1431 Fairfield Avenue, West Town, Chicago, Illinois 60622


$625,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 7
Baths: 0
Year Built:
Property Taxes: $8,105
Days On Market: 2172
Lot Size: 0,00
Map
Street View

Description

Incredible opportunity to own this gut rehabbed brick 3-flat in East Humboldt Park with strong rents! Turn key building for either an owner occupant or investor. The 3 bedroom unit on the top floor was just vacated. This would allow a new owner to live in a gorgeously appointed 3BR/1BA while receiving $3295/month from the other two units. Or an investor can get a new tenant for the top floor (was rented through April 2020 for $2095/month) and achieve gross rents of $5390/month. 2nd floor features the same floor plan as the 3rd floor with 3BRs & 1BA. 1st floor is 1BR/1BA English Garden (only slightly below grade) that is incredibly bright & spacious. All units feature tenant paid central heat, real hardwood floors, granite or quartz countertops, dishwashers, updated bathrooms & laundry in unit. Updated electrical service and new panels for all units in the past year. 3rd floor unit has central air (can easily add central air to other two units as they have forced air furnaces). 2 car garage plus additional storage space in the building. Incredible location just one block from lovely Humboldt Park. Great grocery store at the end of the block & you're only 3.5 blocks to the 606. Walking distance to fantastic restaurants like HASH, Flying Saucer, Spinning J & Rootstock. Owner does not verify legality of 1st floor/garden unit. Property is Agent/Broker owned.

Property Specifics

Multi-unit
Full,English
No
0
Cook
— / —
Lake Michigan
Public Sewer
10696126
16012090110000

Property History

DATE: EVENT: PRICE: SOURCE:
24 Oct, 2011 Sold $70,000 MRED MLS
13 Oct, 2011 Under contract $79,000 MRED MLS
10 Oct, 2011 Listed for sale $79,000 MRED MLS
29 Aug, 2016 Sold $485,000 MRED MLS
15 Jun, 2016 Under contract $475,000 MRED MLS
15 Jun, 2016 Listed for sale $475,000 MRED MLS
29 Jun, 2020 Sold $625,000 MRED MLS
2 May, 2020 Under contract $635,000 MRED MLS
22 Apr, 2020 Listed for sale $635,000 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: 3
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: Utility Room-Lower Level
Basement: Full,English
Basement Description: Partially Finished,Exterior Access

Other Specifics

2
25 X 125
Not in DB

Tax History

Year Property Taxes
2011 $5,426
2016 $5,260
2020 $8,105

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Contact Agent

Listing Provided By

John Berdan