2640 Burling Street, Lincoln Park, Chicago, Illinois 60614
$1,365,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 8 |
| Baths: | 0 |
| Year Built: | 1880 |
| Property Taxes: | $16,615 |
| Days On Market: | 169 |
| Lot Size: | 0,00 |
Description
Attractive and solid 3-unit INVESTMENT property on historically charming Burling Street in Lincoln Park, a walker's paradise close to shopping, transit, schools, and the lake. Fully rented building has received many improvements and has respectful long-term tenants who take care of the property. Tenants pay all utilities; all units have HVAC systems that are serviced annually; most have been replaced within past 8 years. First floor duplex has four bedrooms and 2 baths. Second floor 2-bedroom unit has huge living room, dining room and kitchen, many windows and tons of character. Top floor has two bedrooms, a large open kitchen and in-unit laundry. Dedicated washers & dryers for units one and two are in the basement. Building and garage roof and gutters replaced in 2020. Many windows and appliances have been replaced. Kitchen and bath remodels on 1st and 2nd floor are among the many improvements. 2-car garage onsite brings in additional income. Comparable properties in the area are getting 20% higher rents. Depaul Campus, Red and Brown Line trains, Trader Joe's, Lincoln Park and Oz Park are all a short walk! Full list of improvements, rent roll and pro forma are available at showing.
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1880 | |
| — | |
| — | |
| No | |
| — |
| Cook | |
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| — / — | |
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| — | |
| 12363634 | |
| 14283020340000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Alcott Elementary School |
299 | — | |
|
Middle School
Alcott Elementary School |
299 | Not in DB | |
|
High School
Lincoln Park High School |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 26 Dec, 2012 | Sold | $725,000 | MRED MLS |
| 27 Nov, 2012 | Under contract | $735,000 | MRED MLS |
| 28 Nov, 2011 | Listed for sale | $735,000 | MRED MLS |
| 23 Jun, 2025 | Sold | $1,365,000 | MRED MLS |
| 19 May, 2025 | Under contract | $1,299,000 | MRED MLS |
| 13 May, 2025 | Listed for sale | $1,299,000 | MRED MLS |
Room Specifics
Total Bedrooms: 8
Bedrooms Above Ground: 8
Bedrooms Below Ground: 0
Dimensions: —
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Full Bathrooms: 4
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
| — | |
| — | |
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| — | |
| 25 X 105 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2012 | $10,747 |
| 2025 | $16,615 |
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Listing Provided By
@properties Christie's International Real Estate
