2847 W Shakespeare Avenue
Chicago, IL 60647

Status: Active Under Contract
Multi Family
9 beds
0 baths
0 sq.ft
Listing Price: $1,250,000

About this home

Beautiful Graystone 4-flat in the heart of Logan Square (includes an in law unit - neither broker nor owner represent the legality of the in-law garden unit). A perfect blend of vintage Victorian features and modern finishes. The building includes two 2 bed + Den /1 bath homes, a 2 bed/1 bath, and a lovely 1 bed/1bath garden/in-law unit. Each apartment is adorned with classic built-in shelving, original wood trim around doors and windows, and hallmark Chicago bay windows. Units 1, 2, & 3 each with a serene sunroom off the back of the building, overlooking a lush and relaxing backyard. The in-law unit was fully updated in 2020 with modern finishes in the kitchen and bath, new flooring, and great storage. Incredible income potential from using any of the units as rentals or AirBnB's! Unit 1 is currently owner occupied but has been used as an AirBnB in the past. Amenities include free laundry in the basement with 2 washers and 2 dryers, landscaped yard and large deck, and a 2-car garage with original brick. Building updates include new windows (2018), tuck pointing (2018), fully gut to garden unit (2018), unit 1 cabinets, counter updates and new appliances (2020), unit 2 bathroom update and new appliances (2020), unit 3 new furnace and new appliances (2020). All units have had floors refinished. Regular maintenance on roof and decking in 2021. Located just three short blocks from the blue line subway, which runs between O'Hare airport and downtown Chicago, this centrally-located building is on a quiet, tree-lined street.

Property details

Property / Lot Details
Acreage 0.08
Lot Dimensions 25X150
Lot Size Oversized Chicago Lot
Ownership Fee Simple
Style of House Greystone
Type Unit 4 Flat
Number Of Units in Building 4
Property Type Two to Four Units
Interior Features
Additional Rooms Enclosed Balcony
Basement Description Finished
Bath Amenities Soaking Tub
Basement Full
Bedrooms Count 9
Bedrooms Possible 9
Baths Count 4
Full Baths in Building Count 4
Total Rooms 22
Units
unit 1
Beds Total 1
Baths Total 1
Actual Rent 1200
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 3
Tenant Pays Electric,Gas
Floor Number G
unit 2
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date N/A
Rooms Total 6
Tenant Pays All
Floor Number 1
unit 3
Beds Total 2
Baths Total 1
Actual Rent 1950
Appliances And Features Stove, Refrigerator, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 9/24
Rooms Total 6
Tenant Pays Electric,Gas
Floor Number 2
unit 4
Beds Total 2
Baths Total 1
Actual Rent 2100
Appliances And Features Stove, Refrigerator, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 9/24
Rooms Total 6
Tenant Pays Electric, Gas, Parking
Floor Number 3
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 91-100 Years
3 Bedroom Unit in Building Yes
Parking Total 2
Exterior Building Type Brick, Stone, Limestone
Exterior Property Features Balcony ,Porch
Foundation Brick/Mortar, Concrete Perimeter
Garage Details Garage Door Opener(s)
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2018
Roof Type Asphalt ,Flat
Virtual Tour (Unbranded) External link
MRD Virtual Tour None
Virtual Tour Date 04/20/2024 2:02 am
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Logan Square
Zoning Type MULTI
Corporate Limits Chicago
Directions JUST WEST OF SHAKESPEARE DISTRICT POLICE HDQRS
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
Township West Chicago

Financials

Rental Income 64,800
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 13361180260000
Special Assessments N
Taxes $12,548
Tax Exemptions Homeowner
Tax Year 2022
$1,250,000 Listing Price:
MLS # 12030672
Investment Profile Residential Income
Listing Market Time 30 days
Basement Full
Type Unit 4 Flat
Number of Units in Building 4
Parking Garage
List Date 04/19/2024
Year Built
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