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2222 W Belden Avenue

Chicago, IL 60647
  • $1,025,000
  • STATUS: Active
  • ON SITE: 13 Days
  • MLS #: 11399105
UPDATED: 29 min ago
$1,025,000
  • 7
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1899
County:

School Ratings & Info

School District:
299

Description

Rarely available, Turn-Key Investment Opportunity in an A+ Bucktown location. The subject property is a completely renovated 3 flat featuring a Duplex-Down and two simplex apartments, as well as 3 tandem parking spots. Unit types consist of one(1) 4Bedroom/2Bath, one(1) 2Bedroom/2Bath and one(1) 1 Bedroom/1Bath. All units receive great natural light as the front of building has full southern exposure. Additional unit features are hardwood floors, central air/heat, individual washer/dryers, updated kitchens and bathrooms. The subject property is an all brick building ideally located on a quiet tree-lined street in Bucktown walking distance from Holstein Park (a 3.25 acre park in the heart of Bucktown) as well as many shopping, dining, entertainment locations on Damen Avenue. Additionally, the Western Blue Line and The 606 are within walking distance and Interstate 90/94 is only a few minutes away. This offering provides a new operator the opportunity to acquire a well performing asset with in place tenants that is fully collected on rent. Additional opportunity to increase market rents and charge for parking.

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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 2022-05-24T15:01:47.73 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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2222 W Belden Avenue Chicago, IL 60647

  • Price: $1,025,000
  • Status: Active
  • On Site: 13 Days
  • Updated: 29 min ago
  • MLS #: 11399105
7
Beds
0
Baths
0
½ Baths
N/A
Acres
1899
Built
Neighborhood:
Bucktown
County:
Cook
Area:
Chi - Logan Square
School District:
299
Property Description
Rarely available, Turn-Key Investment Opportunity in an A+ Bucktown location. The subject property is a completely renovated 3 flat featuring a Duplex-Down and two simplex apartments, as well as 3 tandem parking spots. Unit types consist of one(1) 4Bedroom/2Bath, one(1) 2Bedroom/2Bath and one(1) 1 Bedroom/1Bath. All units receive great natural light as the front of building has full southern exposure. Additional unit features are hardwood floors, central air/heat, individual washer/dryers, updated kitchens and bathrooms. The subject property is an all brick building ideally located on a quiet tree-lined street in Bucktown walking distance from Holstein Park (a 3.25 acre park in the heart of Bucktown) as well as many shopping, dining, entertainment locations on Damen Avenue. Additionally, the Western Blue Line and The 606 are within walking distance and Interstate 90/94 is only a few minutes away. This offering provides a new operator the opportunity to acquire a well performing asset with in place tenants that is fully collected on rent. Additional opportunity to increase market rents and charge for parking.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Lot Size Less Than .25 Acre Multi Family Type 3 Flat Parking Details Space/S Parking Features Off Street Parking Onsite Yes Parking Ownership Owned Parking Total 3 Roof Asphalt Waterfront YN No

Interior Features

Basement Partially Finished Basement Details FullWalkout Bedrooms Below Grade 0 Bedrooms Total 7 Full Baths In Building 5 Half Baths In Building 0 Heating Space Heater Rooms Total 11

Property Features

Age 100+ Years Built Before1978 YN Yes Corporate Limits Chicago General Information None Gross Income 80400 Mls Actual Status Active Net Operating Income 54828 New Construction YN No Other Equipment Ceiling Fan(S) Ownership Fee Simple Rebuilt YN No Rehab Year 2011 Sewer Sewer-Storm Special Listing Conditions List Broker Must Accompany Tax Annual Amount 12305.09 Tax Year 2020 Total Numberof Unitsin Building 3 Total Rental Income 80400 Township West Chicago Type Two To Four Units Water Source Lake Michigan Zoning Multi

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Peak Realty Chicago.


© 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 2022-05-24T15:01:47.73 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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