(See Additional Information Section for operating statements) We are pleased to present this multi-family real estate opportunity in the Albany Park neighborhood of Chicago. The subject property is located 8.2 miles north of Chicago's downtown loop area, 1.3 miles east of the Edens Expressway, 0.9 miles northwest of the CTA's Kimball Brown Line train station, 0.2 miles east of the CTA's Pulaski & Argyle bus 53 stop, and 1.0 miles away from North Park University. - The unit mix for the subject property consists of three two-bedroom one-bathroom units that measure 983 square feet respectively, with the potential opportunity to build out the unfinished basement and collect additional rental income. - The neighborhood boasts an unmatched array of multicultural restaurants, including local favorite Noon-O-Kabab and the celebrated falafel of Semiramis. Along the Lawrence Avenue corridor, you will discover independently-owned grocery stores, delicious Korean cuisine and a collection of highly regarded Middle Eastern and Mexican restaurants. - An investor can take full advantage of this real estate opportunity by capitalizing on the prime location of this asset plus the ability to cash flow the property immediately.
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 (2-4 Unit)
County
Cook County
APN
13113070120000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
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Last updated by owner on Jan 7, 2023.
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
Parking: Garage
Garage Ownership: Owned
Garage On-Site: Yes
Garage Type: Detached
Interior
Bathroom Information
# of Baths (Full): 3
Bath Amenities: Soaking Tub
Bedroom Information
# of Bedrooms: 6
# of Bedrooms Possible: 6
Additional Rooms Information
Den
Basement: Full
Basement Description: Unfinished
Interior Features
# of Rooms: 21
Unit Type 1 Information
Floor Number: 1
Sq. Ft.: 983
# of Rooms: 7
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Fireplace-Artificial,Garage/Space,Range Hood,Hardwood Floors,Oven/Built-in
Security Deposit: 1260
Rent: $1,260
Tenant Pays: Electric,Parking
Lease Expiration Date: Friday, July 1, 2022
Unit Type 2 Information
Floor Number: 2
Sq. Ft.: 983
# of Rooms: 7
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Fireplace-Artificial,Garage/Space,Range Hood,Hardwood Floors,Oven/Built-in
Security Deposit: $1,495
Rent: $1,495
Tenant Pays: Electric,Parking
Lease Expiration Date: Friday, April 1, 2022
Unit Type 3 Information
Floor Number: 3
Sq. Ft.: 983
# of Rooms: 7
# of Bedrooms: 2
# of Bathrooms (Total): 1
# of Full Bathrooms: 1
Appliances and Features: Stove,Refrigerator,Dishwasher,Window Air Conditioner,Fireplace-Artificial,Garage/Space,Range Hood,Hardwood Floors,Oven/Built-in
Security Deposit: $1,350
Rent: $1,350
Tenant Pays: Electric,Parking
Lease Expiration Date: Friday, July 1, 2022
Exterior
Building Information
# Of Units in Building: 3
Exterior Building Type: Brick
Age: 91-100 Years
Built Before 1978 (Y/N): Yes
Property Information
Property Type: Two to Four Units
Ownership: Fee Simple
Rebuilt (Y/N): No
Rehab (Y/N): No
Parcel Number: 13113070120000
Lot Information
Dimensions: 30X125
Lot Size: Less Than .25 Acre
Zoning: MULTI
Financial
Tax Information
Tax Annual Amount: $7,275.86
Tax Year: 2020
Financial Information
Finance Code: Conventional
Special Service Area: N
Utilities
Utility Information
Water Source: Lake Michigan
Sewer: Public Sewer
Heating & Cooling
Heating: Natural Gas, Radiant
Location
School Information
Elementary School District: 299
Middle Or Junior School District: 299
High School District: 299
Location Information
Township: North Chicago
Corporate Limits: Chicago
Directions: Pulaski Rd to Argyle E to Springfield
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Cook County
APN: 13113070120000
Home facts updated by county records on Jan 7, 2023
Other
Listing Information
Holds Earnest Money: Yes
Possession: Closing
Around this home
Schools
K - 12
Preschool & daycare
Volta Elementary School
Public PreK-8 • Assigned • 0.1mi
4/10
Roosevelt High School
Public 9-12 • Assigned • 0.7mi
1/10
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
3/10 Heat Factor
7 days above 99° expected this year, 14 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over 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 • 60625
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
78/ 100
Good sunlight
Sunscore
This home ranks in the top 29% for direct sun exposure in Chicago. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.3 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$696,000 – $843,000
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