2130 W Iowa Street
Chicago, IL 60622

Status: Sold
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $1,299,000

About this home

Charming and extensively renovated in 2014, this well maintained, owner-occupied four-flat is an incredibly solid building in a great UK Village location! Zoned RT4, this all-brick building on an oversized lot has been lovingly cared for and features many improvements by attentive, live-in owners. A mix of modern and vintage with four total units (two front/two rear), it boasts large indoor and outdoor spaces and a first-floor duplexed unit that could be an amazing owners' unit or a very marketable rental. All four units feature hardwood flooring, high ceilings, separate HVAC, individual water heater, well-sized bedrooms (each with its own closet or a hall walk-in closet and ample room for a queen bed and dresser), beautiful vintage doors, moldings and oversized windows (replaced in 2009) as well as modern baths and kitchens with cinnamon-stained maple cabinets, granite counters, and stainless appliances and built-in vintage hutches. The two rear units each have private decks and the building includes three car parking in back for potential extra income. The front two units each have additional updates with the top floor unit including two back-to-back full baths (one with tub and one with glass-door standing shower) and the first floor being a gorgeous, duplexed owners' unit with three bedrooms, two full baths, an additional family/dining room, large foyer, in unit laundry with a full-sized, front-loading washer/dryer and so much more! In addition, the duplexed, finished basement includes flood-control with overhead sewers, drain tile and sump pump and the entire building is protected by a front yard check valve. The unfinished part of the basement includes 200 Amp electric service, common coin-operated washer/dryer and utility sink, individual storage units, bike storage and more. A perfect income producing investment or comfortable live-in with additional rental income. All this in a serene area of walk-able tree-lined streets and just steps from all the shopping, dining and nightlife that UK Village/West Town has to offer!

Property details

Interior Features
Additional Rooms Foyer, Utility Room-1st Floor, Utility Room-Lower Level
Basement Description Partially Finished, Exterior Access, Storage Space
Bath Amenities Soaking Tub
Basement Partial, Walkout
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 6
Full Baths in Building Count 6
Total Rooms 18
Units
unit 1
Beds Total 3
Baths Total 2
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Hardwood Floors
Full Baths Total 2
Lease Expiration Date OWNER
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 2
Actual Rent 1700
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
Full Baths Total 2
Lease Expiration Date N/A
Rooms Total 4
Security Deposit 1600
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1825
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors, Walk-In Closet
Full Baths Total 1
Lease Expiration Date 08/25
Rooms Total 4
Security Deposit 2587
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 4
Beds Total 2
Baths Total 1
Actual Rent 1500
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors, Walk-In Closet
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 4
Security Deposit 1325
Tenant Pays Electric, Gas, Heat
Floor Number 2
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Additional Media Type 1 3D Tour
Additional Media URL 1 External link
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1916
Parking Total 3
Exterior Building Type Brick
Exterior Property Features Deck, Storms/Screens
Foundation Block, Brick/Mortar, Concrete Perimeter
Parking Features Unassigned, Off Alley
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Rehab Year 2014
Roof Type Rubber
MRD Virtual Tour None
Virtual Tour Date 07/22/2024 5:20 pm
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Sidewalks, Street Lights, Street Paved
Area Major CHI - West Town
Zoning Type MULTI
Corporate Limits Chicago
Directions Augusta to Leavitt, South to Iowa, East to 2130.
Equipment CO Detectors, Sump Pump, Multiple Water Heaters, Water Heater-Gas
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air, Sep Heating Systems - 2+, Indv Controls, Zoned
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township West Chicago
Property / Lot Details
Deconversion N
Lot Dimensions 28X125
Lot Description Sidewalks, Streetlights
Lot Size Oversized Chicago Lot
Ownership Fee Simple
Type Unit 4 Flat, 2 Story Unit/s
Number Of Units in Building 4
Property Type Two to Four Units

Financials

ElectricExpense 1000
Electric Expense Source Actual
Financing Conventional
Fuel Expense $733
Fuel Expense Source Actual
Gross Rental Income $59,100
Insurance Expense $2,400
Insurance Expense Source Actual
Net Oper Income $60,300
Other Addl Income Coin Laundry, Parking Space/s
Rental Income 59100
Investment Profile Residential Income
Water Expense $1,500

Tax/Assessments/Liens

PIN 17063220300000
Special Assessments N
Taxes $13,166
Tax Exemptions None
Tax Year 2023
$1,299,000 Listing Price:
MLS # 12117614
Investment Profile Residential Income
Listing Market Time 43 days
Basement Partial, Walkout
Type Unit 4 Flat, 2 Story Unit/s
Number of Units in Building 4
Parking Space/s
List Date 07/22/2024
Year Built 1916
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