Address
1448 W FILLMORE Street, Chicago, IL
Price
$ 974,900
Property Attributes
  • MLS#12019500
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near West Side
  • NeighborhoodLittle Italy
  • Zip60607
  • StyleCape Cod
  • Taxes$ 12508
  • Price$ 974,900
  • Bedrooms7
  • Full Bathrooms6
  • Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description

3 UNIT BUILDING IN PRIME LITTLE ITALY/MEDICAL DISTRICT. LOW MAINTENANCE BUILDING | TENANTS PAY OWN UTILITIES/LOW OPERATING COSTS. UNITS RENT QUICKLY. PRIVATE ENTRANCES FOR ALL 3 UNITS. UNIT 1F: 3B/3B DUPLEX DOWN WITH IN-UNIT W/D. UNIT 1R: 1B/1B. UNIT 2: 3B/2B + OFFICE. COMMON LAUNDRY AND STORAGE IN BASEMENT. ALL UNITS HAVE SEPARATE UTILITIES (HVAC - CENTRAL AC & HEAT, ELECTRIC, AND WATER HEATERS). ON SITE EXTERIOR PARKING FOR 3 CARS (CURRENTLY EACH UNIT HAS 1 SPOT INCLUDED). MECHANICAL/APPLIANCE AGES: UNIT 2 AC APPX 10 YEARS OLD, ROOF APPX. 10-15 YEARS BUT MAINTAINED, CLEANED REGULARLY. ALL OTHER UNITS APPX 5 YEARS OLD. CURRENT CAP RATE 7.6% - SOLID OPPORTUNITY TO INCREASE RENTS + PARKING. UNIT 1F AND 2 LEASED THROUGH 7/24 | UNIT 1R THROUGH 9/24.

Price History
4/9/2024 Listed $974,900

General Features

Sewer Public Sewer
Heating Natural Gas,Forced Air,Sep Heating Systems - 2+,Indv Controls
Possession Closing
Roof Asphalt
Exterior Features Balcony,Deck,Patio,Storms/Screens,Cable Access,Breezeway
Zoning MULTI
Architectural Style Cape Cod
Township West Chicago
Tax Year 2021
Percent Ownership Fee Simple
Gross Income 92700
Community Features Curbs,Gated,Sidewalks,Street Lights,Street Paved
County Cook
Net Operating Income 74148
Insurance Expense 3343
New Construction No
Property Type Residential Income
Total Rooms 24
Status Active
Directions RACINE TO TAYLOR W TO THROOP S TO FILLMORE W TO PROPERTY
City Chicago
High School District 299
MLS Area CHI - Near West Side
Waterfront Y/N No
Street Name FILLMORE
Tax Annual Amount 12508.56
Electric Expense 600
Water Sewer Expense 2100
Additional Parcels Y/N No
Virtual Tour https://tours.databasedads.com/4602138/1448-W-FILLMORE-Street-Chicago-IL?u=1
Days on Market 14
Standard Status Active
Middle/Junior School District 299
Elementary School District 299
Property Type Two to Four Units

Interior Features

Basement Full,Walkout
Street Suffix Street
Total Bedrooms 7
Room Type Utility Room-Lower Level
Total Baths 6
Bedrooms Possible 7
Basement Finished,Exterior Access
Full Baths Building 6
Total Number of Units 3

Exterior Features

Parking Features Assigned,Off Alley,Off Street
Lot Features Fenced Yard
Water Source Lake Michigan,Public
Total Parking 3
Foundation Details Concrete Perimeter
Lot Dimensions 30 X 106
Other Equipment TV-Cable,Ceiling Fan(s)
Exterior Vinyl Siding,Frame

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 60607

Price
AVG $1.23M
$970K
Taxes
AVG $14,850
$12,508
Visits
AVG 88
107
Data Provided by Inside Real Estate®

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