222 N Kolin Avenue
Chicago, IL 60624

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $498,000
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About this home

Rae to find 4 unit brick building with very low expenses. Center entrance perfect for those who do not like stairs! All apartments are 2 bedrooms 1 bath: big bedrooms, large updated kitchens with some granite/quartz counter tops Each unit has Washer and dryer, separate forced air heating and central AC. Plenty of natural lights. Combination of hardwood floors nice laminate, brand new carpet in one unit. Upgraded kitchens and bathrooms.Extra wide interior staircase. Rear stained wood porch. Full high basement offers an additional storage. Very solid tenants. Some of them have been living there for 7+ years. Great investment opportunity!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1893
Exterior Building Type Brick
Parking None
Roof Type Rubber
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - West Garfield Park
Zoning Type MULTI
Corporate Limits Chicago
Directions Pulaski to Maypole (South of Lake street) West to Kolin, South to property
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Water Lake Michigan, Public
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Unfinished
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 4
Full Baths in Building Count 4
Total Rooms 16
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1400
Appliances And Features Stove, Washer, Dryer, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 4
Tenant Pays All, Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1400
Appliances And Features Stove, Refrigerator, Washer, Dryer, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 5/25
Rooms Total 4
Tenant Pays All, Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1400
Appliances And Features Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 4
Tenant Pays All, Electric, Gas, Heat
Floor Number 1
unit 4
Beds Total 2
Baths Total 1
Actual Rent 1400
Appliances And Features Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 4
Tenant Pays All, Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Deconversion N
Lot Dimensions 43.3X60
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 4 Flat
Number Of Units in Building 4
Property Type Two to Four Units

Financials

Electric Expense Source Actual
Financing Conventional
Gross Rental Income $54,996
Insurance Expense $2,487
Insurance Expense Source Actual
Janitor Expense $1,200
Net Oper Income $49,381
Rental Income 4733
Investment Profile Residential Income
Water Expense $1,928

Tax/Assessments/Liens

PIN 16104120250000
Special Assessments N
Taxes $2,751
Tax Exemptions None
Tax Year 2023
$498,000 Listing Price:
MLS # 12115724
Investment Profile Residential Income
Listing Market Time 59 days
Basement Full
Type Unit 4 Flat
Number of Units in Building 4
Parking None
List Date 07/20/2024
Year Built 1893
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