2242 N Narragansett Avenue
Chicago, IL 60639

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $619,900
Gallery single image view Gallery grid view Street view Map view

About this home

Stunning 2-unit + garden just two blocks from the Galewood Metra stop, Riis Park, and endless shopping & dining. Perfect for investor or owner occupants, this 1970-built building was recently renovated with condo-quality apartments including: New kitchens & baths, stainless steel appliances, spacious bedrooms, hardwood floors, newer windows, new roof, updated plumbing & electric, and more! Individual boilers and hot water tanks for each unit along with coin laundry and two-car garage. Clean, well maintained, and easy to manage. Tour with confidence today!

Property details

Interior Features
Additional Rooms Utility Room-Lower Level
Basement Description Finished, Exterior Access
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 3
Full Baths in Building Count 3
Total Rooms 15
Units
unit 1
Beds Total 3
Baths Total 1
Actual Rent 1900
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 11/24
Rooms Total 5
Security Deposit 1900
Tenant Pays Electric, Gas, Heat
Floor Number 1
Square Feet 1150
unit 2
Beds Total 3
Baths Total 1
Actual Rent 2100
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Garage/Space, Hardwood Floors
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Security Deposit 2100
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 2
Square Feet 1150
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 51-60 Years
3 Bedroom Unit in Building Yes
Approx Year Built 1970
Parking Total 2
Exterior Building Type Brick
Exterior Property Features Porch, Storms/Screens
Foundation Concrete Perimeter
Garage Details Garage Door Opener(s), Transmitter(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2022
Roof Type Asphalt
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Belmont Cragin
Zoning Type MULTI
Corporate Limits Chicago
Directions Fullerton to Narragansett, S to 2242
Elementary School Burbank Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Steam, Baseboard, Indv Controls
High Sch Steinmetz Academic Centre Senior
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Jefferson
Property / Lot Details
Lot Dimensions 30X125
Lot Description Fenced Yard
Lot Size Standard Chicago Lot
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Electric Expense Source Actual
Financing Conventional
Fuel Expense $480
Fuel Expense Source Actual
Other Expenses 2 1200
Gross Rental Income $66,600
Insurance Expense $2,000
Insurance Expense Source Actual
Net Oper Income $52,829
Other Expense Source Broker Projection
MaintenanceExpense 1500
Rental Income 66600
Investment Profile Residential Income
Water Expense $1,800

Tax/Assessments/Liens

PIN 13312090250000
Special Assessments N
Taxes $6,791
Tax Exemptions None
Tax Year 2022
$619,900 Listing Price:
MLS # 11998180
Investment Profile Residential Income
Listing Market Time 74 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Garage
List Date 03/08/2024
Year Built 1970
Request Info
By pressing Request Info, you agree that ILFLS and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. Message/data rates may apply. You also agree to our Terms of Service.
Price history
Loading price history...