Incredible opportunity to purchase/de-convert this 19 unit condo building into cash producing multi-family building! Located across from Lane Tech and in acclaimed Bell School district. 19 condo quality 2 bedroom 1 bath with washer/dryer in unit. Association has done major exterior work in last few years. Many units at current market rent with clear future upside. Sale contingent on 75% owner approval.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Cook County
APN
13242080380000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Jan 28, 2023.
RS-3
Residential Single-Unit (Detached House) District
The primary purpose of the RS districts is to accommodate the development of detached houses on individual lots. It is intended that RS zoning be applied in areas where the land-use pattern is characterized predominately by detached houses on individual lots or where such a land use pattern is desired in the future. The Zoning Ordinance includes three RS districts - RS3 - which are differentiated primarily on the basis of minimum lot area requirements and floor area ratios.
Permitted uses
Include but are not limited to:
Religious facility
Day care facility
Housing-Single unit
Housing-Other
Infrastructure
Educational / school
Library
Recreation
Cemetery
Park & open space
Property details
Parking
Parking Information
# of Parking (Total): 3
Interior
Equipment
# Of Dishwashers: 19
# Of Ranges: 19
# Of Washers: 19
# Of Dryers: 19
Unit Type 1 Information
# of Rooms: 5
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 7
Monthly Income: $1,600
Unit Type 2 Information
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 8
Monthly Income: $1,650
Unit Type 3 Information
# of Rooms: 4
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
# of Units: 4
Monthly Income: $1,750
Exterior
Building Information
# of Units: 19
Exterior Building Type: Brick
Built Before 1978 (Y/N): Yes
Property Information
Property Type: Multi Family 5+
Ownership Type: Condo
Parcel Number: 13242080380000
Lot Information
Dimensions: 50X300
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $38,000
Tax Year: 2014
Financial Information
Finance Code: Cash
Gross Income: $38,000
Utilities
Heating & Cooling
Heat/Ventilation: Gas,Hot Water,Radiators,Steam
Location
Homeowners Association Information
Owners Assoc (Y/N): Yes
Location Information
Township: LAKE VIEW
Directions: West on Addison past western.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: 13242080380000
Home facts updated by county records on Jan 28, 2023
Other
Expense Information
Water Sewer Expense: $3,979
Water Expense Source: Actual
Electric Expense: $781
Around this home
Schools
Bell Elementary School
Public K-8 • Assigned • 0.3mi
9/10
Lake View High School
Public 9-12 • Assigned • 1.3mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
4/10 Flood Factor
Estimated 11-17% chance 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
3/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
0% chance of strong winds in next 30 years
4/10 Air Factor
5 unhealthy days expected this year, 7 days in 30 years
Provided by First Street
Historical weather
Chicago, IL • 60618
Average low and high temperatures (°F)
31
17
39
25
55
35
62
44
68
50
83
64
87
70
83
67
80
61
67
53
52
39
38
25
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.