2529 W Farragut Avenue
Chicago, IL 60625

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $849,000
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About this home

Incredible opportunity to own this well located 4-unit brick building! Each unit has spacious 2 bedrooms, 1 bath + a den/office space, with generous space in each unit. All units are and have been fully occupied, all tenants pay for their utilities, and some units occupied by long term tenants! All units have already been converted to condos, amazing opportunity to keep some units or renovate and sell some or all! A renter's dream as it is walking distance to North Park University, NEIU, Starbucks, Tony's Fresh Market and tons of shops/restaurants in Lincoln Square. 2 blocks from Foster Ave. bus stop and 1.1 miles to the Kedzie Brown line 'L' stop, Swedish covenant and lots of trendy restaurants in the area. Due to the age of the building, property is sold "as-is". Comes with 5 parking spots in rear! Looking to invest in real estate, build some equity and secure a healthy retirement? Snatch this one before it's gone!

Property details

Interior Features
Additional Rooms Den
Basement Description Unfinished
Basement Full
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 4
Full Baths in Building Count 4
Total Rooms 24
Units
unit 1
Beds Total 2
Baths Total 1
Actual Rent 1500
Appliances And Features Stove, Refrigerator, Dishwasher, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 2
Baths Total 1
Actual Rent 1600
Appliances And Features Stove, Refrigerator, Dishwasher, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date 08/24
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1350
Appliances And Features Stove, Refrigerator, Dishwasher, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 4
Beds Total 2
Baths Total 1
Actual Rent 1350
Appliances And Features Stove, Refrigerator, Central Air Conditioner
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 2
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 71-80 Years
3 Bedroom Unit in Building No
Approx Year Built 1951
Parking Total 5
Exterior Building Type Vinyl Siding, Brick
Parking Features Assigned, Off Alley, Off Street, Direct Access, Oversized, Parking Lot, Rear/Side Entry
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Rehab Year 2020
MRD Virtual Tour None
Virtual Tour Date 11/14/2023 3:19 am
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Lincoln Square
Corporate Limits Chicago
Directions ON CALIFORNIA JUST NORTH OF FOSTER
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township Jefferson
Property / Lot Details
Lot Dimensions 50X125
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

Financing Conventional
Rental Income 61200
Investment Profile Residential Income

Tax/Assessments/Liens

Multiple Pin Numbers Yes
PIN 13122320351001
Special Assessments N
Taxes $7,964
Tax Year 2022
$849,000 Listing Price:
MLS # 11909373
Investment Profile Residential Income
Listing Market Time 154 days
Basement Full
Type Unit 4 Flat
Number of Units in Building 4
Parking Space/s
List Date 11/13/2023
Year Built 1951
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