Sold

1527 N Western Avenue, Chicago, IL 60622

Beds
11
Baths
3

View property features, location on map, relevant school information and overview from seller's agent.

Listed byeXp Realty, LLC
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Overview

Calling all investors and house hackers! Brick legal three-flat with an additional garden unit on the edge of Wicker Park. This SOLID building features eleven bedrooms and four bathrooms across approximately 4,600 square feet, with all units on separate meters and equipped with central air conditioning. Each of the three main units includes three bedrooms and one bathroom plus porch, all rehabbed around 2015, while the garden unit offers two bedrooms and one bathroom with private side and rear access. The building includes a three-car parking pad, a newer coin-operated laundry system for additional income. With current rents totaling $8,315 per month and a pro forma potential of of $10,000+/mo, the property is already cash-flowing and offers further upside with cosmetic updates or in unit washer/dryer. Top floor is MTM and perfect fit for an owner occupant. Leases are in place for additional units, and tenants pay their own gas and electric. Located just steps from the CTA Blue Line, 606 Trail, and some of Chicago's best restaurants and nightlife, this well-maintained asset offers prime convenience and steady returns in one of the city's most sought-after neighborhoods. Whether you're looking to offset your housing costs or expand your portfolio with a stable income-generating property this brick beauty delivers on all fronts.

Location

Full feature list

Basic info

Property type
Multi-family
Number of bedrooms
11
Number of bathrooms
3
Lot size (acres)
0.06
Year built
1897

Interior features

Basement
Yes, Finished

Utilities

Heating
Electric
Sewer
Public sewer

Estimated monthly costs

Electricity
$150
Insurance
$6,145

Taxes

Tax Annual Amount (2023)
$15,663

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: Midwest Real Estate Data (MRED) MLS®#: 12497606 Last checked:

Based on information submitted to the MLS GRID as of . 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.