3119 Paulina Street, Lake View, Chicago, Illinois 60657


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$825,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 6
Baths: 0
Year Built: 1896
Property Taxes: $10,911
Days On Market: 2750
Lot Size: 0,06
Map
Street View

Description

Excellent investor opportunity - almost 8% cap rate! 3 flat + 1 garden unit in Burley school district. Total rent $84K annually! Sellers did a number of property improvements increasing cap rate from 5% to 8%, perfect for the armchair investor. All units rented out and always very easy to rent! Also opportunity to make even more $$ with Air BnB. Prime location - walking distance to public transportation, Whole Foods, Target, parks, restaurants and bars. Won't last long!

Property Specifics

Multi-unit
1896
None
No
0.06
Cook
— / —
Lake Michigan
Public Sewer
09918422
14302040160000

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Burley Elementary School
299

Property History

DATE: EVENT: PRICE: SOURCE:
10 Nov, 2015 Sold $576,500 MRED MLS
20 Oct, 2015 Under contract $585,000 MRED MLS
19 Oct, 2015 Listed for sale $585,000 MRED MLS
27 Nov, 2018 Sold $825,000 MRED MLS
22 Oct, 2018 Under contract $899,900 MRED MLS
16 Apr, 2018 Listed for sale $899,900 MRED MLS
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Room Specifics

All Bedroom Info:
Total Bedrooms: 6
Bedrooms Above Ground: 6
Bedrooms Below Ground: 0
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 4
Partial Bathrooms: —
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: Utility Room-Lower Level
Basement: None
Basement Description: None

Other Specifics

Deck, Porch
30X97
Not in DB
Sidewalks, Street Lights, Street Paved

Tax History

Year Property Taxes
2015 $9,063
2018 $10,911

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