1502 Cleveland Avenue, Near North Side, Chicago, Illinois 60610

Subdivision > Old Town

$975,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 5
Baths: 0
Year Built: 1895
Property Taxes: $22,272
Days On Market: 1847
Lot Size: 0,00
Map
Street View

Description

OLD TOWN-Investors delight SPACIOUS GRAY-STONE 3 UNITS w/beautiful curb appeal. Almost 5000 Sq Ft of living space, Lot (25x123), RT-5 Zoning. Building was gutted & rehabbed 30 years ago w/full replacement & improvements of structural, plumbing, electric & mechanic. **1st fl, owner occupied, is dplx down, almost 2000 Sq Ft w/2 full huge Baths, 2 fireplaces,. /can be rented for $3,200+ / month. A few months ago was just nicely remodeled ( see pictures) **2nd ( see pics) & 3rd units are identical: 2/1, laminate floor, Fireplace, spacious w/lots of light...Tenants pay all utilities! Current Gross Income, if owner unit is rented, will be around $100,000/with some improvements Gross Income can be $30K-$40K higher. Bldg is ideal for 2 or 3 condos /Duplex down & duplex up/, convert to SF home or keep it as high end investment. Condos in the area sell for over $1 Million, SF for a few Millions. Laundry in the basement, 2 Car garage /can bring extra Income/. Amazig Chicago's city sky light from the roof (Pls check the photo-possible roof deck) ) Beautiful secular yard. Bldg is well cared for, however, long time owner prefers AS-IS sale.

Property Specifics

Multi-unit
Greystone
1895
None
No
Cook
Old Town
— / —
Lake Michigan
Public Sewer
10827631
14041090390000

Property History

DATE: EVENT: PRICE: SOURCE:
13 Nov, 2020 Sold $975,000 MRED MLS
6 Oct, 2020 Under contract $995,000 MRED MLS
Last price change $1,175,000 MRED MLS
22 Aug, 2020 Listed for sale $1,175,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 5
Bedrooms Above Ground: 5
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: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: Whirlpool,Soaking Tub
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: None
Basement Description: None

Other Specifics

2
Stone,Other
Fenced Yard
25 X 123
Not in DB
Curbs, Sidewalks, Street Lights, Street Paved, Other

Tax History

Year Property Taxes
2020 $22,272

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Contact Agent

Listing Provided By

Coldwell Banker Realty