Address
1527 N Claremont Avenue, Chicago, IL
Price
$ 1,515,000
Property Attributes
  • MLS#12056697
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - West Town
  • NeighborhoodWicker Park
  • Zip60622
  • Style
  • Year Built1890
  • Taxes$ 25013
  • Price$ 1,515,000
  • Bedrooms10
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size0.07 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Rare opportunity to own a legal four unit investment property / AirBnB rental in one of the hottest areas in Wicker Park/Bucktown! All units have been recently renovated with condo quality finishes including tall ceilings, floors, painting, lighting, kitchens, bathrooms and appliances. Building renovations include newer silver coated roof (2016), central heating / air conditioning in all units, and newly installed fence / gateway. The front building features two 3 bedroom / 1 bathroom units with in unit washer / dryer in #1F, the other three units use the communal coin laundry in the basement of the rear building (additional income to the owner). The legal coach house features two 2 bedroom / 1 bathroom units with walkout deck. The building includes a large, shared backyard patio and the neighborhood offers plenty of parking. Ideal location just 2 blocks from Six Corners of WP, blue line, expressway, Milwaukee bus and walking distance to Division Street's best restaurants and bars. Don't miss out on this incredible opportunity to own a turn-key investment property in the heart of Wicker Park!

Price History
5/15/2024 Listed $1,515,000

General Features

Sewer Public Sewer
Heating Natural Gas,Indv Controls
Possession Closing
Zoning MULTI
Year Built 1890
Township West Chicago
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 121200
County Cook
Net Operating Income 86927
Insurance Expense 5200
New Construction No
Property Type Residential Income
Total Rooms 18
Status Active
Directions West on North Ave,South on Claremont. One block East of Western,on the East Side of the street
City Chicago
High School District 299
MLS Area CHI - West Town
Waterfront Y/N No
Street Name Claremont
Tax Annual Amount 25013.86
Electric Expense 360
Fuel Expense 1200
Trash Expense 750
Water Sewer Expense 750
Days on Market 8
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Two to Four Units

Interior Features

Basement Full
Street Suffix Avenue
Total Bedrooms 10
Total Baths 4
Bedrooms Possible 10
Basement Unfinished
Full Baths Building 4
Total Number of Units 4

Exterior Features

Water Source Lake Michigan,Public
Lot Dimensions 25 X 125
Lot Size Acres 0.07
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 60622

Price
AVG $1.37M
$1.52M
Taxes
AVG $17,177
$25,013
Visits
AVG 232
227
Data Provided by Inside Real Estate®
Year Built
AVG 1902
1890