1875 Howe Street, Lincoln Park, Chicago, Illinois 60614
$2,000,000
|
Sold
|
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 0 |
| Baths: | 0 |
| Year Built: | — |
| Property Taxes: | $37,780 |
| Days On Market: | 1710 |
| Lot Size: | 0,00 |
Description
The opportunity you have been waiting for... Now is your chance to build your dream home on one of the most sought-after streets and blocks in the entire city. Approximate 25 x 124.5 lot with prime RM 4.5 zoning allows for a substantial home to fit in with the surrounding neighbors. Not many opportunities on these preferred blocks happen. Property is being sold for the lot, but currently the lot has a classic tall Chicago red-brick vintage building with 6 condo units (all 1 bedroom/1 bathroom units in front & back with individual furnaces & central air and all in great condition) that could be rented out while awaiting designs and permits or simply held on to for the investment. In the back is a parking pad with three spaces that allow for tandem car parking (total of 6 cars). Currently 4 of the units are rented, 1 is vacant, and 1 is used for Airbnb with an approximate income (assuming rent for vacant unit & average Airbnb income) of about $12,500/mth or about $150,000 annually. What a rare opportunity in an area that is amongst the most desirable the city offers.
Property Specifics
| Lot/Land | |
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| No | |
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| Cook | |
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| 11330855 | |
| 14333031611001 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Lincoln Elementary School |
299 | — | |
|
Middle School
Lincoln Elementary School |
299 | Not in DB | |
|
High School
Lincoln Park High School |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 6 Jul, 2022 | Sold | $2,000,000 | MRED MLS |
| 4 Mar, 2022 | Under contract | $2,000,000 | MRED MLS |
| 23 Feb, 2022 | Listed for sale | $2,000,000 | MRED MLS |
Room Specifics
Total Bedrooms: —
Bedrooms Above Ground: 0
Bedrooms Below Ground: —
Full Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Other Specifics
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| 25 X 124.5 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2022 | $37,780 |
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Listing Provided By
@properties Christie's International Real Estate
