Price Reduction
Address
2631 W Division Street, Chicago, IL
Price
$ 1,059,999
Property Attributes
- MLS#12004526
- TypeMulti-Family
- CountyCOOK
- CityChicago
- AreaCHI - West Town
- NeighborhoodHumboldt Park
- Zip60622
- StyleMulti-Family
- Year Built1888
- Taxes$ 16056
- Price$ 1,059,999
- Bedrooms9
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6900
- Lot Size3,000 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Mixed Use 5 Units stone building in East Humboldt Park. 3-story building consists: 1 Storefront- currently vacant (2,300 Sq Ft.) and 4 ( four) residential apartments currently all occupied by tenants with leases. Each apartment has its Individual furnace, hot water tank and has oak floors throughout. Store front has Gfa/Ac. Full unfinished basement space. Quite a few recent improvements: Newer porch (2019). Downspout and gutters (2019). Newer rubber roof (2014)- flashing was done Approx. 2 years ago. New tuckpointing and whole front of the building stucco was conservated and painted just the LAST YEAR (2023) w/ city permit. Furnace (Approx. 2016). Hot water tank (Approx. 2016). Some plumbing updated. Per the owner: there is no plaster on the most of walls. Total income $ 102,000. Full basement has unfinished space (not that high basement) with sump pump, gas meters and 6 electric boxes and meters as seen on photo. 2 parking spots in the rear of the building (currently 1 spot included in rent and the other can be used for extra income). Great for investor or owner occupied *** Unit # 3F was just rented out for $ 1,650 with a lease thru the next year *** Rent Roll can be made available upon request ***
| Price History | |
|---|---|
| 3/18/2024 | Listed $1,125,000 |
| 4/17/2024 | 3% - $1,099,999 |
| 5/13/2024 | 4% - $1,059,999 |
General Features
| Cooling | Central Air |
|---|---|
| Possession | Closing |
| Zoning | COMMR |
| Construction Materials | Brick,Stone |
| Year Built | 1888 |
| Tenant Pays | Air Conditioning,Electricity,Heat |
| Stories | 3 |
| Township | West Chicago |
| Tax Year | 2022 |
| Current Use | Multi-Family |
| Gross Income | 103200 |
| County | Cook |
| Operating Expense | 11843 |
| Insurance Expense | 3869 |
| Property Type | Commercial Sale |
| Possible Use | Commercial,Condominium |
| Status | Price Change |
| Directions | West of Western Ave to W Division St to 2631 |
| City | Chicago |
| Total Units | 5 |
| MLS Area | CHI - West Town |
| Lot Size Square Feet | 3000 |
| Street Name | Division |
| Tax Annual Amount | 16056 |
| Electric Expense | 588 |
| Trash Expense | 2607 |
| Water Sewer Expense | 4770 |
| Additional Parcels Y/N | No |
| Days on Market | 57 |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
Interior Features
| Street Suffix | Street |
|---|---|
| Basement | Unfinished |
Exterior Features
| Building Area Total | 6900 |
|---|---|
| Lot Dimensions | 25 X 125 |
| Frontage Type | City Street |
| Exterior | Stone,Limestone |
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 Multi-Family Average in 60622
Price
Taxes
Visits
Year Built
