2440 Iowa Street, West Town, Chicago, Illinois 60622


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$1,335,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 12
Baths: 0
Year Built: 1875
Property Taxes: $11,000
Days On Market: 2387
Lot Size: 0,06
Map
Street View

Description

Perfect Turn Key Investment Property. Current Owner has 3 long term tenants and operating 1 City of Chicago Licensed AIRBNB unit 110k+ gross rental income in 2019! Low maintenance as the the building has been recently gut/rehabbed. All new electrical, plumbing, HVAC, insulation and all finishing materials. Solid financials. Quality finishes really shows well making it easy to market to future tenants. Currently fully occupied, please do not disturb the Tenants. More pictures available upon request.

Property Specifics

Multi-unit
1875
Full
No
0.06
Cook
— / —
Lake Michigan
Public Sewer
10611115
16014230250000

Property History

DATE: EVENT: PRICE: SOURCE:
15 Oct, 2015 Sold $380,000 MRED MLS
25 Aug, 2015 Under contract $380,000 MRED MLS
Last price change $399,999 MRED MLS
10 Mar, 2015 Listed for sale $399,999 MRED MLS
27 Mar, 2020 Sold $1,335,000 MRED MLS
22 Feb, 2020 Under contract $1,395,000 MRED MLS
15 Jan, 2020 Listed for sale $1,395,000 MRED MLS
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Room Specifics

All Bedroom Info:
Total Bedrooms: 12
Bedrooms Above Ground: 12
Bedrooms Below Ground: 0
Second Bedroom Info:
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Third Bedroom Info:
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Fourth Bedroom Info:
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Sixth Bedroom Info:
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Seventh Bedroom Info:
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Eighth Bedroom Info:
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Ninth Bedroom Info:
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Tenth Bedroom Info:
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Bedroom Info:
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Bedroom Info:
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Bathroom Info:
Full Bathrooms: 8
Partial Bathrooms: —
Bathroom Amenities: Double Sink
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: Full
Basement Description: Finished

Other Specifics

2
24X124
Not in DB
Park

Tax History

Year Property Taxes
2015 $5,444
2020 $11,000

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Listing Provided By

Baird & Warner