Price Reduction
Address
1502 N CLEVELAND Avenue Chicago, IL
Price
$ 995,000
Property Attributes
  • MLS#10827631
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near North Side
  • NeighborhoodOld Town
  • Zip60610
  • StyleGreystone
  • Year Built1895
  • Taxes22272
  • Price$ 995,000
  • Bedrooms5
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage4400
Listing Provided Courtesy Of:
Coldwell Banker Residential
Property Description

OLD TOWN-Investors delight SPACIOUS GRAY-STONE 3 UNITS w/beautiful curb appeal. Almost 5000 Sq Ft of living space, Lot (25x123), RT-5 Zoning. Building was gutted & rehabbed 30 years ago w/full replacement & improvements of structural, plumbing, electric & mechanic. **1st fl, owner occupied, is dplx down, almost 2000 Sq Ft w/2 full huge Baths, 2 fireplaces,. /can be rented for $3,200+ / month. A few months ago was just nicely remodeled ( see pictures) **2nd ( see pics) & 3rd units are identical: 2/1, laminate floor, Fireplace, spacious w/lots of light...Tenants pay all utilities! Current Gross Income, if owner unit is rented, will be around $100,000/with some improvements Gross Income can be $30K-$40K higher. Bldg is ideal for 2 or 3 condos /Duplex down & duplex up/, convert to SF home or keep it as high end investment. Condos in the area sell for over $1 Million, SF for a few Millions. Laundry in the basement, 2 Car garage /can bring extra Income/. Amazig Chicago's city sky light from the roof (Pls check the photo-possible roof deck) ) Beautiful secular yard. Bldg is well cared for, however, long time owner prefers AS-IS sale.

Price History
8/22/2020 Listed $1,175,000
9/30/2020 16% - $995,000

General Features

Community Features Curbs, Sidewalks, Street Lights, Street Paved, Other
Heating Natural Gas, Forced Air
New Construction No
Property Type Two to Four Units
Property Type Residential Income
Sewer Public Sewer
Standard Status Active Under Contract
Subdivision Name Old Town
Zoning MULTI

Interior Features

Basement None
Bathrooom Whirlpool, Soaking Tub
Bedroomspossible 5
Full Baths Building 4
Full Baths Unit 1 2
Full Baths Unit 2 1
Full Baths Unit 3 1
Total Baths 4
Total Bedrooms 5

Exterior Features

Exterior Masonite, Stone
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 25 X 123
Total Parking 2
Water Source Lake Michigan

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60610

Price
AVG $630K
$1,000K
Taxes
AVG $9,255
$22,272
Visits
AVG 35
80
Year Built
AVG 1978
1895
Walkscore
AVG 96
88
Data Provided by Walkscore ® not using MLS data

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