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3 Flat 2024 Clifton Lincoln Park Chicago IL Mu In
MLS #: 10304272
Detailed Listing Description
THIS TURNKEY PROPERTY IS HIGHLY DESIRABLE AND UNIQUE IN THE MARKETPLACE. IDEALLY LOCATED ON ONE OF LINCOLN PARK'S PREMIER ONE WAY STREETS RIGHT OFF OF ARMITAGE, THIS HANDSOME, ALL BRICK, LEGAL 3-UNIT PROPERTY IS COMPRISED OF A 2-UNIT BUILDING IN FRONT AND A COACH HOUSE IN BACK. ENTIRE COMPOUND IS IN PRISTINE CONDITION AND HAS BEEN METICULOUSLY MAINTAINED. FEATURES INCLUDE NEW ROOF, FULL TUCKPOINTING AND NEW DECKS. UNIT #2 HAS BEEN GUT REHABBED AND UNIT #1 IS SIGNIFICANTLY UPGRADED. THE COACH HOUSE LIVES LIKE A SINGLE FAMILY HOME. FURNACES, CONDENSERS AND WASHERS/DRYERS ARE ALL TOP OF THE LINE. BEAUTIFUL, PROFESSIONALLY LANDSCAPED FRONT AND BACK YARDS. 2-CAR GARAGE. THE PROPERTY IS FULLY RENTED AND CURRENTLY GENERATES A MONTHLY INCOME OF $8,400 FOR THE UNITS + $150 FOR EACH GARAGE SPACE FOR A TOTAL MONTHLY INCOME OF $8,700. ALTHOUGH THE PROPERTY TAXES ARE REASONABLE, THEY HAVE BEEN APPEALED AND ARE LIKELY TO BE REDUCED.
Additional Property Details
Garage & Parking
- Gargage On SiteY
- Gargage OwnershipA
- Gargage TypeB
- Number of Gargage Spaces2
- Number of Parking Spaces0
- Parking Fee/Lease Amount0
- Tenant Pays Unit 1B,C
- Tenant Pays Unit 2B,C
- Tenant Pays Unit 3B,C
- Appliances Unit 1A,B,E,F,G,I,M,S
- Appliances Unit 2A,B,E,F,G,I,M,S,U
- Appliances Unit 3A,B,C,D,E,F,G,I,S,T,U
- Grade SchoolOSCAR MAYER ELEMENTARY SCHOOL
- Grade School District299
- Jr High/Middle SchoolOSCAR MAYER ELEMENTARY SCHOOL
- Jr High/Middle School District299
- High School District299
Zip Code Comparison: 60614Listings in this Zip Code average: 3 to 4 units, and are priced at $1,397,655 to $1,464,000
This listing is 18% more than other 3 unit listings in this zipcode.
Neighborhood Comparison:Listings in this Neighborhood average: 3 to 4 units, with average prices of $1,494,179 to $1,560,429
CHI - Lincoln Park
This listing is 10% more than other 3 unit listings in this neighborhood.
Rental Income : Annual $100,800 Monthly $8,400
Rental Income Stabilized : Annual $80,412 Monthly $6,701
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Listing Office: Coldwell Banker Residential
2022 North Clifton Chicago
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