2327 N Southport Avenue
Chicago, IL 60614

Status: Active
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $1,650,000

About this home

Classy Lincoln Park gem on outstanding Southport!! Four story brown brick octagon 3 flat with full unfinished basement (duplex?), access panel to basement., and walkout, plus separate single family 1.5 story brick coach house at rear!! 3 flat has first floor 3rms/1bdrm/1bath; second floor 4rms(Liv Rm/Kit/Bdrm/Den); and third floor 4rm/2bdrm/1bath. Hardwood floors in all units. Newer exterior steel staircase in back with pressure-treated wooden decks for each level, great views!! Coach house is an incredible renovation with high-end finishes! First floor has open floor plan with gourmet kitchen overlooking living area, full, deluxe bathroom., and one bedroom. Kitchen is at the front and overlooks patio. Open natural wood staircase takes you up to 2 more bedrooms, 2 full bathrooms (one a master bath), skylights, and laundry/utility room. Chandelier excluded but negotiable. All 4 units have their own washer, dryer, stove, refrigerator, and HVAC!! Convenient location, with retail, service, restaurants, nightlife, and live music minutes away, as well as being 10 min to I-90, I-290, 20 minutes to O'Hare!! Close to lakefront, Gold Coast, Wrigley, parks, museums, more!! Whether an owner/user, or investor, you'll want to keep this forever!! Come and take a look!! 48 hours notice to show.

Property details

Property / Lot Details
Acreage 0.07
Deconversion N
Lot Dimensions 24.6 X 125
Lot Size Source Listing Agent
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House Traditional
Type Unit 3 Flat, Coach House
Number Of Units in Building 4
Property Type Two to Four Units
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 71-80 Years
3 Bedroom Unit in Building Yes
Exterior Building Type Brick
Exterior Property Features Balcony, Deck, Patio, Storms/Screens, Workshop
Foundation Concrete Perimeter
Parking None
Rehab Year 2020
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Curbs, Sidewalks, Street Lights
Area Major CHI - Lincoln Park
Corporate Limits Chicago
Directions On Southport one half block south of Fullerton on the east side of the street
Equipment Multiple Water Heaters, Water Heater-Gas
Elementary School Oscar Mayer Elementary School
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Lincoln Park High School
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan, Public
Jr High/Middle School Oscar Mayer Elementary School
Jr High/Middle Dist 299
Township Lake View
Interior Features
Basement Description Unfinished
Basement Bathrooms No
Basement Full
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 6
Full Baths in Building Count 6
Total Rooms 20
Units
unit 1
Beds Total 1
Baths Total 1
Actual Rent 1175
Appliances And Features Stove, Refrigerator, Laundry Hook-Up, Range Hood, Hardwood Floors
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 3
Security Deposit 00
Tenant Pays Electric, Gas, Heat
Floor Number 1
Square Feet 800
unit 2
Beds Total 1
Baths Total 1
Actual Rent 1900
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Laundry Hook-Up, Range Hood, Hardwood Floors
Full Baths Total 1
Lease Expiration Date M/M
Rooms Total 4
Security Deposit 00
Tenant Pays Electric, Gas, Heat
Floor Number 2
Square Feet 800
unit 3
Beds Total 2
Baths Total 1
Actual Rent 2300
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Laundry Hook-Up, Range Hood, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 09/24
Rooms Total 4
Security Deposit 00
Tenant Pays Electric, Gas, Heat
Floor Number 3
Square Feet 800
unit 4
Beds Total 3
Baths Total 3
Actual Rent 4200
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Central Air Conditioner, Laundry Hook-Up, Range Hood, Hardwood Floors
Full Baths Total 3
Lease Expiration Date 09/24
Rooms Total 5
Security Deposit 00
Tenant Pays Electric, Gas, Heat
Floor Number 1
Square Feet 1400

Financials

ElectricExpense 310
Electric Expense Source Actual
Gross Rental Income $114,900
Net Oper Income $86,257
Rental Income 9575
Investment Profile Residential Income
Water Expense $2,095

Tax/Assessments/Liens

PIN 14321040140000
Special Assessments N
Taxes $26,293
Tax Year 2022
$1,650,000 Listing Price:
MLS # 12006114
Investment Profile Residential Income
Listing Market Time 39 days
Basement Full
Type Unit 3 Flat, Coach House
Number of Units in Building 4
Parking None
List Date 03/21/2024
Year Built
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