2617 Rascher Avenue, Lincoln Square, Chicago, Illinois 60625


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$810,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 12
Baths: 0
Year Built: 1932
Property Taxes: $10,312
Days On Market: 2930
Lot Size: 0,00
Map
Street View

Description

GREAT OPPORTUNITY TO OWN A LEGAL 4 UNIT IN LINCOLN SQUARE/BUDLONG WOODS. TURN KEY FULLY RENTED MONEY MAKER WITH LONG TERM TENANTS WITH 7% CAP RATE. 1ST 2ND AND 3RD FLOOR HAVE 3 BEDS AND 1 BATH LIVING ROOM DINING ROOM AND KITCHEN RENTED $1500 EACH. LEGAL GARDEN 3 BED 2 BATH RENTED FOR $1200. 2 CAR GARAGE RENTED FOR $250/MONTH. NEW COIN LAUNDRY BRINGS ABOUT $175/MONTH. NEWER HVAC IN ALL UNITS, NEW ROOF NOVEMBER 2017. UNITS HAVE NEW KITCHEN, BATHS, FLOORING, APPLIANCES. TENANTS PAY ALL UTILITIES.

Property Specifics

Multi-unit
Traditional
1932
Full,Walkout
No
Cook
— / —
Lake Michigan
Public Sewer
09974698
13122140140000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Jamieson Elementary School
299
Middle School
Jamieson Elementary School
299 Not in DB
High School
Mather High School
299 Not in DB

Property History

DATE: EVENT: PRICE: SOURCE:
26 Jul, 2016 Sold $550,000 MRED MLS
15 Jun, 2016 Under contract $519,900 MRED MLS
8 Jun, 2016 Listed for sale $519,900 MRED MLS
26 Oct, 2018 Sold $810,000 MRED MLS
27 Jul, 2018 Under contract $849,900 MRED MLS
5 Jun, 2018 Listed for sale $849,900 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:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
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Fourth Bedroom Info:
Dimensions: —
Location: —
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Fifth Bedroom Info:
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Sixth Bedroom Info:
Dimensions: —
Location: —
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Seventh Bedroom Info:
Dimensions: —
Location: —
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Eighth Bedroom Info:
Dimensions: —
Location: —
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Ninth Bedroom Info:
Dimensions: —
Location: —
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Tenth Bedroom Info:
Dimensions: —
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Bedroom Info:
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Bedroom Info:
Dimensions: —
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Bathroom Info:
Full Bathrooms: 5
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: —
Additional Rooms Info:
Rooms: —
Basement: Full,Walkout
Basement Description: Finished

Other Specifics

2
Brick/Mortar,Concrete Perimeter
Fenced Yard
25 X 125
Not in DB

Tax History

Year Property Taxes
2016 $8,385,035
2018 $10,312

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Listing Provided By

Dream Town Realty