4316 W Adams Street
Chicago, IL 60624

Status: Active Under Contract
Multi Family
14 beds
0 baths
0 sq.ft
Listing Price: $649,900

About this home

Unleash the potential of this Garfield Park Gem a solid brick 4- unit building that's not just investment It's a canvas for your condo conversion dream. This armchair investment is thoughtfully set up featuring individual heat, electric, hot water tank in each unit, electric panel within each unit and in-unit washer and dryer hook up for added convenience. The property key features are spacious apartments, uniquely owner - design unit with distinctive features, hardwood floors, new windows for enhanced energy efficiency, expose brick walls adding character, central air conditioning in each unit guarantees a comfortable living environment and dedicated parking spaces adding a premium touch. The two lower level present a blank slate, ready for your creative touch. Finish them as additional living space or create a duplex on the first floor. This versatility of this property allows for various investment strategies. One of the outstanding features of this property is its remarkably low taxes, adding a significant financial advantage to your investment. Don't miss out on this opportunity to transform this property into a lucrative investment whether you're looking for a solid rental income or exploring condo conversion possibility, this Garfield Park is your gateway to unlimited potential.

Property details

Interior Features
Additional Rooms Den
Basement Description Unfinished, Exterior Access
Basement Full
Bedrooms Count 14
Bedrooms Possible 14
Baths Count 4
Full Baths in Building Count 4
Total Rooms 27
Units
unit 1
Beds Total 4
Baths Total 1
Actual Rent 1500
Appliances And Features Stove, Refrigerator, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors
Full Baths Total 1
Lease Expiration Date 12/24
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 2
Beds Total 4
Baths Total 1
Actual Rent 1375
Appliances And Features Stove, Refrigerator, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors
Full Baths Total 1
Lease Expiration Date MTM
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number 1
unit 3
Beds Total 2
Baths Total 1
Appliances And Features Stove, Refrigerator, Washer, Dryer, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors
Full Baths Total 1
Lease Expiration Date OWNER
Rooms Total 6
Tenant Pays Electric, Gas, Heat
Floor Number 2
unit 4
Beds Total 4
Baths Total 1
Appliances And Features Stove, Refrigerator, Microwave, Central Air Conditioner, Laundry Hook-Up, Hardwood Floors
Full Baths Total 1
Lease Expiration Date VAC
Rooms Total 7
Tenant Pays Electric, Gas, Heat
Floor Number 2
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1897
Parking Total 4
Exterior Building Type Brick
Foundation Brick/Mortar
Parking Features Assigned
Garage On-Site Yes
Parking Ownership Owned
Parking Space/s
Roof Type Flat
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
Area Major CHI - West Garfield Park
Zoning Type MULTI
Corporate Limits Chicago
Directions South of Madison to Adams, East of Kostner to address
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air, Sep Heating Systems - 2+
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Township West Chicago
Property / Lot Details
Lot Dimensions 50 X 125
Lot Size Less Than .25 Acre
Ownership Fee Simple
Type Unit 2 Story Unit/s
Number Of Units in Building 4
Property Type Two to Four Units

Financials

ElectricExpense 187
Electric Expense Source Actual
Fuel Expense Source Actual
Investment Profile Residential Income
Water Expense $4,297

Tax/Assessments/Liens

Multiple Pin Numbers Yes
PIN 16152080390000
Special Assessments N
Taxes $2,442
Tax Exemptions None
Tax Year 2021
$649,900 Listing Price:
MLS # 12009324
Investment Profile Residential Income
Listing Market Time 40 days
Basement Full
Type Unit 2 Story Unit/s
Number of Units in Building 4
Parking Space/s
List Date 03/20/2024
Year Built 1897
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...