3006 W Wilson Avenue
Chicago, IL 60625

Status: Sold
Multi Family
7 beds
0 baths
0 sq.ft
Listing Price: $849,900

About this home

GORGEOUS brick legal three flat on a tree lined street in lovely Ravenswood Manor, adjacent to Lincoln Square. This light-filled south-facing building is one of the most well maintained three flats that makes an incredible investment property or perfect for a live-in owner. Unit number one is an updated owners unit with an updated kitchen with quartz counters, lovely living spaces with a cozy decorative fireplace two full updated bathrooms, 2 nice sized bedrooms and a full lower level that can be used as a large family room or could have an added bedroom or office. The current owners outfitted the lower level to be used as an airbnb with a separate entrance; you would just need to put in a bed and add back a kitchenette and you will turn this building into even more of a cash cow! Units two and three are updated and rented with excellent tenants who would love to stay and continue renting. Unit 2 features two bedrooms, plus a sunroom and a large den and unit 3 features 3 bedrooms plus a sunroom. Both units have been well maintained and updated over time so they are in pristine condition. There is coin laundry in the basement for extra income as well as a 2 car garage. The lovely backyard currently has an amazing vegetable garden and a 5 barrel rain catchment system. Each unit has hardwood floors and also has a large private back deck. Some updates include: all new lighting in unit 1, new plank vinyl flooring in the lower level, updated kitchen in 2023, remodeled bathroom 2023, new microwave 2021, unit 2 has a new dishwasher in 2020, new paint and new molding, unit 3 has a new vanity in 2023, new dishwasher 2019 and barn door added, exterior tuckpointing done in 2019, roof has been well maintained, outside is freshly caulked, new landscaping installed in the front, new garage door opener, 2 new AC condensers on the roof in 2020, and the furnaces and acs have been maintained and inspected annually. Each unit is separately metered, units 2 and 3 have separate large storage lockers in the basement, and all three have central heat and air. This building is in the perfect location walkable to nature trails, bike path, parks, Lincoln Square, shopping, dining and a 2 minute walk to the EL.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1915
Parking and Garage Spaces 2
Exterior Building Type Brick
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
Rehab Year 2013
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - Albany Park
Corporate Limits Chicago
Directions N or S on California, W on Wilson
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Dist 299
Sewer Public Sewer
Water Public
Jr High/Middle Dist 299
Township North Chicago
Interior Features
Basement Description Finished
Basement Full
Bedrooms Count 7
Bedrooms Possible 7
Baths Count 4
Full Baths in Building Count 4
Total Rooms 20
Units
unit 1
Beds Total 2
Baths Total 2
Actual Rent 2650
Appliances And Features Stove, Refrigerator, Dishwasher, Central Air Conditioner, Fireplace-Artificial, Hardwood Floors
Full Baths Total 2
Lease Expiration Date VAC
Rooms Total 8
Tenant Pays Electric, Gas, Heat
Floor Number 1
Square Feet 1700
unit 2
Beds Total 2
Baths Total 1
Actual Rent 2050
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 5/24
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 3
Baths Total 1
Actual Rent 2000
Appliances And Features Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 5/24
Rooms Total 7
Security Deposit 1100
Tenant Pays Electric, Gas, Heat
Floor Number 3
Property / Lot Details
Lot Dimensions 25X125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 3 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

ElectricExpense 463
Electric Expense Source Actual
Financing Conventional
Fuel Expense $1,114
Fuel Expense Source Actual
Gross Rental Income $97,250
Insurance Expense $2,246
Insurance Expense Source Actual
MaintenanceExpense 1370
Investment Profile Residential Income
Water Expense $1,518

Tax/Assessments/Liens

PIN 13131130340000
Special Assessments N
Taxes $11,674
Tax Exemptions None
Tax Year 2022
$849,900 Listing Price:
MLS # 11922334
Investment Profile Residential Income
Listing Market Time 32 days
Basement Full
Type Unit 3 Flat
Number of Units in Building 3
Parking Garage
List Date 11/02/2023
Year Built 1915
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