1421 Fletcher Street, Lake View, Chicago, Illinois 60657


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$800,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 9
Baths: 0
Year Built: 1886
Property Taxes: $16,734
Days On Market: 2192
Lot Size: 0,07
Map
Street View

Description

Enormous cash cow building with room to grow. 4 units, back deck & garage roof deck over 2 car garage. Perfect for investor or owner occupant because of the 2-level, 3 bed 2 bath duplex. Rent has much potential to be raised! Updated kitchens and baths. Dishwasher in each unit. Full sized in-unit laundry in duplex. Central heat in all units. Central A/C in 2 rear units. Window A/C in 2 front units. Huge full unfinished basement with 2 washers, 2 dryers, plenty of storage. Foundation rebuilt 5yrs ago. Kitchen plumbing stack replaced this year. Building has a front and a side entrance which provides all 4 units with a front and back door. 2 Garage spaces have been rented out to non tenants at $170/month each, expiration 4/30/2020. Annual Expenses- Insurance $2100 Water $1350 Electric $300. Other expenses- snow removal, cleanup, filter changes, furnace maintenance, fighting taxes, general maintenance $8,500. Total expenses incl. taxes 28,983.87. Gross income 83,460. Net income 54,476.

Property Specifics

Multi-unit
1886
Full
No
0.07
Cook
— / —
Lake Michigan
Public Sewer
10515055
14291050140000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Burley Elementary School
299
Middle School
Burley Elementary School
299 Not in DB
High School
Lake View High School
299 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
15 Nov, 2019 Sold $800,000 MRED MLS
3 Oct, 2019 Under contract $999,000 MRED MLS
11 Sep, 2019 Listed for sale $999,000 MRED MLS
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Room Specifics

All Bedroom Info:
Total Bedrooms: 9
Bedrooms Above Ground: 9
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: —
Eighth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Ninth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 5
Partial Bathrooms: —
Bathroom Amenities: Soaking Tub
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: Full
Basement Description: Unfinished

Other Specifics

2
Deck
Fenced Yard
25X125
Not in DB
Sidewalks, Street Lights, Street Paved

Tax History

Year Property Taxes
2019 $16,734

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Contact Agent

Listing Provided By

Berkshire Hathaway HomeServices KoenigRubloff