538 Leavitt Street, West Town, Chicago, Illinois 60612
$830,000
|
Sold
|
|
| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 5 |
| Baths: | 0 |
| Year Built: | 1886 |
| Property Taxes: | $10,496 |
| Days On Market: | 1461 |
| Lot Size: | 0,00 |
Description
This is the needle in the haystack opportunity you have been waiting for! This incredible West Town two flat with owner's unit checks every box and more with extensive interior and exterior upgrades and brand new designer finishes throughout! Current owners live on the upper level 2-bed, 1-bath plus den and AirBnB the main level 2-bed, 1-bath plus den from July-Jan grossing $24K! The list of exterior upgrades and updates never ends, with highlights including: new custom designer European tilt windows in 2020, new roof layer in 2020 with 10-year warranty, full exterior tuck pointing in 2021, brand new siding including garage, rebuilt decks in 2021, and so much more (ask for a full list!). Plus, both units include a sizable back deck for grilling and hanging out! Inside you will be wow'ed by the recently updated owner's unit featuring a brand new kitchen, bathroom with floating vanity and new office addition. The exposed brick walls, hardwood floors, shiplap accents and designer lighting are all icing on the cake! Also enjoy the added bonus of 2 new hot water heaters and new HVAC. Downstairs, renters will love all of the thoughtful new finishes including the new kitchen with white shaker-style cabinets, white subway tile backsplash and new Whirlpool appliances; new office addition; and new bathroom with designer tile. The remodeled 1-bed, 1-bath basement is another added bonus with the potential to collect additional rent - everyone will love the 2 large living spaces! All of that in an amazing West Town location close to Mariano's, Chicago Ave. shops and restaurants, Smith Park and Mitchell Elementary School. 2-car detached garage included. Current cap rate of 6.6% and potential to be even stronger!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1886 | |
| — | |
| — | |
| No | |
| — |
| Cook | |
| — | |
| — / — | |
| — | |
| — | |
| — | |
| 11311788 | |
| 17071190030000 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Mitchell Elementary School |
299 | — | |
|
Middle School
Mitchell Elementary School |
299 | Not in DB | |
|
High School
Wells Community Academy Senior H |
299 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 18 Jul, 2019 | Sold | $561,000 | MRED MLS |
| 4 Jun, 2019 | Under contract | $595,000 | MRED MLS |
| 15 May, 2019 | Listed for sale | $595,000 | MRED MLS |
| 25 Mar, 2022 | Sold | $830,000 | MRED MLS |
| 13 Feb, 2022 | Under contract | $849,000 | MRED MLS |
| — | Last price change | $859,000 | MRED MLS |
| 2 Feb, 2022 | Listed for sale | $859,000 | MRED MLS |
Room Specifics
Total Bedrooms: 5
Bedrooms Above Ground: 5
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: —
Rooms: —
Basement Description: Finished,Exterior Access
Other Specifics
| 2 | |
| — | |
| — | |
| — | |
| — | |
| 25X106.6 | |
| — | |
| — | |
| — | |
| — | |
| Not in DB | |
| — | |
| — | |
| — | |
| — |
Tax History
| Year | Property Taxes |
|---|---|
| 2019 | $8,814 |
| 2022 | $10,496 |
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