2431 N Western Avenue
Chicago, IL 60647

Status: Sold
Multi Family
3 beds
0 baths
0 sq.ft
Listing Price: $750,000

About this home

2024 Gut Renovation two-flat in Bucktown. National Franchise Restaurant with 5-year lease on the 1st floor and a large 2nd level 3Bed/1Bath apartment with brand new deck/ rear porch, has been meticulously renovated and offers a complete floor plan, stainless steel appliances, soft close cabinets, and quartz countertops. All appliances, mechanicals, roof, and windows are newly installed- Heart of Bucktown and walkable to several lifestyle options, grocery, and transportation. one block from 90/94 express way, 10 mins to downtown, and one block North of Fullerton Ave. Two Rear Parking Spaces also included.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1906
Parking Total 2
Exterior Building Type Brick
Garage On-Site Yes
Parking Space/s
Rehab Year 2024
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Sidewalks, Street Lights, Street Paved
Area Major CHI - Logan Square
Corporate Limits Chicago
Directions Go north on Western Ave past Fullerton till Montana Ave
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Water Public
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Unfinished
Bath Amenities No Tub
Basement Full
Bedrooms Count 3
Bedrooms Possible 3
Baths Count 2
Full Baths in Building Count 1
Half Baths in Building Count 1
Total Rooms 7
Units
unit 1
Baths Total 1
Actual Rent 3000
Appliances And Features Range Hood
Half Baths Total 1
Lease Expiration Date 05/29
Tenant Pays Electric, Gas, Heat, Scavenger, Sewer, Water
Floor Number 1
unit 2
Beds Total 3
Baths Total 1
Actual Rent 3000
Appliances And Features Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Walk-In Closet
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 7
Tenant Pays Electric, Gas, Heat, Parking
Floor Number 2
Square Feet 1200
Property / Lot Details
Lot Dimensions 24X83
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Flat
Number Of Units in Building 2
Property Type Two to Four Units

Financials

Financing Conventional
Gross Rental Income $72,000
Insurance Expense $2,400
Net Oper Income $59,645
MaintenanceExpense 1000
Rental Income 72000
Investment Profile Residential Income
Water Expense $850

Tax/Assessments/Liens

PIN 14303140050000
Special Assessments N
Taxes $7,756
Tax Year 2022
$750,000 Listing Price:
MLS # 12102417
Investment Profile Residential Income
Listing Market Time 73 days
Basement Full
Type Unit 2 Flat
Number of Units in Building 2
Parking Space/s
List Date 07/05/2024
Year Built 1906
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