Movoto Real Estate
Sold on 04/23/2024
Deborah Hess of Compass

Undisclosed, Chicago, IL 60657

$1,452,000

Last sold 04/23/2024 for $1.2M

  • 9

    bed

  • 4

    bath

Multi-family not for sale

About Undisclosed

Property type Multi-family
Neighborhood
Year built 1891
HOA fee $0/month
Movoto estimate
Parking 2 garage spaces
Property description
Rare find! Majestic 3-story Greystone, exudes all the charm of the Victorian era, nestled in the heart of Chicago's vibrant South Lakeview neighborhood. This cherished property, making its debut on the market after a 37-year tenure, boasts meticulously maintained units, offering a blend of modern updates and historic charm, located near the intersection of Racine, Diversey and Lincoln. Originally built in 1895 the property has much of the vintage charm preserved, including wood trim, art fireplaces, leaded glass and built-ins, and features three distinct units, all sun filled and spacious featuring formal living rooms, large dining rooms, huge eat-in-kitchens with pantries and enclosed rear porches. The owner's duplex unit boasts three bedrooms plus an office, a family room, two bathrooms, has separate utilities and was renovated with architect/permits in the 90s. The 2nd and 3rd floor units each 3 BR + Office 1 Bath and heat is provided by owner. Dishwashers in the 1st and 2nd floor units. The 2nd floor also has in-unit laundry. The fully fenced backyard oasis is professionally landscaped with many trees, shrubs and perennials, as well as a paved walkway and concrete patio adjacent to the charming 2-car brick garage. Tenants are family and close friends, on month to month. Rental potential with minimal updates are projected to be in the $90,000 range per year. Tenants and owners alike will enjoy unparalleled access to an array of renowned restaurants, bars, and entertainment venues, this property epitomizes the allure of city living. Don't miss this extraordinary chance to own a piece of Lakeview history while embracing a lucrative investment opportunity.
Listed by
Listing Agent - Deborah Hess
Listing Office - Compass
Source: MRED mls logo
MLS#12029922 • last updated 2 years ago
Movoto checked MRED for data 10 minutes ago
Overview
Levels/Style Greystone
MLS # 12029922
SubType 3 Flat
Status Closed
Type Two To Four Units
Property Tax $ 21048
Year Built 1891
Interior
Bath Desc Soaking Tub
Basement Full
Add'l Room(s) Enclosed Porch
Total # of Rooms 24
Exterior
Exterior Brick
Garage Desc Garage Door Opener(s), Detached
# Garage Spaces 2
Parking Desc Garage
Exterior Features Brick Paver Patio
Lot Desc Less Than 0.25 Acre
Amenities / Utilities
Sewer/ Septic Desc Public Sewer
Water Source Public
# Units in Building 3
Location
Area CHI - Lake View
County Cook
Elementary School Harriet Tubman Elementary School
Elementary School District 299
High School Lincoln Park High School
Middle School District 299
Middle School Harriet Tubman Elementary School
High School District 299
APN 14292270050000
Zoning MULTI
Directions Diversey Pkwy W To Racine N To Address
Multifamily Details
Expense: Trash 2023, 1000
Expense: Maintenance 300
Expense: Insurance 1671
Expense: Management 0, 0
Gross Income 36000
Expense: Electricity 952
Expense: Fuel 5411
Expense: Water/ Sewer 1770
Total Rental Income 36000
$1.45M
Range: $1.16M-$1.74M
Last 30 days 
  • Jun 2024
    Public Records
  • Jun 17, 2024 Sold
    $1,202,500
  • Jun 2024
    mls logo MLS # 12029922
  • Jun 6, 2024 Sold
    $1,202,500 (+4.6%)
  • Apr 23, 2024 Active
    —
  • Apr 22, 2024 Listed
    $1,150,000
  • Year Property taxes Tax assessment
  • 2023
    $22,087 +2.7%
    $123,000 +13.89%
  • 2022
    $21,510 +2.2%
    $108,000
  • 2021
    $21,048 -4.2%
    $108,000 +6.16%
  • 2020
    $21,971 -0.2%
    $101,729 -10.0%
  • 2019
    $22,021 +1.7%
    $113,033
  • 2018
    $21,649 +24.9%
    $113,033 +34.68%
  • 2017
    $17,340 +6.3%
    $83,926
  • 2016
    $16,309 +9.5%
    $83,926
  • 2015
    $14,898 +15.8%
    $83,926
  • 2014
    $12,866 +2.1%
    —
  • 2013
    $12,601
    —
  • Undisclosed
    $1.2M
  • Lake View
    $539K 0% y/y
  • 60657
    $600K -6% y/y
  • Chicago
    $360K 0% y/y
No chart available
Statistics calculated by Movoto

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