3041 W Cullerton Street
Chicago, IL 60623

Status: Sold
Multi Family
6 beds
0 baths
0 sq.ft
Listing Price: $499,000
Gallery single image view Gallery grid view Street view Map view

About this home

Classic four-unit property just steps from Douglas Park, featuring two 2-bedroom and two 1-bedroom units, each with separate utilities. Easily accessible with a short walk to the Pink Line and CTA bus stops, parks, trails, shops, and dining options. All tenants are on month-to-month leases, providing flexibility and potential for rent increases. Boasts 72' of frontage and includes a lot with a curb cut for easy access, plus a five-car garage, each with its own tax ID. The property is sold AS-IS. The owner is a licensed managing broker.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building No
Approx Year Built 1895
Parking Total 13
Exterior Building Type Brick,Stone
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 5
Garage On-Site Yes
Parking Garage,Space/s
Roof Type Rubber
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Gated, Sidewalks, Street Lights, Street Paved
Area Major CHI - South Lawndale
Corporate Limits Chicago
Directions Albany North or South to Cullerton East to property
Equipment Water Heater-Gas
Elementary Sch Dist 299
Heat/Fuel Natural Gas
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township West Chicago
Interior Features
Basement Description Finished
Bath Amenities Soaking Tub
Basement Bathrooms No
Basement Full ,Walkout
Bedrooms Count 6
Bedrooms Possible 6
Baths Count 4
Full Baths in Building Count 4
Total Rooms 22
Units
unit 1
Beds Total 1
Baths Total 1
Actual Rent 925
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 1
Baths Total 2
Actual Rent 950
Appliances And Features Stove, Refrigerator
Full Baths Total 2
Lease Expiration Date MTM
Rooms Total 5
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 3
Beds Total 2
Baths Total 1
Actual Rent 995
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 4
Beds Total 2
Baths Total 1
Actual Rent 995
Appliances And Features Stove, Refrigerator
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 2
Property / Lot Details
Lot Dimensions 72.51 X 85
Lot Description Fenced Yard
Lot Size Source Survey
Lot Size Less Than .25 Acre
Ownership Fee Simple
Style of House Greystone
Type Unit 4 Flat
Number Of Units in Building 4
Property Type Two to Four Units

Financials

ElectricExpense 1298
Electric Expense Source Actual
Financing Conventional
Fuel Expense $2,302
Fuel Expense Source Actual
Gross Rental Income $61,248
Insurance Expense $2,311
Insurance Expense Source Actual
Net Oper Income $48,287
Other Addl Income Coin Laundry
Rental Income 45780
Investment Profile Residential Income
Water Expense $3,114

Tax/Assessments/Liens

Multiple Pin Numbers Yes
PIN 16243090500000
Special Assessments N
Taxes $3,248
Tax Exemptions None
Tax Year 2022
$499,000 Listing Price:
MLS # 12028522
Investment Profile Residential Income
Listing Market Time 48 days
Basement Full ,Walkout
Type Unit 4 Flat
Number of Units in Building 4
Parking Garage,Space/s
List Date 04/18/2024
Year Built 1895
Request Info
By pressing Request Info, you agree that ILFLS and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. Message/data rates may apply. You also agree to our Terms of Service.
Price history
Loading price history...