2229 N HARLEM Avenue
Chicago, IL 60707

Status: Sold
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $699,900

About this home

INCREDIBLE OPPORTUNITY TO OWN A TURNKEY INVESTMENT PROPERTY. LEGAL 4 UNIT BUILDING, ALL UNITS HAVE BEEN FULLY REMODELED WITH UPGRADED KITCHENS, APPLIANCES, FIXTURES, AND BATHROOMS. THE LARGE FIRST FLOOR UNIT IS THE FULL FLOOR, AND PERFECT FOR A OWNER-OCCUPANT. THERE HAVE BEEN UPDATES TO THE ROOF, GUTTERS, AND NEW CONCRETE FOR THE FRONT OUTOOR ENTRY STAIRS. THE BUILDING HAS BOILER HEAT AND IS SEPARATELY METERED FOR TENANTS TO PAY THE COOKING GAS AND ELECTRIC. COIN LAUNDRY IN THE BASEMENT IS LEASED. GREAT LOCATION WITHIN WALKING DISTANCE TO THE METRA AND PLENTY OF SHOPS AND RESTAURANTS!

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 71-80 Years
3 Bedroom Unit in Building No
Approx Year Built 1945
Exterior Building Type Brick
Foundation Concrete Perimeter
Parking None
Rehab Year 2019
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Austin
Zoning Type MULTI
Corporate Limits Chicago
Directions HARLEM AVE, SOUTH OF GRAND AVE, EAST SIDE OF THE STREET.
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Radiator(s)
High Sch Dist 299
Sewer Sewer-Storm
Water Lake Michigan
Jr High/Middle Dist 299
Township Jefferson
Interior Features
Basement Description Partially Finished
Basement Full
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 4
Full Baths in Building Count 4
Total Rooms 19
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1870
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 8/24
Rooms Total 6
Tenant Pays Electric
Floor Number 1
unit 2
Beds Total 1
Baths Total 1
Actual Rent 1295
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 6/24
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 2
unit 3
Beds Total 1
Baths Total 1
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Hardwood Floors
Full Baths Total 1
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 2
unit 4
Beds Total 2
Baths Total 1
Actual Rent 1350
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave
Full Baths Total 1
Lease Expiration Date 7/24
Rooms Total 5
Tenant Pays Electric,Gas
Floor Number B
Property / Lot Details
Lot Dimensions 38.4X125
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

ElectricExpense 500
Financing Conventional
Insurance Expense $2,500
Other Addl Income Coin Laundry
Investment Profile Residential Income
Water Expense $1,800

Tax/Assessments/Liens

PIN 13311120170000
Special Assessments N
Taxes $5,557
Tax Exemptions None
Tax Year 2022
$699,900 Listing Price:
MLS # 11921808
Investment Profile Residential Income
Listing Market Time 49 days
Basement Full
Type Unit 4 Flat
Number of Units in Building 4
Parking None
List Date 11/01/2023
Year Built 1945
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