1947 W Grand Avenue
Chicago, IL 60622

Status: Sold
Multi Family
4 beds
0 baths
0 sq.ft
Listing Price: $585,000
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About this home

Recently renovated 2 unit building in West Town! Ditch the thought of a single-family home and supplement part of your mortgage with rental income! Renovations to list: New siding (2019), windows (2019), steel support beams (2020), new roof (2019), smart key locks, The decks, recently renovated both bathrooms and kitchens, central AC and furnace replaced (2021). The unfinished basement has 1 Samsung washer and 1 Samsung dryer installed (2022), extra storage, rear parking lot is big enough for 2 cars and a couple of motorcycles! Notable perks - the Damen green line near completion - a few blocks away at Grand and Lake! Located in the ADU program map - future profit potential after purchase with zoning permission. Owner is licensed IL Real Estate Managing Broker. Sold as-is. Value based on condition as seen.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1892
Parking Total 2
Exterior Building Type Vinyl Siding
Parking Features Parking Lot
Garage On-Site Yes
Parking Ownership N/A
Parking Space/s
Rehab Year 2021
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - West Town
Corporate Limits Chicago
Directions West on Grand from Ashland to Damen. 2 lots east of Damen on southeast corner of Damen and Grand.
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 Unfinished
Basement Full
Bedrooms Count 4
Bedrooms Possible 4
Baths Count 2
Full Baths in Building Count 2
Total Rooms 10
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator, Microwave, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 7/24
Rooms Total 5
Security Deposit 2100
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 2100
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Walk-In Closet
Full Baths Total 1
Lease Expiration Date 8/24
Rooms Total 5
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 2
Property / Lot Details
Lot Dimensions 25X125
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

ElectricExpense 660
Electric Expense Source Owner Projection
Financing Conventional
Fuel Expense $2,425
Fuel Expense Source Owner Projection
Investment Profile Residential Income
Water Expense $750

Tax/Assessments/Liens

PIN 17072250050000
Special Assessments N
Taxes $11,724
Tax Exemptions Homeowner
Tax Year 2022
$585,000 Listing Price:
MLS # 12048346
Investment Profile Residential Income
Listing Market Time 33 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Space/s
List Date 05/06/2024
Year Built 1892
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