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    1401 N Wicker Park Avenue

    Chicago, IL 60622
    • $3,000,000
    • STATUS: Closed
    • ON SITE: 88 days
    • MLS #: 11029113
    Sold - 07/23/2021
    $3,000,000
    SOLD - 07/23/2021
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1899
    County:

    School Ratings & Info

    Description

    WICKER PARK- 11 UNIT APARTMENT BUILDING!!! Property features 29beds and 11baths including (8) 3bedroom/1bath (2) 2 bedroom/1bath and (1) non-conforming studio. Building has been well maintained and cared for by same owner over 45years. Brand New Boiler, Water Heater and all updated Copper Plumbing and Electric. Roof is 12years and features new parapet wall. All units present refinished Oak Hardwood Floors and Doors, Original Oak woodwork and classic Chicago Built-ins. Each unit offers Living Room and separate Dining Room! Situated on the corner of Evergreen/Wicker Park Ave and conveniently located directly across from the Park! Building has 3 addresses affiliated: 1401-03 Wicker Park and 1826 Evergreen. Just steps to Blue Line Train, CTA Bus, 606 and easy access to I-90/94 expressway. Cap Rate 6. GRM 12.

    Sold by Triton Realty Group Llc.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-08-04T10:54:54.253 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1401 N Wicker Park Avenue Chicago, IL 60622

    • Price: $3,150,000
    • Status: Closed
    • Updated: 17 min ago
    • MLS #: 11029113
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    1899
    Built
    Neighborhood:
    Chi - West Town
    County:
    Cook
    Area:
    Chi - West Town
    Property Description
    WICKER PARK- 11 UNIT APARTMENT BUILDING!!! Property features 29beds and 11baths including (8) 3bedroom/1bath (2) 2 bedroom/1bath and (1) non-conforming studio. Building has been well maintained and cared for by same owner over 45years. Brand New Boiler, Water Heater and all updated Copper Plumbing and Electric. Roof is 12years and features new parapet wall. All units present refinished Oak Hardwood Floors and Doors, Original Oak woodwork and classic Chicago Built-ins. Each unit offers Living Room and separate Dining Room! Situated on the corner of Evergreen/Wicker Park Ave and conveniently located directly across from the Park! Building has 3 addresses affiliated: 1401-03 Wicker Park and 1826 Evergreen. Just steps to Blue Line Train, CTA Bus, 606 and easy access to I-90/94 expressway. Cap Rate 6. GRM 12.
    Exterior Features

    Construction Materials Brick Foundation Details Concrete Perimeter Frontage Type City StreetPublic RoadAlley Access Land Amenities Children's Play YardCurbs And GuttersLighting/ExteriorSecurity EntranceSidewalks Location Corner Miscellaneous Outside Balcony/IesSecurity LightingStorms And Screens (As Exist) Outdoor Parking None On Site Parking Total 0 Roof RubberOther Roof Structure Flat

    Interior Features

    Basement Description Partially FinishedExterior AccessWalk-Up Access Cooling Window Unit(S) Electric Circuit Breakers101-200 Amps Fire Protection Alarm MonitoredAlarm On SiteCarbon Monoxide Detector(S) Fireplaces Total 0 Heat Ventilation Central Bldg HeatRadiators Miscellaneous Inside Storage InsideLaundry Room Number Of Bedrooms Type5 0 Number Of Bedrooms Type6 0 Number Of Bedrooms Unit1 3 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 0 Number Of Bedrooms Unit4 0 Number Of Dishwashers 10 Number Of Disposals 0 Number Of Dryers 2 Number Of Full Bathrooms Type1 1 Number Of Full Bathrooms Type2 1 Number Of Full Bathrooms Type3 1 Number Of Ranges 11 Number Of Refrigs 11 Number Of Rooms Unit Five 0 Number Of Rooms Unit Four 0 Number Of Rooms Unit Six 0 Number Of Rooms Unit1 6 Number Of Rooms Unit2 5 Number Of Rooms Unit3 2 Number Of Rooms Unit7 0 Number Of Units Apt Type1 8 Number Of Units Apt Type2 2 Number Of Units Apt Type3 1 Number Of Units Apt Type4 0 Number Of Units Apt Type5 0 Number Of Units Apt Type6 0 Number Of Units Apt Type7 0 Number Of Washers 2 Number Of Window Ac 20

    Property Features

    Additional Parcels YN No Association Fee Includes HeatWater Built Before1978 YN Yes Cap Rate 6 Current Use Multi-Family Electric Expense 1000 Expense Year 2020 Exterior Building Type Brick Fuel Expense 9000 Gross Income 255480 Gross Scheduled Income 255480 Insurance Expense 5000 Janitor Expense 8000 Known Encumbrances None Known Lot Size Dimensions 50X75 Maintenance Expense 12000 Monthly Income Max1 2200 Monthly Income Max2 1975 Monthly Income Max3 900 Net Operating Income Year 2020 Operating Expense 65000 Other Expense 21570 Owners Assoc YN No Possible Use CondominiumMulti-FamilySingle Family Seller Will Other Tax Annual Amount 21570 Tax Year 2019 Tenant Pays Air ConditioningElectricityOther Total Monthly Income 21290 Trash Expense 5000 Type Multi Family FlatsOther Unincorporated YN No Utilities None Washer Dryer Leased YN Yes Water Sewer Expense 3000 Zoning Multi

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Jameson Sotheby's Intl Realty.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-08-04T10:54:54.253 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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