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Listed by Matthew Mikaof Compass
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Est. payment /mo
5 Beds
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12722128
Bedrooms 5
Year Built 1917
Annual Tax Amount $15,906
Tax Year 2025
Lot Dimensions 30 X 125
Property Sub-Type Two to Four Units
Property Description
Prime Lincoln Square / Ravenswood 4-Flat - with an additional non-conforming basement unit. Beautiful Tree-Lined Street. Surrounded by million-dollar plus homes, this classic 4+flat sits on a picturesque block in one of Chicago's most desirable neighborhoods. Center entrance property with all updated kitchens and baths, hardwood floors and vintage natural trim throughout entire building. Separate gas forced heating units and a flood control system. 4 of the units have a living and dining room plus an extra heated sunroom that can be used as an office or potentially another bedroom. Plenty of square footage to make 2-bedroom units. Owner pays gas and electric for garden unit. Additional income from coin operated laundry and 2 car garage. Rental income as follows: 1N Duplex unit 1 BR 2 Baths $2000. Leased 4/30/27, 1S 5 room 1BR 1 Ba. $2085. Includes 1 space in garage Leased 5/31/27, 2N 5 room 1 BR 1 Ba. $1700. Leased 5/31/27, 2S 5 room 1 BR 1 BA $1900.leased 5/31/27, Garden 3 room 1 BR 1BA $1555. leased 5/31/27 includes space in garage and utilities. Total income $9240 monthly $110800 yearly. Expenses $26071. Net income $84809. 6.5% Cap rate. Any questions, concerns, offer or comments regarding this listing please contact: Norbert Mika Text or email preferred. Do not contact Matthew Mika. See Broker remarks.
Location
State IL
County Cook
Community Park, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Partially Finished, Exterior Entry, Full, Walk-Out Access
Interior
Heating Natural Gas, Sep Heating Systems - 2+
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Roof Type Rubber,Flat
Building
Lot Description Corner Lot
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan, Public
Structure Type Brick
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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