1029 W Wolfram Street
Chicago, IL 60657

Status: Sold
Multi Family
10 beds
0 baths
0 sq.ft
Listing Price: $1,099,000

About this home

This is a versatile, turnkey 3-flat investment property located on the best block in South Lake View with $100K+ rental income. Recently renovated unit mix includes a duplex down (5/2), a 3 bed/1 bath simplex, and a 2 bed/1 penthouse. Summer leases, spacious floor plans, separate utilities, strong tenant mix, in-building laundry, beautiful hardwood built-ins, a half block from the brown/purple line, ample outdoor parking, and Lincoln Park High School. Property is a perfect fit for an owner/occupant, value-add investor, or just collect $100K+ in rent. A fantastic investment property on a wonderful block walkable to all that Lake View has to offer.

Property details

Interior Features
Additional Rooms Utility Room-Lower Level
Basement Description Finished, Exterior Access
Basement Full
Bedrooms Count 10
Bedrooms Possible 10
Baths Count 4
Full Baths in Building Count 4
Total Rooms 21
Units
unit 1
Beds Total 5
Baths Total 2
Actual Rent 4000
Appliances And Features Stove, Refrigerator, Dishwasher, Central Air Conditioner, Fireplace-Gas, Hardwood Floors
Full Baths Total 2
Lease Expiration Date 06/24
Rooms Total 10
Security Deposit ASK
Tenant Pays Electric
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 2500
Appliances And Features Stove, Refrigerator, Dishwasher, Central Air Conditioner, Fireplace-Gas, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 06/24
Rooms Total 6
Security Deposit ASK
Tenant Pays Electric
Floor Number 2
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1900
Appliances And Features Stove, Refrigerator, Dishwasher, Central Air Conditioner, Fireplace-Gas, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 06/24
Rooms Total 5
Security Deposit ASK
Tenant Pays Electric
Floor Number 2
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age Unknown
3 Bedroom Unit in Building Yes
Parking Total 4
Exterior Building Type Aluminum Siding, Vinyl Siding, Steel Siding
Exterior Property Features Porch, Brick Paver Patio
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Lake View
Zoning Type MULTI
Corporate Limits Chicago
Directions NORTH ON SHEFFIELD TO WOLFRAM, GO WEST TO THE PROPERTY
Equipment CO Detectors, Ceiling Fan(s)
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Lincoln Park High School
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township Lake View
Property / Lot Details
Lot Dimensions 25X125
Lot Size Standard Chicago Lot
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing Conventional
Other Addl Income Coin Laundry
Rental Income 100800
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 14292280110000
Special Assessments N
Taxes $18,264
Tax Exemptions Homeowner
Tax Year 2022
$1,099,000 Listing Price:
MLS # 11966167
Investment Profile Residential Income
Listing Market Time 45 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Space/s
List Date 01/23/2024
Year Built
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