1222 W FLETCHER Street
Chicago, IL 60657

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $1,150,000

About this home

Amazing! Turnkey Legal 4 Unit in Prime Lakeview! Solid 2 building Property with Upside Potential - Extremely well maintained with great tenants. Large layouts and Room for Higher Rents with minimal cosmetic changes. All units have Central HVAC and separate water heaters. Tenants have access to the best of Lakeview dining and nightlife with close access to Belmont CTA stop. Solid 1031 exchange option - Both Front Building and Coach House feature rare Duplex-up units! Great option for Future Owner Occupier. Large Brick paver patio is a hit with tenants. You will be impressed!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1888
Parking and Garage Spaces 0
Exterior Building Type Vinyl Siding
Foundation Concrete Perimeter
Parking None
Rehab Year 2020
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 Racine South to Fletcher West
Equipment CO Detectors, Ceiling Fan(s)
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air, Sep Heating Systems - 2+
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Lake View
Waterfront 0
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Bedrooms (Below Grade) 0
Baths Count 6
Full Baths in Building Count 6
Half Baths in Building Count 0
Total Rooms 18
Units
unit 1
Appliances/Features Unit 1 Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner
Beds Total 2
Number Full Baths-Unit 1 1
Baths Total 1
Lease Exp Date (Mo/Yr) - Unit 1 06/22
Number Of Rooms - Unit 1 4
Actual Rent 1895
Sec Deposit $ - Unit 1 0
Tenant Pays - Unit 1 Electric, Gas, Heat
Floor Number - Unit 1 1
Number Half Baths-Unit 1 0
unit 2
Beds Total 3
Baths Total 2
Actual Rent 2730
Appliances/Features Unit 2 Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner
Number Full Baths-Unit 2 2
Lease Exp Date (Mo/Yr) - Unit 2 04/22
Number Of Rooms - Unit 2 6
Sec Deposit $ - Unit 2 0
Tenant Pays - Unit 2 Electric, Gas, Heat
Floor Number - Unit 2 2
Number Half Baths-Unit 2 0
unit 3
Beds Total 1
Baths Total 1
Actual Rent 1150
Appliances/Features Unit 3 Stove, Refrigerator, Dishwasher
Number Full Baths-Unit 3 1
Lease Exp Date (Mo/Yr) - Unit 3 04/22
Number Of Rooms - Unit 3 3
Sec Deposit $ - Unit 3 0
Tenant Pays - Unit 3 Electric, Gas, Heat
Floor Number - Unit 3 1
Number Half Baths-Unit 3 0
unit 4
Beds Total 2
Baths Total 2
Actual Rent 2250
Appliances/Features Unit 4 Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Walk-In Closet
Tenant Pays - Unit 4 Electric, Gas, Heat
Number Full Baths-Unit 4 2
Lease Exp Date (Mo/Yr) - Unit 4 06/22
Number Of Rooms - Unit 4 5
Sec Deposit $ - Unit 4 0
Floor Number - Unit 4 2
Number Half Baths-Unit 4 0
Property / Lot Details
Lot Dimensions 25 X 125
Lot Description Fenced Yard
Lot Size Standard Chicago Lot
NewConstructionYN 0
Ownership Fee Simple
Property Type Two to Four Units
Style of House Victorian
Type Unit 4 Flat, 2 Story Unit/s, Coach House
Number Of Units in Building 4

Financials

Financing Conventional
Fuel Expense 0
Fuel Expense Source Actual
Other Expenses 2 1150
Gross Rental Income $96,300
Insurance Expense $2,050
Insurance Expense Source Actual
Net Oper Income $74,334
Other Expense Source Actual
Investment Profile Residential Income
MaintenanceExpense 400
Rental Income 8025
Scavenger Expense 0
Water Expense $1,600

Tax/Assessments/Liens

PIN 14291030190000
Special Assessments N
Taxes $16,766
Tax Exemptions None
Tax Year 2019
$1,150,000 Listing Price:
MLS # 11160751
Investment Profile Residential Income
Listing Market Time 66 days
Basement Full
Type Unit 4 Flat, 2 Story Unit/s, Coach House
Number of Units in Building 4
Parking None
List Date 07/19/2021
Year Built 1888
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Price history
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