1. Home
  2. > Search
  3. > Homes for Sale in Palmer Square
  4. > 1856 N Western Avenue, Chicago, IL 60647
$741,000
Favorite
4,986
square ft

1856 N Western Avenue

CHICAGO, Illinois 60647
Closed / MLS #9224240 / Multiple Family / Palmer Square
Listing information updated 2/5/2017 at 2:38am
GREAT TURNKEY INVESTMENT PROPERTY LOCATED IN THE BUCK-TOWN AREA. WALKING DISTANCE TO THE BLUE LINE AND A BLOCK AWAY FROM 606 TRAIL. THE BUILDING HAS LONG TERM TENANTS, OWNER HAS BEEN CHARGING LOW RENTS. FEATURING 5 RESIDENTIAL UNIT AND A STORE FRONT. THE BUILDING NEEDS SOME TLC. THE PROPERTY IS IDEAL FOR A SAVY AFFORDABLE HOUSING INVESTOR, BUT ALSO HAS EXCELLENT POTENTIAL FOR RE-DEVELOPMENT INTO MARKET RATE APARTMENTS. HOLD ON TO THIS PROPERTY AND CASH FLOW ALL THE WAY TO THE BANK.

Full Features

Exterior Type:
Brick
Square Feet:
4,986
Acreage:
.04
Built:
1887
Cooling System:
None
Stories:
3
Roof:
Membrane,Other
Current Use:
Residential-Multi-Family, Other
Potential Use:
Residential-Multi-Family, Retail, Other
Zoning:
MULTI
Building Square Feet:
4,986
Current Net Income:
$25,586
Unit 1:
5 room(s) / 2 bed(s) / 1 bath(s)
Unit 2:
4 room(s) / 2 bed(s) / 1 bath(s)
Unit 3:
3 room(s) / 2 bed(s) / 1 bath(s)
Unit 4:
2 room(s) / 2 bed(s) / 0 bath(s)
Unit 5:
4 room(s) / 1 bed(s) / 1 bath(s)
Unit 6:
1 room(s) / 0 bed(s) / 1 bath(s)

Taxes & Assessments

Tax Amount:
$6,864
Tax Year:
N/A

Location

Zip Code:
60647
City:
Chicago
County:
Cook

Listing Office: Century 21 Lullo

Listing Office Phone: 630.543.5640

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 2/5/2017 at 2:38am. 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.

Palmer Square, IL

Located within the neighborhood of Logan Square, Palmer Square is a “pocket neighborhood” located on the northwest side of Chicago.The area is named for the Palmer Square Park, a seven-acre park on the west side of the community. The park features play areas for children, walking and jogging tra...

CTA

CTA
Blue line at Western
$690,330
Average Sale Price
55
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 1856 N Western Avenue, Chicago, IL 60647

Not quite what you are looking for?

Similar listings for sale near 1856 N Western Avenue, Chicago, IL 60647

Like the area?

More homes for sale near 1856 N Western Avenue, Chicago, IL 60647

New Listings in Palmer Square, IL

Recently Sold Homes in Palmer Square, IL

Popular Neighborhoods near Palmer Square, IL

1856 N Western Avenue is a multiple family which sold for $741,000. This multiple family has been listed on @properties since May 12th, 2016 and was built in 1887. The nearest transit stops include Western CTA Blue line.

Mortgage Calculator