2010 W Webster Avenue
Chicago, IL 60647

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $1,179,900
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About this home

ALL BRICK, LEGAL 4 UNIT, 2 BUILDING PROPERTY ON WEBSTER AVE IN BUCKTOWN. 105K IN ANNUAL RENTS (GRM 11.2), 80, 572 NOI (6.83 CAP RATE). NEXT LEASE RENEWAL 5/1/2025. THE BUILDING IS COMPRISED OF TWO - 2 BEDROOM/1 BATH UNITS IN THE FRONT BUILDING, ONE 1 BED + DEN AND 2 BEDROOM + DEN / 2 BATH DUPLEX UP UNIT IN THE REAR BUILDING. NEW ROOF (2024), NEW ELECTRICAL SERVICE (2024), TUCKPOINTING (2024). UNITS 1R/2R REHABBED IN 2018/2019 (BOTH WITH IN UNIT LAUNDRY). FRONT BUILDING BASEMENT HAS DEDICATED TENANT STORAGE AND COIN LAUNDRY. ALL UNITS WITH GAS FORCED/CENTRAL AIR. VALUE ADD IN DUPLEXING UNIT 2F UP INTO ATTIC. B3-2 ZONING. DON'T MISS THIS ONE!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Exterior Building Type Brick
Exterior Property Features Porch Screened
Parking None
Rehab Year 2015
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Logan Square
Zoning Type MULTI
Corporate Limits Chicago
Directions DAMEN TO WEBSTER TO WEST TO 2010
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township North Chicago
Interior Features
Basement Description Cellar
Basement Partial
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 4
Full Baths in Building Count 4
Total Rooms 24
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 2000
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 04/25
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 2100
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 8/25
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 2
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1950
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Disposal, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 5/25
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 1
unit 4
Beds Total 2
Baths Total 2
Actual Rent 2700
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Disposal, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors, Skylights/Windows, Walk-In Closet
Full Baths Total 2
Lease Expiration Date 6/25
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 2
Property / Lot Details
Lot Dimensions 24 X 109
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House Traditional
Type Unit 2 Flat
Number Of Units in Building 4
Property Type Two to Four Units

Financials

ElectricExpense 468
Electric Expense Source Actual
Financing Conventional
Fuel Expense $421
Fuel Expense Source Actual
Gross Rental Income $105,000
Insurance Expense $3,282
Insurance Expense Source Actual
Net Oper Income $80,572
Other Addl Income Coin Laundry
Rental Income 106500
Investment Profile Residential Income
Water Expense $1,128

Tax/Assessments/Liens

PIN 14311170290000
Special Assessments N
Taxes $20,629
Tax Exemptions None
Tax Year 2023
$1,179,900 Listing Price:
MLS # 12130572
Investment Profile Residential Income
Listing Market Time 56 days
Basement Partial
Type Unit 2 Flat
Number of Units in Building 4
Parking None
List Date 08/05/2024
Year Built
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