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2537 N Wayne Avenue

Chicago, IL 60614
  • $1,775,000
  • STATUS: Active
  • ON SITE: 30 days
  • MLS #: 11091065
UPDATED: 41 min ago
$1,775,000
  • 11
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Parking Space
County:

School Ratings & Info

School District:
299

Description

FULLY RENOVATED 4 UNIT INVESTMENT PROPERTY FORMERLY A 4 UNIT CONDO BUILDING WITH INDEPENDENT UTILITIES FOR EACH UNIT. LOCATED IN THE HEART OF LINCOLN PARK. RECENTLY UPDATED CONDO QUALITY UNITS WITH HARD STONE SURFACES AND LARGE UPDATED KITCHENS AND BATHS. EACH UNIT HAS CENTRAL HEAT/AC, WATER HEATER, GAS LOG FIREPLACES AND LAUNDRY IN-UNIT. EACH INCLUDES A TWO-LEVEL LAYOUT: 1F OFFERS A 2020 UPDATED 3 BED 2 BATH, 1R OFFERS A 2020 UPDATED 2 BED 2 BATH APARTMENT; 2F IS A TOP FLOOR TWO-LEVEL 3 BED 2 BATH APARTMENT AND 2R OFFERS AN UPDATED TWO-LEVEL 3 BED 2 BATH APARTMENT. TWO DEEDED PARKING SPACES ARE CURRENTLY INCLUDED AND ARE RENTED BY 2F AND 2R. THERE IS A SMALLER THRID SPACE THAT COULD BE USED FOR A 3RD PARKING SPACE FOR A SMALLER CAR. PROPERTY INCLUDES A REAR YARD. AAA+++ LOCATION IN THE WRIGHTWOOD NEIGHBORHOOD OF LINCOLN PARK. RESTAURANTS, BARS, SHOPPING AND DEPAUL UNIVERSITY ALL VERY CLOSE. FIRST SHOWINGS OF UNIT 1F (VACANT WITH LEASE STARTING JUNE 1). OM & RENT ROLL AVAILABLE BY REQUEST. CHECK OUT REMARKS FOR TAXES. PROPERTY WAS DIVIDED INTO SINGLE PIN IN 2020. LISTING TAX BILL IS ADDED 6 PINS FROM FORMER CONDOS AND PARKING.

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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 Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2021-06-17T20:52:48.56 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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2537 N Wayne Avenue Chicago, IL 60614

  • Price: $1,775,000
  • Status: Active
  • Updated: 41 min ago
  • MLS #: 11091065
11
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Chi - Lincoln Park
County:
Cook
Area:
Chi - Lincoln Park
School District:
299
Property Description
FULLY RENOVATED 4 UNIT INVESTMENT PROPERTY FORMERLY A 4 UNIT CONDO BUILDING WITH INDEPENDENT UTILITIES FOR EACH UNIT. LOCATED IN THE HEART OF LINCOLN PARK. RECENTLY UPDATED CONDO QUALITY UNITS WITH HARD STONE SURFACES AND LARGE UPDATED KITCHENS AND BATHS. EACH UNIT HAS CENTRAL HEAT/AC, WATER HEATER, GAS LOG FIREPLACES AND LAUNDRY IN-UNIT. EACH INCLUDES A TWO-LEVEL LAYOUT: 1F OFFERS A 2020 UPDATED 3 BED 2 BATH, 1R OFFERS A 2020 UPDATED 2 BED 2 BATH APARTMENT; 2F IS A TOP FLOOR TWO-LEVEL 3 BED 2 BATH APARTMENT AND 2R OFFERS AN UPDATED TWO-LEVEL 3 BED 2 BATH APARTMENT. TWO DEEDED PARKING SPACES ARE CURRENTLY INCLUDED AND ARE RENTED BY 2F AND 2R. THERE IS A SMALLER THRID SPACE THAT COULD BE USED FOR A 3RD PARKING SPACE FOR A SMALLER CAR. PROPERTY INCLUDES A REAR YARD. AAA+++ LOCATION IN THE WRIGHTWOOD NEIGHBORHOOD OF LINCOLN PARK. RESTAURANTS, BARS, SHOPPING AND DEPAUL UNIVERSITY ALL VERY CLOSE. FIRST SHOWINGS OF UNIT 1F (VACANT WITH LEASE STARTING JUNE 1). OM & RENT ROLL AVAILABLE BY REQUEST. CHECK OUT REMARKS FOR TAXES. PROPERTY WAS DIVIDED INTO SINGLE PIN IN 2020. LISTING TAX BILL IS ADDED 6 PINS FROM FORMER CONDOS AND PARKING.
Exterior Features

Exterior Building Type Frame Is Parking Includedin Price Yes Number Of Cars 2 Parking Space/S Parking On Site Yes Parking Ownership Deeded Sold Separately Parking Total 2 Unit1 Floor Level 1 Unit2 Floor Level 1 Unit3 Floor Level 2 Unit4 Floor Level 2 Waterfront YN No

Interior Features

3 Bedroom Unit In Building Yes Appliances Features Unit1 StoveRefrigeratorWasherDryerDishwasherCentral Air ConditionerHardwood Floors Appliances Features Unit2 StoveRefrigeratorDishwasherCentral Air ConditionerLaundry Hook-Up Appliances Features Unit3 StoveRefrigeratorWasherDryerDishwasherCentral Air Conditioner Appliances Features Unit4 StoveRefrigeratorWasherDryerDishwasherCentral Air Conditioner Basement Full Basement Description Finished Bathrooms Total Integer 8 Bedrooms Below Grade 0 Bedrooms Possible 11 Full Baths In Building 8 Full Baths In Unit1 2 Full Baths In Unit2 2 Full Baths In Unit3 2 Full Baths In Unit4 2 Half Baths In Building 0 Half Baths In Unit1 0 Half Baths In Unit2 0 Half Baths In Unit3 0 Half Baths In Unit4 0 Heating Natural Gas Number Of Bedrooms Unit1 3 Number Of Bedrooms Unit2 2 Number Of Bedrooms Unit3 3 Number Of Bedrooms Unit4 3 Number Of Rooms Unit1 5 Number Of Rooms Unit2 4 Number Of Rooms Unit3 5 Number Of Rooms Unit4 5 Rooms Total 19

Property Features

Age Description Unknown Built Before1978 YN Yes Corporate Limits Chicago General Information None Gross Income 140400 Lease Exp Date Mo Yr Unit1 05/22 Lease Exp Date Mo Yr Unit2 04/22 Lease Exp Date Mo Yr Unit3 08/21 Lease Exp Date Mo Yr Unit4 04/22 Lot Size Standard Chicago Lot Lot Size Dimensions 25X125 Net Operating Income 101139 New Construction YN No Property Sub Type 4 Flat Rebuilt YN No Rehab Year 2020 Rehab YN Yes Security Deposit Unit1 0 Security Deposit Unit2 0 Security Deposit Unit3 0 Security Deposit Unit4 0 Sewer Public SewerSewer-Storm Special Assessments N Special Listing Conditions List Broker Must Accompany Special Service Area N Tax Annual Amount 33361.59 Tax Year 2019 Tenant Pays Unit1 ElectricGasHeat Tenant Pays Unit2 ElectricGasHeat Tenant Pays Unit3 ElectricGasHeat Tenant Pays Unit4 ElectricGasHeat Total Rental Income 140400 Unit1 Rent 3000 Unit2 Rent 2500 Unit3 Rent 3200 Unit4 Rent 3000 Water Source Lake MichiganPublic Zoning Multi

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of @Properties.


© 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 Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2021-06-17T20:52:48.56 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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