4634 Wallace Street, New City, Chicago, Illinois 60609


$425,000

Sold
Status: Closed
Sqft: 0
Cost/Sqft:
Beds: 6
Baths: 4
Year Built: 1874
Property Taxes: $4,910
Days On Market: 1898
Lot Size: 0,00
Map
Street View

Description

Excellent turnkey investment in up and coming Canaryville. Well maintained two flat. Features a 3 bedroom/2 bath 1495 square foot owners unit with master bath and in-unit washer/dryer and deck and one 2 bedroom/1 bath. Roof 2014, garage 2007, and A/C condensers 2014. Individual hvac and water heaters. Owner pays only water and insurance (no gas or electric). Long term tenants, great location, lots of new construction on this block. This is perfect for a family who wants $2k income or investor. Currently 6.9% cap rate with 8 year tenant who recently moved out (unit 2) paying under market rent, could easily be 8% cap rate.

Property Specifics

Multi-unit
1874
None
No
Cook
— / —
Lake Michigan
Public Sewer
10845676
20043300230000

Property History

DATE: EVENT: PRICE: SOURCE:
17 Mar, 2021 Sold $425,000 MRED MLS
12 Feb, 2021 Under contract $425,000 MRED MLS
Last price change $449,000 MRED MLS
3 Sep, 2020 Listed for sale $449,000 MRED MLS

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: 0
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: —
Basement: None
Basement Description: None

Other Specifics

2
25 X 123
Not in DB

Tax History

Year Property Taxes
2021 $4,910

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Listing Provided By

Dream Town Realty