1540 N Paulina Street
Chicago, IL 60622

Status: Sold
Multi Family
5 beds
0 baths
0 sq.ft
Listing Price: $639,000
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About this home

Nestled in the vibrant neighborhood of Wicker Park, this 2-flat property represents an exceptional investment opportunity for investors and home owners. The building is currently vacant giving the new owner flexibility in putting in there own tenants or doing any cosmetic work they might seem fit to increase rents. While the units are move-in ready, there exists an exceptional opportunity for small-scale upgrades or modernization, allowing investors to command higher rental rates. Whether you're an investor seeking a lucrative rental income or a homeowner looking for a convenient urban dwelling, this property offers endless possibilities. All Units have HVAC.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 51-60 Years
3 Bedroom Unit in Building Yes
Parking Total 2
Exterior Building Type Brick
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Rehab Year 2005
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - West Town
Corporate Limits Chicago
Directions West of Ashland, South of North Ave, East of Wood St, On the corner of Paulina and North Ave.
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 None
Basement Bathrooms No
Basement None
Bedrooms Count 5
Bedrooms Possible 5
Baths Count 2
Full Baths in Building Count 2
Total Rooms 8
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 2200
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner
Full Baths Total 1
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 2200
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner
Full Baths Total 1
Rooms Total 5
Tenant Pays Electric,Gas
Floor Number 2
Property / Lot Details
Lot Dimensions 25X100
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 17062030330000
Special Assessments N
Taxes $16,087
Tax Year 2021
$639,000 Listing Price:
MLS # 11915478
Investment Profile Residential Income
Listing Market Time 178 days
Basement None
Type Unit 2 Flat
Number of Units in Building 2
Parking Space/s
List Date 10/24/2023
Year Built
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