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    2227 Clybourn Avenue

    Chicago, IL 60614
    • $999,000
    • STATUS: Active
    • ON SITE: 4 days
    • MLS #: 10860214
    New On Site 4 Days Ago
    UPDATED: 29 min ago
    $999,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1880
    County:

    School Ratings & Info

    Description

    Location, Location, Location! Rare opportunity to acquire a legal 4-unit building under a million dollars in Lincoln Park. Easy to rent, strong cash flow building with a high walkability score. Current zoning allows for commercial use and is a great option for an owner operator. Building features a three unit building with additional updated coach house. Building is currently fully leased. Main building consists of three units; 1 bedroom garden, 2 bedroom simplex and huge one bedroom + den duplex up with in-unit laundry. Coach house was recently updated and features three bedrooms (previously used for Airbnb). Central air and heat, shared yard, coin laundry, easy street parking. Steps to Webster Place retail,restaurants, shops & grocery stores. Easy access to CTA bus, Metra & 90/94 expressway. Property sits on boundary of massive Lincoln Yards development. Great buy and hold. Property sold as-is.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2020-09-21T13:52:31.097 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    2227 Clybourn Avenue Chicago, IL 60614

    • Price: $999,000
    • Status: Active
    • Updated: 29 min ago
    • MLS #: 10860214
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1880
    Built
    Neighborhood:
    Chi - Lincoln Park
    County:
    Cook
    Area:
    Chi - Lincoln Park
    Property Description
    Location, Location, Location! Rare opportunity to acquire a legal 4-unit building under a million dollars in Lincoln Park. Easy to rent, strong cash flow building with a high walkability score. Current zoning allows for commercial use and is a great option for an owner operator. Building features a three unit building with additional updated coach house. Building is currently fully leased. Main building consists of three units; 1 bedroom garden, 2 bedroom simplex and huge one bedroom + den duplex up with in-unit laundry. Coach house was recently updated and features three bedrooms (previously used for Airbnb). Central air and heat, shared yard, coin laundry, easy street parking. Steps to Webster Place retail,restaurants, shops & grocery stores. Easy access to CTA bus, Metra & 90/94 expressway. Property sits on boundary of massive Lincoln Yards development. Great buy and hold. Property sold as-is.
    Exterior Features

    Lot Dimensions 3000 Lot Sq Ft 3000 Number Of Parking Spaces 0

    Interior Features

    Air Conditioning Central Air Fire Protection Alarm Monitored Number Of Apts 4 Number Of Offices 0 Number Of Stores 0 Number Of Stories 3

    Property Features

    Age Older Built Before1978 YN Yes Current Use Residential Electric Expense Source Combination Electrical Service Circuit BreakersSeparate Meters101-200 Amps Electricity Expense 600 Expense Year 2019 Fuel Expense 600 Fuel Expense Source Combination Geographic Locale Downtown Chicago Gross Rental Income Amount 82380 Heat Ventilation Forced Air Insurance Expense 3425 Insurance Expense Source Actual Net Oper Income Amount 50164 Number Of Tenants 4 Other Expense Source Actual Other Expenses 400 Potential Use CommercialOffice And ResearchResidential-Multi-Family Rental Price 0 Tax Year 2019 Taxes 20988 Tenant Pays Air ConditioningElectricHeat Total Annual Expense Source Combination Total Annual Income 82380 Total Monthly Income 6865 Water Expense 948 Water Expense Source Actual

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2020-09-21T13:52:31.097 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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    Northbrook IL, 60062