$956,000
$979,000
2.3%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
SOLD DATE : 05/30/2025
Key Details
Sold Price $956,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12313565
Sold Date 05/30/25
Bedrooms 4
Year Built 1899
Annual Tax Amount $15,937
Tax Year 2023
Lot Dimensions 25' X 125'
Property Sub-Type Two to Four Units
Property Description
Another excellent development opportunity in Lakeview. Frame 3-unit building on a full size lot (24'X125') with R-3.5 zoning. Take advantage of this prime project for renovation or tear down. Perfect location right off the Southport corridor. Just steps to Brown Line stop, Lakeview Low Line, trendy shops, restaurants, and walking distance to Whole Foods, Wrigley Field, and numerous conveniences. All 3 units are occupied: 1st floor has a tenant with lease expiration of 3-31-2025, 2nd & 3rd floors are owner occupied. Building will be vacant at closing. Preferred possession date is approx. June 19 2025 with flexible closing date in May-June. Building to be sold in "As-Is" condition without seller obligation for repairs. Additional Info: Owner pays all utilities (gas, electric, water, sewer) but there are 3 electric panels & 3 gas meters. The 1st and 2nd floor units share 1 GFA furnace & 1 Central Air Compressor. 3rd floor has separate heat & window unit A/C. See attached gas/energy costs. Common laundry room on 1st floor back porch with 1 set of W/D. Crawl space is approximately 2'-3' tall with insulated pipes. 2-car frame garage.
Location
State IL
County Cook
Rooms
Basement Crawl Space
Interior
Heating Natural Gas, Forced Air, Space Heater
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Frame
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Sam Jenkins • Jameson Sotheby's Intl Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "