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1035 W Grace Street

Chicago, IL 60613
  • $1,275,000
  • STATUS: Active Under Contract
  • ON SITE: 52 Days
  • MLS #: 11957696
Under Contract
UPDATED: 21 min ago
$1,275,000
  • 10
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1895
County:

School Ratings & Info

School District:
299

Description

Just steps from Wrigley Field and the train station, this 4-unit multifamily property is a standout investment. The building consists of three spacious 3-bedroom, 2-bath apartments and one 1-bedroom, 1-bath garden unit. Three of the four units have been meticulously updated, featuring renovated kitchens with granite countertops and stainless steel appliances, new flooring, and refreshed baths. Units 1 and 2 boast in-unit laundry, while unit 3 and the garden unit have shared laundry in the basement. The building itself benefits from a new roof, windows, siding, and an upgraded electrical system. With all units currently leased, it presents a potential for steady positive cash flow. Perfect for an investor looking to have property in a sought-after Lake View location.

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© 2024 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-03-01T15:00:50.62 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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1035 W Grace Street Chicago, IL 60613

  • Price: $1,275,000
  • Status: Active Under Contract
  • On Site: 52 Days
  • Updated: 21 min ago
  • MLS #: 11957696
10
Beds
0
Baths
0
½ Baths
N/A
Acres
1895
Built
Neighborhood:
Chi - Lake View
County:
Cook
Area:
Chi - Lake View
School District:
299
Property Description
Just steps from Wrigley Field and the train station, this 4-unit multifamily property is a standout investment. The building consists of three spacious 3-bedroom, 2-bath apartments and one 1-bedroom, 1-bath garden unit. Three of the four units have been meticulously updated, featuring renovated kitchens with granite countertops and stainless steel appliances, new flooring, and refreshed baths. Units 1 and 2 boast in-unit laundry, while unit 3 and the garden unit have shared laundry in the basement. The building itself benefits from a new roof, windows, siding, and an upgraded electrical system. With all units currently leased, it presents a potential for steady positive cash flow. Perfect for an investor looking to have property in a sought-after Lake View location.
Exterior Features

Exterior Building Type Frame Lot Size Less Than .25 Acre Multi Family Type 4 Flat Parking Details None Parking Total 0 Waterfront YN No

Interior Features

Basement Unfinished Basement Details Partial Bedrooms Below Grade 0 Bedrooms Total 10 Full Baths In Building 7 Half Baths In Building 0 Heating ElectricBaseboard Rooms Total 18

Property Features

Age 100+ Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Chicago General Information None Gross Income 121800 Insurance Expense 3170 Mls Actual Status Contingent New Construction YN No Ownership Fee Simple Rebuilt YN No Rehab Year 2022 Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 17894.37 Tax Year 2022 Total Numberof Unitsin Building 4 Total Rental Income 121800 Township Lake View Type Two to Four Units Water Source Lake Michigan

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Essex 312, LLC: 773-570-0318.


© 2024 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 Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2024-03-01T15:00:50.62 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.

Digital Millennium Copyright Act
 
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4112C Fieldstone Road
Champaign IL, 61822