Savvy investment opportunity! All brick three flat in booming Edgewater Glen/Andersonville. While maintained over the decades, this property is in need of some fairly extensive repairs/renovations. Large floor plans offer a developer the ability to add in-unit washer and dryer, add a second bathroom, add a legal garden unit or duplex down the 1st floor for higher rents. Each unit has original built-ins, moldings, panoramic front sunrooms, and vintage charm. There are endless options to increase value, rents, or even condo the building. The building is in walking distance to Andersonville, Thorndale Redline Stop, and Edgewater's Broadway Corridor which recently opened a new Whole Foods, LA Fitness, Starbucks, Dunkin Donuts, McDonald's, CVS and more. New Target being built 3 blocks away at Devon/Sheridan!
Multi-familyProperty Type
1912Year Built
4,191 sq ftLot Size
2 spacesParking
Listed by Ashley Fuhr• RE/MAX Edge
Listed by William Robinson
Bought with Richard Aronson• Dream Town Real Estate
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
9
Baths
3
Stories
3
Lot width
—
Lot depth
—
Lot size
4,191
Year renovated
—
Sq. Ft.
4,731
Year built
1912
Style
Multi-Family (2-4 Unit)
County
Cook County
APN
14053100100000
Parking Spaces
2
Basement
Yes
Accessible
No
HOA Dues
—
Garage
No
Features
—
Last updated by owner on Mar 2, 2019.
RT-4
Residential Two-Flat, Townhouse and Multi-Unit District
The primary purpose of the RT districts is to accommodate detached houses, two-flats, townhouses and low-density, multi-unit residential buildings at a density and building scale that is compatible with RS districts. The districts are intended to be applied in areas characterized by a mix of housing types. The districts are also intended to provide a gradual transition between RS districts and higher density RM districts. The RT districts are differentiated primarily on the basis of allowed density (minimum lot area per unit) and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Hospital / medical center
Housing-Group
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Public service
Property details
Parking
Parking Information
# of Cars: 2
# of Garage Spaces: 2
Garage Parking
Detached Garage
Garage On-Site
Owned Garage
Interior
Bedroom Information
# of Bedrooms: 9
# of Bedrooms (Above Grade): 9
Bathroom Information
# of Baths (Full): 3
Additional Rooms Information
Full Basement
Unfinished Basement, Exterior Access to Basement
Equipment
Intercom
Heating & Cooling
Gas Heating, Hot Water/Steam Heating, Radiators
Multi-Family Information
3 Bedroom Unit(s) in Building
Unit 1 Information
# of Rooms: 7
# of Beds: 3
# of Baths (Full): 1
Floor #: 1
Stove, Refrigerator
Tenant Pays Electric
Rent: $1,200
Lease Expiration Date: MTM
Unit 2 Information
# of Rooms: 7
# of Beds: 3
# of Baths (Full): 1
Floor #: 2
Stove, Refrigerator
Tenant Pays Electric
Rent: $1,040
Security Deposit: $1,000
Lease Expiration Date: MTM
Unit 3 Information
# of Rooms: 7
# of Beds: 3
# of Baths (Full): 1
Floor #: 3
Stove, Refrigerator
Tenant Pays Electric
Rent: $1,100
Lease Expiration Date: MTM
Exterior
Building Information
# of Units: 3
Built Before 1978
Age: 100+ Years
Brick Exterior
Lot Information
Dimensions: 33 X 127
Oversized Chicago Lot
Zoning: MULTI
Property Information
# of Rooms: 21
Ownership: Fee Simple
Parcel Identification Number: 14053100100000
Financial
Financial Information
Tax: $9,459.62
Tax Year: 2016
Tax Exemptions: Homeowner, Senior, Senior Freeze
Special Service Area: N
Total Rental Income: $40,080
Gross Rental Income: $40,080
Net Operating Income: $20,200
Other Additional Income: Garage(s)
Finance Code: Conventional
Utilities
Utility Information
Water: Lake Michigan, Public
Sewer (Public)
Location
School Information
Elementary School District: 299
Junior High District: 299
High School District: 299
Location Information
Subdivision: MAGNOLIA GLEN
Township: NORTH CHICAGO
Corporate Limits: CHICAGO
Directions: GLENWOOD TO ROSEDALE, EAST TO BUILDING. ROSEDALE IS ONE BLOCK SOUTH OF THORNDALE.
Public facts
Beds: 9
Baths: 3.0
Sq. Ft.: 4,731
Stories: 3.0
Parking Spaces: 2
Basement: Yes
Accessible: No
Lot Size: 4,191 square feet
Style: Multi-Family (2-4 Unit)
Year Built: 1912
Year Renovated: —
County: Cook County
APN: 14053100100000
HOA Dues: —
Garage: No
Features: —
Home facts updated by owner on Mar 2, 2019
Other
Expense Information
Gross: $19,880
Listing Information
Sale Price Includes Parking
Listing Agent Must Accompany
Possession: Closing
Holds Earnest Money: Yes
Sale Terms: Conventional
Seller Concessions: No
Around this home
Schools
Swift Elementary Specialty School
Public PreK-8 • Assigned • 0.3mi
5/10
Senn High School
Public 9-12 • Assigned • 0.1mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 6 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60660
Average low and high temperatures (°F)
31
18
39
25
53
36
60
44
66
50
80
64
84
70
80
67
76
62
67
53
51
40
37
26
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 10.3 hours in
June and 3.3 hours in December, placing it below the
U.S. average for solar exposure.