2416 W 36TH Street
Chicago, IL 60632

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $575,000
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About this home

Fantastic opportunity to own a multi-unit building in McKinley Park. This property was updated just a few years back and has been well-maintained since. Additional features; a fully fenced-in lot plus two exists per unit. Unfinished basement for added storage and an in-building Laundry area. Rehab was completed in 2010. Per the previous owner, this used to be a 7-unit and was converted to a legal 4 (zoning certificate can be provided). Minutes from Expressway and Orange Line. Solid monthly income with the opportunity for additional as well. Only one unit was photographed but make your appointment to see them all. Current rentals bring in 4140/ month with an opportunity to increase rental income per market rents

Property details

Property / Lot Details
Acreage 0.09
Lot Dimensions 30 X 135
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 4 Flat, 2 Story Unit/s
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 No
Exterior Building Type Brick
Parking None
Rehab Year 2010
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - McKinley Park
Zoning Type MULTI
Corporate Limits Chicago
Directions WESTERN TO 36TH STREET THEN WEST TO PROPERTY
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Subdivision Mckinley Gardens
Township Lake
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 1200
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date 12/24
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1000
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date 12/24
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 1
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1200
Appliances And Features Stove, Refrigerator, Microwave
Full Baths Total 1
Lease Expiration Date 08/24
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 2
unit 4
Beds Total 2
Baths Total 1
Actual Rent 840
Appliances And Features Stove,Microwave
Full Baths Total 1
Lease Expiration Date 06/24
Rooms Total 4
Tenant Pays Electric,Gas
Floor Number 2

Financials

Financing Conventional
Rental Income 4140
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 16364070130000
Special Assessments N
Taxes $5,585
Tax Exemptions None
Tax Year 2022
$575,000 Listing Price:
MLS # 11941909
Investment Profile Residential Income
Listing Market Time 64 days
Basement Full
Type Unit 4 Flat, 2 Story Unit/s
Number of Units in Building 4
Parking None
List Date 03/12/2024
Year Built
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