1441 N Bell Avenue
Chicago, IL 60622

Status: Sold
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $850,000
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About this home

Prime Wicker Park/Bucktown location, handsome red brick & limestone legal 3 flat with unfinished basement (potential ADU). Three stories, all apartments above grade. Value add opportunity. Fully leased building (Total Annual Rent $78, 480) has generous sized full floor apartments: 1st floor duplex down with 3 beds, 2 full baths; 2nd floor apt has 2 beds + den, 1 bath); 3rd floor apt has 2 beds, 1 full bath; all with amazing ceiling height, hard wood floors, separate living & dining rooms, large kitchens with dishwashers, updated baths. Enclosed rear porches. Gas forced air, central a/c, coin-op washer/dryer & storage in basement. 1441 N. Bell is west of Damen, east of Western Ave, one block south of North Ave, CTA Blue Line station 2 blocks away. It is on a standard 25' x 125' lot. 200 amp electric with 4 meters. Sold as is. Proof of funds required.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1897
Parking Total 2
Exterior Building Type Brick
Exterior Property Features Porch, Storms/Screens
Foundation Brick/Mortar
Parking Features Off Alley, Alley Access
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Roof Type Asphalt ,Flat
MRD Virtual Tour None
Virtual Tour Date 07/17/2024 1:19 am
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park, Curbs, Sidewalks, Street Lights, Street Paved
Area Major CHI - West Town
Zoning Type MULTI
Corporate Limits Chicago
Directions North Ave to Leavitt St, south to Hirsch St, west to Bell, north to 1441.
Equipment CO Detectors, Ceiling Fan(s), Multiple Water Heaters
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Partially Finished
Basement Full ,Walkout
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 4
Full Baths in Building Count 4
Total Rooms 16
Units
unit 1
Beds Total 3
Baths Total 2
Actual Rent 2250
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
Full Baths Total 2
Lease Expiration Date MONTH
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number 1
Square Feet 1700
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1995
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 05/25
Rooms Total 6
Security Deposit 1000
Tenant Pays Electric, Gas, Heat
Floor Number 2
Square Feet 1200
unit 3
Beds Total 2
Baths Total 1
Actual Rent 2295
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 05/26
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 3
Square Feet 1200
Property / Lot Details
Lot Dimensions 3125
Lot Description Common Grounds
Lot Size Standard Chicago Lot
Ownership Fee Simple
Style of House Victorian
Type Unit 3 Flat,4 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

ElectricExpense 748
Electric Expense Source Actual
Financing Cash
Gross Rental Income $78,480
Insurance Expense $2,246
Insurance Expense Source Actual
Net Oper Income $56,284
Other Addl Income Parking Space/s
MaintenanceExpense 1360
Rental Income 6540
Investment Profile Residential Income
Water Expense $1,201

Tax/Assessments/Liens

PIN 17061110080000
Special Assessments N
Taxes $15,291
Tax Exemptions None
Tax Year 2023
$850,000 Listing Price:
MLS # 12086150
Investment Profile Residential Income
Listing Market Time 37 days
Basement Full ,Walkout
Type Unit 3 Flat,4 Flat
Number of Units in Building 3
Parking Space/s
List Date 07/16/2024
Year Built 1897
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