1417 Olive Avenue, Edgewater, Chicago, Illinois 60660


$815,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 7
Baths: 0
Year Built: 1912
Property Taxes: $14,192
Days On Market: 717
Lot Size: 0,00
Map
Street View

Description

3-unit all-brick building on a large lot in the Andersonville neighborhood. It's fully leased, featuring a 3 bed/2 bath duplex (Unit 1) and two 2 bed/1 bath units (Units 2 and 3). Highlights include hardwood floors, spacious interiors, high ceilings, and separate HVACs. Also includes a 2-car garage for extra income and the option to transform the basement into another unit under the ADU program. There's also a new coin laundry in the basement. Recent upgrades include Unit 2's kitchen (2016) and Unit 3's kitchen and bath (2019). Rents are below market and have room for growth. Unit 1 is perfectly positioned for rehab potential and has many possibilities in addition to the ADU potential. This is a good opportunity for first-time investors or owner-occupant buyer.

Property Specifics

Multi-unit
1912
No
Cook
— / —
11966794
14053300270000

Property History

DATE: EVENT: PRICE: SOURCE:
9 May, 2024 Sold $815,000 MRED MLS
8 Mar, 2024 Under contract $845,000 MRED MLS
25 Jan, 2024 Listed for sale $845,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 7
Bedrooms Above Ground: 7
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Seventh Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Unfinished

Other Specifics

2
30' X 137'
Not in DB

Tax History

Year Property Taxes
2024 $14,192

Nearby Similar Homes

5847 Magnolia Avenue, Chicago, Illinois 60660
For Sale
$739,000
4 beds / 0.0 baths / 0 ft2
Multi-unit / Built: —
6

1656 Hollywood Avenue, Chicago, Illinois 60660
For Sale
$959,000
11 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1898
26

6019 Paulina Street, Chicago, Illinois 60660
For Sale
$750,000
5 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1911
96

6064 Paulina Street, Chicago, Illinois 60660
For Sale
$1,000,000
9 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1907
4

Nearby Sold Comparables

1423 Olive Avenue, Chicago, Illinois 60660
Sold
$649,000
6 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1912
2147

1425 Olive Avenue, Chicago, Illinois 60660
Sold
$550,000
6 beds / 2.0 baths / 0 ft2
Multi-unit / Built: 1910
6205

1429 Olive Avenue, Chicago, Illinois 60660
Sold
$825,000
7 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1908
542

1422 Olive Avenue, Chicago, Illinois 60660
Sold
$739,000
7 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1910
4540

1412 Olive Avenue, Chicago, Illinois 60660
Sold
$975,000
7 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1915
667

1432 Bryn Mawr Avenue, Chicago, Illinois 60660
Sold
$550,000
6 beds / 0.0 baths / 0 ft2
Multi-unit / Built: 1896
4630


Contact Agent

Listing Provided By

Essex 312, LLC