1471 Berwyn Avenue, Edgewater, Chicago, Illinois 60640


$1,250,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 7
Baths: 0
Year Built: 1909
Property Taxes: $14,983
Days On Market: 1333
Lot Size: 0,09
Map
Street View

Description

Be prepared to fall in love! This magnificent legal three-unit Chicago greystone sits regally on an oversized lot and is nothing short of perfection. Attention to detail coupled with consistent proactive maintenance translate into a pristine and beautiful offering, just steps from the charm of Clark Street. What makes this building most special is that the above-grade units each boast three bedrooms, two bathrooms, and a sunny south-facing sitting room or office (in addition to living and dining rooms and spacious private decks). Enjoy sun-filled homes with light that simply floods in, beautiful hardwood floors, and built-ins. Laundry room with side-by-side appliances is a perk to the top floor home. The legal one-bedroom garden has a private entrance and is bright, clean, and cozy. The improvements are abundant, so please reference the supplemental document but trust the roof was new in October 2018 (with a warranty through 2024, which can be extended), the masonry has been proactively spot tuckpointed, and the high-efficiency boiler was new in October 2018 (with a warranty through 2023 on parts/2033 on heat exchanger). The garden has a mini-split heating/cooling system, which was new in April 2019 (with a warranty through 2031). Two of the three water heaters remain under warranty, as do many of the kitchen appliances. The common electrical is broken out on a fourth panel. There is an underground sprinkler system and a patio in the back that meets a two-car garage and parking pad, which can accommodate two cars parked in tandem. The superb location, quality of the units, and meticulous upkeep consistently attract long-term tenants and minimize vacancy. There is a Starbucks on your corner, and the building is a short walk to the Red Line, the Lakefront Trail and the beach. Consider the turnkey use of the space as you see fit: perfect to owner-occupy one unit and rent out the remaining two, rent all three and collect passive income in a highly rentable location, or convert to a single-family home. This building is a rare gem!

Property Specifics

Multi-unit
1909
No
0.09
Cook
— / —
11301712
14081230070000

Property History

DATE: EVENT: PRICE: SOURCE:
1 Nov, 2016 Sold $750,000 MRED MLS
1 Sep, 2016 Under contract $777,000 MRED MLS
24 Aug, 2016 Listed for sale $777,000 MRED MLS
4 Apr, 2022 Sold $1,250,000 MRED MLS
5 Feb, 2022 Under contract $1,200,000 MRED MLS
2 Feb, 2022 Listed for sale $1,200,000 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: 5
Partial Bathrooms: —
Bathroom Amenities: Soaking Tub
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: —
Basement Description: Partially Finished,Exterior Access,Storage Space

Other Specifics

2
34 X 125
Not in DB

Tax History

Year Property Taxes
2016 $7,930
2022 $14,983

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Contact Agent

Listing Provided By

Baird & Warner