Address
1242 W Argyle Street, Chicago, IL
Price
$ 2,625,000
Property Attributes
  • MLS#11991452
  • TypePending
  • CountyCOOK
  • CityChicago
  • AreaCHI - Uptown
  • NeighborhoodAndersonville Terrace
  • Zip60640
  • Style
  • Year Built1901
  • Taxes$ 16684
  • Price$ 2,625,000
  • Bedrooms13
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size5,480 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Exceptional investment opportunity in ANDERSONVILLE. Fully stabilized 6 unit building with high-end condo quality finishes. 2023 NEW REHAB,This property offers an absolute turnkey experience with all leases running into SPRING/SUMMER 2025. Unit breakdown of (2) three bed/two bath residences, (2) two bed/one bath residence and (2) duplex down residences.(1)4 BED 4 BATH,(1) 4 BED 3 BATH Each unit boasts private outdoor space. 5 EXTERIOR PARKING SPOTS. The units in this luxury boutique building are distinguished by the finishes & details; hardwood floors, in unit laundry, individual central air units/individual furnaces gas forced heat, custom closets, window treatments throughout. Kitchens are all finished with quartz countertops, white shaker ,soft close cabinets, breakfast bar overhang, stainless steel appliances, and custom cabinetry. Elevated primary suites with walk-in closets and vanity with quartz countertops, and walk-in showers, dining room /living room combo, new hardwood floors, bathrooms fully tiled with soaking tub and walk in showers. Exposed brick painted white in units and sun drenched private deck off living room

Price History
3/6/2024 Listed $2,625,000

General Features

Cooling Central Air
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1901
Electric Circuit Breakers
Tenant Pays Electricity,Heat
Stories 3
Tax Year 2022
Gross Income 18330
County Cook
Net Operating Income 188110
Operating Expense 28196
Insurance Expense 4800
Property Type Commercial Sale
Status Pending
Directions West of Broadway North of Lawrence East of Clark South of Foster
City Chicago
Total Units 6
MLS Area CHI - Uptown
Lot Size Square Feet 5480
Street Name Argyle
Tax Annual Amount 16684.3
Electric Expense 1560
Trash Expense 1476
Water Sewer Expense 2360
Additional Parcels Y/N No
Days on Market 13
Standard Status Pending
Property Type Multi Family 5+

Interior Features

Street Suffix Street
Basement Sleeping Area

Exterior Features

Foundation Details Concrete Perimeter
Lot Dimensions 40X137
Exterior Brick

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Pending Average in 60640

Price
AVG $380K
$2.63M
Taxes
AVG $7,214
$16,684
Visits
AVG 81
112
Data Provided by Inside Real Estate®
Year Built
AVG 1957
1901

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