5201 N Lakewood Avenue
Chicago, IL 60640

Status: Sold
Multi Family
8 beds
0 baths
0 sq.ft
Listing Price: $550,000
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About this home

Lakewood Balmoral opportunity! Solid brick 2-flat on 50 X 123 lot. 4824 sf interior. High ceilings throughout including the basement. 2 car garage. The building was gutted by an electrical fire 18 months ago. RS-3 Zoning allows a single family or 2-flat, however, the Assessors' website identifies 5201 Lakewood as a 3-flat and it was always used by the owner's family as such. NOTE: MLS rules require room info in order to list. The fire left only some framing, so there are no actual rooms. Offers will be presented at 5:00 Monday. See showing instructions.

Property details

Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Age 100+ Years
3 Bedroom Unit in Building Yes
Approx Year Built 1909
Parking Total 2
Exterior Building Type Brick
Parking On-Site Yes
Garage Ownership Owned
Garage Type Detached
Parking Spaces Count 2
Parking Garage
MRD Virtual Tour None
School / Neighborhood, Utilities, Financing, Location Details
CommunityFeatures Park, Lake, Curbs, Sidewalks, Street Lights, Street Paved
Area Major CHI - Edgewater
Corporate Limits Chicago
Directions NE corner of Lakewood and Foster. Two blocks west of Broadway. Lakewood is one way north.
Equipment Water Heater-Gas
Elementary School Peirce Elementary School Intl St
Elementary Sch Dist 299
Heat/Fuel Natural Gas, Forced Air
High Sch Senn Achievement Academy High Sc
High Sch Dist 299
Sewer Public Sewer
Water Lake Michigan
Jr High/Middle Dist 299
Subdivision Lakewood Balmoral
Township Lake View
Interior Features
Basement Description Partially Finished
Bath Amenities No Tub
Basement Bathrooms No
Basement Partial
Bedrooms Count 8
Bedrooms Possible 8
Baths Count 3
Full Baths in Building Count 3
Total Rooms 16
Units
unit 1
Beds Total 2
Baths Total 1
Appliances And Features None
Full Baths Total 1
Rooms Total 5
Tenant Pays None
Floor Number 1
Square Feet 1200
unit 2
Beds Total 3
Baths Total 1
Appliances And Features None
Full Baths Total 1
Rooms Total 6
Tenant Pays None
Floor Number 2
Square Feet 1800
unit 3
Beds Total 3
Baths Total 1
Appliances And Features None
Full Baths Total 1
Rooms Total 6
Tenant Pays None
Floor Number 3
Square Feet 1800
Property / Lot Details
Deconversion N
Lot Dimensions 50 X 123
Lot Description Corner Lot
Lot Size Source County Records
Lot Size Oversized Chicago Lot
Ownership Fee Simple
Style of House Brownstone
Type Unit 2 Flat
Number Of Units in Building 3
Property Type Two to Four Units

Financials

Financing Conventional
Investment Profile Residential Income

Tax/Assessments/Liens

PIN 14081270160000
Special Assessments N
Taxes $20,774
Tax Exemptions None
Tax Year 2022
$550,000 Listing Price:
MLS # 12016044
Investment Profile Residential Income
Listing Market Time 59 days
Basement Partial
Type Unit 2 Flat
Number of Units in Building 3
Parking Garage
List Date 04/02/2024
Year Built 1909
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