1456 Fletcher Street, Lake View, Chicago, Illinois 60657

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$1,325,000

Sold
Status:	Closed
Sqft:	0
Cost/Sqft:	—
Beds:	14
Baths:	0
Year Built:	1898
Property Taxes:	$13,500
Days On Market:	2014
Lot Size:	0,07

Map

Street View

Description

OVER $112000 (MARKET $151,200) IN ANNUAL RENTS. RENTS CURRENTLY BELOW MARKET VALUE BY $200 p/b YET STILL A 5% CAP RATE. TAKE ADVANTAGE OF THIS OPT TO OWN A STATELY LAKEVIEW 4-FLAT IN BURLEY SCHOOL DISTRICT; RAISE RENTS TO MARKET AND RECEIVE 7-9% CAP RATE. FOURTEEN BEDS. TOTAL RENT INCOME MONTHLY $9400 (MARKET 12,600/$151,200 ANNUAL MARKET) FIRST FLOOR UNITS NICELY RENOVATED AND DUPLEXED DOWN W/ IN-UNIT W/D. ALL UNITS ARE BEAUTIFULLY RENOVATED AND IN GREAT SHAPE. EACH UNIT HAS OWN HEATING/COOLING/ELECTRIC & PAY UTILITIES. ALL HAVE CENTRAL AIR/HVAC. HIGH BASEMENT CEILING HEIGHT. SOLID BRICK BUILDING THAT HAS BEEN WELL MAINTAINED. ADDITIONAL STORAGE UNITS IN BASEMENT. VERY WELL MAINTAINED BUILDING.

Property Specifics

Proerty Type	Multi-unit
Stories	—
Style	—
Year Built	1898
Basement	Full
Model	—
Waterfront	No
Lot Size	0.07

County	Cook
Subdivision	—
Association Fees / Frequency	— / —
Association Fees Includes	—
Water	Lake Michigan
Sewer	Public Sewer
MLS #	10657296
PIN #	14291010170000

Nearby Schools

NAME:		DISTRICT:	DISTANCE:
	Grade School Burley Elementary School	299	—

Property History

DATE:	EVENT:	PRICE:	SOURCE:
10 Jun, 2016	Sold	$1,125,000	MRED MLS
11 May, 2016	Under contract	$1,199,900	MRED MLS
—	Last price change	$1,225,000	MRED MLS
10 Mar, 2016	Listed for sale	$1,225,000	MRED MLS
15 May, 2020	Sold	$1,325,000	MRED MLS
31 Mar, 2020	Under contract	$1,490,000	MRED MLS
5 Mar, 2020	Listed for sale	$1,490,000	MRED MLS

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Room Specifics

All Bedroom Info:
Total Bedrooms: 14
Bedrooms Above Ground: 14
Bedrooms Below Ground: 0

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Ninth Bedroom Info:
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Tenth Bedroom Info:
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Bathroom Info:
Full Bathrooms: 9

Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —

Additional Rooms Info:
Rooms: —

Basement: Full
Basement Description: Unfinished

Other Specifics

Garage	—
Foundation	—
Driveway	—
Exterior Features	Deck, Storms/Screens, Cable Access
Lot Description	—
Lot Dimensions	25 X 125
Attic	—
Master Bathroom	—
Miscellaneous	—
Appliances	—
Equipment/Fixtures	Not in DB
Area	—
Park	—
Common Area	—
Fireplace(s) Info	—