1714 Rascher Avenue, Edgewater, Chicago, Illinois 60640
$555,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 5 |
| Baths: | 0 |
| Year Built: | 1908 |
| Property Taxes: | $9,475 |
| Days On Market: | 1897 |
| Lot Size: | 0,20 |
Description
Exceptionally well cared for Grey-stone 2-flat in West Andersonville. With the condition of the apartments, rents could be quite healthy. Truly, the epitome of a turnkey investment. Building was retrofit with central air and heat for each of the units in 2008. The considerable list of improvements can be found in the drop down for additional information and will offer peace of mind to any buyer. In such a prime location, a turnkey building like this should conservatively bring somewhere in the $3,000 per month range without spending a dime. If you want to get creative you could transform this property for a huge return. This is the kind of building and location where high-end finishes to kitchens and baths could bring steady high dollar rents for the long haul. Duplexing the first floor could make it a dream live-in owner scenario. Lastly - - a properly appointed transformation with attention to details to a SFH will bring a 7 digit price tag. Tons of possibilities and options. This is an incredibly solid 2 flat in a fabulous location. Fully fenced back yard and 2 car garage. Check out the pictures, 3-D Matterport Video and floor plan. Set an appointment before it is gone. Fully occupied but both tenants expect to be completely vacated by 8/31/20. Please submit all offers by Wednesday evening with a decision to follow directly.
Property Specifics
| Multi-unit | |
| — | |
| Greystone | |
| 1908 | |
| Full | |
| GREYSTONE 2-FLAT | |
| No | |
| 0.2 |
| Cook | |
| — | |
| — / — | |
| — | |
| Lake Michigan | |
| Public Sewer | |
| 10785521 | |
| 14072060260000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Peirce Elementary School Intl St |
299 | — | |
|
High School
Amundsen High School |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 3 Sep, 2020 | Sold | $555,000 | MRED MLS |
| 24 Jul, 2020 | Under contract | $550,000 | MRED MLS |
| 17 Jul, 2020 | Listed for sale | $550,000 | MRED MLS |
Room Specifics
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 2
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: Enclosed Porch
Basement Description: Unfinished
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| Fenced Yard | |
| 25 X 125 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| Sidewalks, Street Lights, Street Paved | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2020 | $9,475 |
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Listing Provided By
Baird & Warner
