1655 N Artesian Avenue
Chicago, IL 60647

Status: Sold
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $765,000
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About this home

Incredible investment just steps from the "606" Park Trail. Legal 3-unit building with additional Two Bed/One Bath Garden Unit. Impeccably maintained by current owner with numerous updates to the property over the last 10 years. New roof 2013 and under warranty, Updated Rear Deck, updated kitchens and appliances. Value-add opportunity for rental increase and surrounded by new construction. Each unit has separate utilities and water heaters. All units have gas heating with individual newer furnaces. There are oak wood flrs under carpet on 1st fl. 3rd fl unit has gas-forced central air. Common area washer/dryer in basement. 2-Car Garage and only 1 space leased to 2nd floor tenants. Walking distance to Blue Line and tons of restaurants, nightlife and shopping in the area.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Parking Total 2
Exterior Building Type Aluminum Siding, Vinyl Siding, Steel Siding
Exterior Property Features Deck, Stamped Concrete Patio, Storms/Screens, Cable Access, Breezeway
Foundation Stone
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Roof Type Asphalt
MRD Virtual Tour None
Virtual Tour Date 08/08/2024 9:54 pm
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park, Curbs, Gated, Sidewalks, Street Lights, Street Paved
Area Major CHI - West Town
Zoning Type MULTI
Corporate Limits Chicago
Directions NORTH AVE TO ARTESIAN NORTH TO PROPERTY
Equipment CO Detectors, Ceiling Fan(s), Multiple Water Heaters, Water Heater-Gas
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township North Chicago
Interior Features
Basement Description Partially Finished
Basement Full
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 4
Full Baths in Building Count 4
Total Rooms 19
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1700
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Window Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 09/24
Rooms Total 5
Tenant Pays Electric,Gas
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1800
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Window Air Conditioner, Garage/Space
Full Baths Total 1
Lease Expiration Date 03/25
Rooms Total 5
Tenant Pays Electric, Gas, Parking
Floor Number 2
unit 3
Beds Total 1
Baths Total 1
Actual Rent 1300
Appliances And Features Stove, Refrigerator, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 09/24
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 3
Property / Lot Details
Lot Dimensions 24X125
Lot Description Fenced Yard
Lot Size Source Survey
Lot Size Less Than .25 Acre
Other Structures Garage(s)
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing Conventional
Gross Rental Income $66,000
Insurance Expense $3,872
Insurance Expense Source Actual
Investment Profile Residential Income
Water Expense $1,800

Tax/Assessments/Liens

PIN 13364320020000
Special Assessments N
Taxes $11,764
Tax Exemptions None
Tax Year 2023
$765,000 Listing Price:
MLS # 12133447
Investment Profile Residential Income
Listing Market Time 71 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 08/08/2024
Year Built
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