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
Units
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
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
Request Info
Price history
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