3730-32 Central Park Avenue, Irving Park, Chicago, Illinois 60618
$850,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 12 |
| Baths: | 0 |
| Year Built: | 1914 |
| Property Taxes: | $10,579 |
| Days On Market: | 2487 |
| Lot Size: | 0,14 |
Description
RARELY AVAILABLE, TRUE 4-UNIT BUILDING on a DOUBLE LOT (50 x 125 ft) with beautiful center entrance in a highly desirable Irving Park location just 5 blocks from Independence Park! This building is a money maker with a CAP Rate of 7... and it doesn't get better for an easy-to-rent location- just 2 blocks from the Blue Line Addison Stop, close to the Metra, & easy access to a plethora of shopping & restaurants & 90/94 as well (perfect for commuters & getting to the airport). This beautiful building has recently had over $150,000 in updates including all brand new back decks & stairs, a brand new built-out 4BR, 2BTH Duplex Down, 2 new furnaces, all new hot water heaters & a drain tile system as well. All units are separately metered & tenants pay all their own utilities! With almost $82,000 in yearly income (from coin laundry & rents) & room for rent increases through continued cosmetic updates to the apartments this building represents an opportunity for a solid investment in a solid location with great returns for years to come!
Property Specifics
| Multi-unit | |
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| 1914 | |
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| No | |
| 0.14 |
| Cook | |
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| — / — | |
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| — | |
| 10527923 | |
| 13231230250000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 23 Dec, 2019 | Sold | $850,000 | MRED MLS |
| 1 Nov, 2019 | Under contract | $888,900 | MRED MLS |
| 24 Sep, 2019 | Listed for sale | $888,900 | MRED MLS |
Room Specifics
Total Bedrooms: 12
Bedrooms Above Ground: 12
Bedrooms Below Ground: 0
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Full Bathrooms: 8
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Other Specifics
| 4 | |
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| 50 X 125 | |
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| Not in DB | |
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| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2019 | $10,579 |
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Listing Provided By
Baird & Warner
