1100 W Wolfram Street
Chicago, IL 60657

Status: Active
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $1,075,000

About this home

Welcome to 1100 West Wolfram Street in the heart of Lakeview! This unique property presents an incredible opportunity for savvy investors or those seeking a multi-unit home with income potential. Located on a corner lot at the intersection of Seminary and Wolfram, this property offers a prime location and endless possibilities. The front building features two units: a vacant, versatile space on the ground level and a spacious 3-bedroom, 1-bathroom unit on the second floor, currently leased for $2, 350/month. Meanwhile, the rear coach house consists of two units as well. The first floor hosts a comfortable 2-bedroom, 1-bathroom unit rented for $1, 900 per month, while the second floor offers another 2-bedroom, 1-bathroom unit currently leased for $2, 295. Both the front and rear buildings boast unfinished basements with the potential for duplexing units, allowing for further expansion and income generation. Notably, this is the first time this property has been on the market since 1987, making it a truly rare find. Conveniently located within walking distance to the Diversey Brown and Purple Lines, this property offers easy access to public transportation, connecting you to all that Chicago has to offer.

Property details

Property / Lot Details
Acreage 0.07
Deconversion N
Lot Dimensions 24X124.50
Lot Description Corner Lot
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House A-Frame
Type Unit 2 Flat, Coach House
Number Of Units in Building 4
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1894
Exterior Building Type Vinyl Siding, Brick
Exterior Property Features Deck
Foundation Brick/Mortar, Stone
Parking None
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Sidewalks, Street Lights
Area Major CHI - Lake View
Zoning Type MULTI
Corporate Limits Chicago
Directions Located on the corner of Seminary and Wolfram
Elementary School Harriet Tubman Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Lincoln Park High School
High Sch Dist 299
Sewer Public Sewer, Sewer-Storm
Water Lake Michigan, Public
Jr High/Middle School Harriet Tubman Elementary School
Jr High/Middle Dist 299
Township Lake View
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 4
Full Baths in Building Count 4
Total Rooms 20
Units
unit 1
Baths Total 1
Appliances And Features Stove, Washer, Dryer, Dishwasher
Full Baths Total 1
Lease Expiration Date VAC
Rooms Total 2
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 2350
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Range Hood
Full Baths Total 1
Lease Expiration Date 07/25
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1900
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Range Hood
Full Baths Total 1
Lease Expiration Date 07/25
Rooms Total 4
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 4
Beds Total 2
Baths Total 1
Actual Rent 2295
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Range Hood
Full Baths Total 1
Lease Expiration Date 06/25
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 2

Financials

Other Expenses 2 96
Janitor Expense $165
ManagerExpense 4000
Manager Expense Source AC
Other Expense Source Actual
MaintenanceExpense 3108
Rental Income 76,200
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 14292230440000
Special Assessments N
Taxes $15,424
Tax Year 2022
$1,075,000 Listing Price:
MLS # 12037491
Investment Profile Residential Income
Listing Market Time 32 days
Basement Full
Type Unit 2 Flat, Coach House
Number of Units in Building 4
Parking None
List Date 05/16/2024
Year Built 1894
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