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1952 W 22nd Place

Chicago, IL 60608
  • $825,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 11392536
UPDATED: 75 min ago
$825,000
  • 7
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1898
County:

School Ratings & Info

School District:
299

Description

HOT Pilsen area! This recently rehabbed 5 unit building located on a quiet, tree-lined street is perfect for an owner-occupant or ideal investor. All 5 units are turn-key and have either been fully or partially rehabbed in 2017-18. The front building has a massive 3 bed unit with loads of character and long term tenants where rents can be increased. There is a nice studio basement apartment, generating an additional $950/month rent, with a designated washer and dryer for that building. The rear coach house has 3 additional apartments and coin operated laundry for this building. Three units are longer term tenants and 2 units are recently occupied. Apartments generate $6650 a month but can definitely increase rents as you turn over. Both buildings have a new roof. Easy street parking. Low operating expenses and taxes make this an ideal investment property. A+ location- close proximity to Pink Line and multiple bus stops as well as tons of shops and restaurants! Amazing opportunity to get in to the hot and upcoming Pilsen neighborhood!

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2022-05-22T07:57:58.277 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1952 W 22nd Place Chicago, IL 60608

  • Price: $825,000
  • Status: Active
  • On Site: 18 Days
  • Updated: 75 min ago
  • MLS #: 11392536
7
Beds
0
Baths
0
½ Baths
N/A
Acres
1898
Built
Neighborhood:
Pilsen
County:
Cook
Area:
Chi - Lower West Side
School District:
299
Property Description
HOT Pilsen area! This recently rehabbed 5 unit building located on a quiet, tree-lined street is perfect for an owner-occupant or ideal investor. All 5 units are turn-key and have either been fully or partially rehabbed in 2017-18. The front building has a massive 3 bed unit with loads of character and long term tenants where rents can be increased. There is a nice studio basement apartment, generating an additional $950/month rent, with a designated washer and dryer for that building. The rear coach house has 3 additional apartments and coin operated laundry for this building. Three units are longer term tenants and 2 units are recently occupied. Apartments generate $6650 a month but can definitely increase rents as you turn over. Both buildings have a new roof. Easy street parking. Low operating expenses and taxes make this an ideal investment property. A+ location- close proximity to Pink Line and multiple bus stops as well as tons of shops and restaurants! Amazing opportunity to get in to the hot and upcoming Pilsen neighborhood!
Exterior Features

Exterior Building Type Brick Lot Size Less Than .25 Acre Multi Family Type Coach House Parking Details None Waterfront YN No

Interior Features

Basement Finished Basement Details Full Bedrooms Below Grade 0 Bedrooms Total 7 Full Baths In Building 5 Half Baths In Building 0 Heating Natural Gas Rooms Total 12

Property Features

Age 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information None Gross Income 80400 Insurance Expense 3000 Mls Actual Status Active Net Operating Income 69000 New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2017 Sewer Public Sewer Special Listing Conditions List Broker Must Accompany Tax Annual Amount 6487.84 Tax Year 2020 Total Numberof Unitsin Building 4 Township West Chicago Type Two To Four Units Water Source Public

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Compass.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or John Lyons Real Estate | Baird & Warner. Based on information submitted to the MRED as of 2022-05-22T07:57:58.277 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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