1421 Fletcher Street, Lake View, Chicago, Illinois 60657
$800,000
Sold
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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 |
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 | |
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— | |
1886 | |
Full | |
— | |
No | |
0.07 |
Cook | |
— | |
— / — | |
— | |
Lake Michigan | |
Public Sewer | |
10515055 | |
14291050140000 |
Nearby Schools
NAME: | DISTRICT: | DISTANCE: | |
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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 |
Room Specifics
Total Bedrooms: 9
Bedrooms Above Ground: 9
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
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Full Bathrooms: 5
Bathroom Amenities: Soaking Tub
Bathroom in Basement: 0
Rooms: —
Basement Description: Unfinished
Other Specifics
2 | |
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— | |
Deck | |
Fenced Yard | |
25X125 | |
— | |
— | |
— | |
— | |
Not in DB | |
Sidewalks, Street Lights, Street Paved | |
— | |
— | |
— |
Tax History
Year | Property Taxes |
---|---|
2019 | $16,734 |
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Listing Provided By
Berkshire Hathaway HomeServices KoenigRubloff