Skip To Content

2615 W North Avenue

Chicago, IL 60647
  • $750,000
  • STATUS: Active Under Contract
  • ON SITE: 35 days
  • MLS #: 11080228
Under Contract
UPDATED: 62 min ago
$750,000
  • 7
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1906
County:

School Ratings & Info

School District:
299

Description

INVESTORS! INVESTORS! INVESTORS! FULLY RENTED! West Town greystone 3-unit building on corner zoned B3-2. Gross income $69,920.64/year. Two large apartments plus restaurant. 2nd floor 4 bed/1 bath rented until 4/30/22 for $1900 and 3rd floor 3 bed/1 bath rented until 5/1/22 for $1725. Apartments are improved, and offer high ceilings, separate living/dining rooms, lots of windows, hardwood flooring, large private decks, gas forced heat, and central a/c in 3rd. Restaurant space leased until 12/31/25, includes main level (36 seat dining/kitchen with 10ft hood/AHD bathrooms), entire basement accessible from inside and outside (storage/office), and two outdoor parking spaces. Utilities are separate, renters pay for gas and electric while commercial tenant covers 70% of water. Building sold As-is. On a dynamic stretch of North Ave. with loads of eateries, adjacent to Bucktown, Wicker park and Logan Square, steps to beautiful Humboldt park, 2 blocks to the Bloomingdale trail. 6 blocks to nearest L stop, multiple bus stops and Divvy stations plus close access to the expressway. Area tenants include: Cermak Produce, Cafe Pachuca, North & Western Dental Clinic, Illumination Are & Design, Game Stop, Anytime Fitness, Walgreens, and much more!

Monthly Payment Calculator



© 2021 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 Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2021-06-12T06:56:36.633 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
www.homesearchil.com/homes/116885376
Print Image

2615 W North Avenue Chicago, IL 60647

  • Price: $750,000
  • Status: Active Under Contract
  • Updated: 62 min ago
  • MLS #: 11080228
7
Beds
0
Baths
0
½ Baths
N/A
Acres
1906
Built
Neighborhood:
Chi - West Town
County:
Cook
Area:
Chi - West Town
School District:
299
Property Description
INVESTORS! INVESTORS! INVESTORS! FULLY RENTED! West Town greystone 3-unit building on corner zoned B3-2. Gross income $69,920.64/year. Two large apartments plus restaurant. 2nd floor 4 bed/1 bath rented until 4/30/22 for $1900 and 3rd floor 3 bed/1 bath rented until 5/1/22 for $1725. Apartments are improved, and offer high ceilings, separate living/dining rooms, lots of windows, hardwood flooring, large private decks, gas forced heat, and central a/c in 3rd. Restaurant space leased until 12/31/25, includes main level (36 seat dining/kitchen with 10ft hood/AHD bathrooms), entire basement accessible from inside and outside (storage/office), and two outdoor parking spaces. Utilities are separate, renters pay for gas and electric while commercial tenant covers 70% of water. Building sold As-is. On a dynamic stretch of North Ave. with loads of eateries, adjacent to Bucktown, Wicker park and Logan Square, steps to beautiful Humboldt park, 2 blocks to the Bloomingdale trail. 6 blocks to nearest L stop, multiple bus stops and Divvy stations plus close access to the expressway. Area tenants include: Cermak Produce, Cafe Pachuca, North & Western Dental Clinic, Illumination Are & Design, Game Stop, Anytime Fitness, Walgreens, and much more!
Exterior Features

Architectural Style Greystone Exterior Building Type BrickStone Exterior Features DeckStorms/Screens Foundation Details Stone Is Parking Includedin Price Yes Lot Features Corner Lot Number Of Cars 2 Parking Space/S Parking Features Off Alley Parking On Site Yes Parking Ownership Owned Parking Total 2 Unit1 Floor Level 1 Unit2 Floor Level 2 Unit3 Floor Level 3 Waterfront YN No

Interior Features

3 Bedroom Unit In Building Yes Appliances Features Unit1 StoveRefrigeratorDishwasherMicrowaveDisposalCentral Air ConditionerRange HoodHardwood FloorsOven/Built-In Appliances Features Unit2 StoveRefrigeratorMicrowaveWindow Air ConditionerHardwood FloorsOven/Built-In Appliances Features Unit3 StoveRefrigeratorMicrowaveCentral Air ConditionerHardwood FloorsOven/Built-In Basement Full Basement Description Partially Finished Bathrooms Total Integer 4 Bedrooms Below Grade 0 Bedrooms Possible 7 Full Baths In Building 2 Full Baths In Unit1 0 Full Baths In Unit2 1 Full Baths In Unit3 1 Half Baths In Building 2 Half Baths In Unit1 2 Half Baths In Unit2 0 Half Baths In Unit3 0 Heating Natural Gas Number Of Bedrooms Unit1 0 Number Of Bedrooms Unit2 4 Number Of Bedrooms Unit3 3 Number Of Rooms Unit1 2 Number Of Rooms Unit2 7 Number Of Rooms Unit3 6 Rooms Total 15

Property Features

Additional Parcels YN No Age Description 100+ Years Built Before1978 YN Yes Community Features CurbsSidewalksStreet LightsStreet Paved Corporate Limits Chicago General Information None Gross Income 69920 Insurance Expense 3293 Lease Exp Date Mo Yr Unit1 12/25 Lease Exp Date Mo Yr Unit2 04/22 Lease Exp Date Mo Yr Unit3 5/22 Lot Size Standard Chicago Lot Lot Size Dimensions 25X98 Net Operating Income 52600 New Construction YN No Other Expenses 3134 Property Sub Type 3 Flat Rebuilt YN No Rehab YN No Security Deposit Unit1 0 Security Deposit Unit2 0 Security Deposit Unit3 0 Sewer Public Sewer Special Assessments N Special Listing Conditions List Broker Must Accompany Special Service Area N Tax Annual Amount 9813 Tax Year 2019 Tenant Pays Unit1 AllElectricGasHeatParkingScavenger Tenant Pays Unit2 ElectricGasHeat Tenant Pays Unit3 ElectricGasHeat Unit1 Rent 2163 Unit2 Rent 1900 Unit3 Rent 1725 Water Sewer Expense 1078 Water Source Public Zoning Other

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of @Properties.


© 2021 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 Littlefield Group | Keller Williams Realty. Based on information submitted to the MRED as of 2021-06-12T06:56:36.633 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
 
https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11080228-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11080228-1.jpg https://bt-photos.global.ssl.fastly.net/mred/1280_boomver_1_11080228-1.jpg
Logo
Littlefield Group | Keller Williams Realty
2441 Village Green Place
Champaign IL, 61822