which sold for $1,830,000. This multiple family has been listed on @properties since October 19th, 2015 and was built in 1894. The nearest transit stops include Damen CTA Blue line and Western Ave Metra Metra Milwaukee District North line.