1630 W Warren Boulevard
Chicago, IL 60612

Status: Active
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $1,949,000

About this home

Schedule a tour today, of this professionally managed, cashflow heavy asset, just blocks from Chicago's West Loop and make this the the perfect addition to your portfolio. Constructed by Trapani Builders, the property consists of (2) duplex's, on an over sized lot, and a wide 3 car garage. Each duplex consists of 5 bedrooms and 3.5 baths. Kitchens offer custom cabinetry, quartz islands, a separate wet bar/ beverage cooler, and an open layout. Separate living rooms are open, with a dining table area. The bathrooms consist of walk in showers, soaking tubs, Kohler fixtures, steam showers, and double vanities. Both units offer a large private deck. Grossed a whopping $225, 000 in 2022 as Air-B&B. (License and management Transferable upon sale)

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1892
Parking Total 3
Exterior Building Type Stone
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 3
Parking Garage
Rehab Year 2019
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Near West Side
Zoning Type MULTI
Corporate Limits Chicago
Directions Ashland to Madison, west to Paulina, north to Warren.
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Finished
Basement Full
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 8
Full Baths in Building Count 6
Half Baths in Building Count 2
Total Rooms 27
Units
unit 1
Beds Total 4
Baths Total 4
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Fireplace-Gas, Garage/Space, Range Hood, Hardwood Floors, Skylights/Windows, Walk-In Closet, Oven/Built-in
Full Baths Total 3
Half Baths Total 1
Rooms Total 10
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 5
Baths Total 4
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Fireplace-Gas, Garage/Space, Range Hood, Hardwood Floors, Skylights/Windows, Walk-In Closet, Cooktop, Oven/Built-in
Full Baths Total 3
Half Baths Total 1
Rooms Total 14
Tenant Pays Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 30X125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit Other
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Gross Rental Income $222,169
Net Oper Income $180,125
MaintenanceExpense 4745
Rental Income 222169
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 17074300300000
Special Assessments N
Taxes $11,980
Tax Year 2022
$1,949,000 Listing Price:
MLS # 11996538
Investment Profile Residential Income
Listing Market Time 55 days
Basement Full
Type Unit Other
Number of Units in Building 2
Parking Garage
List Date 03/05/2024
Year Built 1892
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