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1442 N North Park Avenue

Chicago, IL 60610
  • $1,595,000
  • STATUS: Active Under Contract
  • ON SITE: 54 Days
  • MLS #: 11990113
Under Contract
$1,595,000
  • 6
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1998
County:

School Ratings & Info

School District:
299

Description

Introducing 1442 N North Park Ave! 2022 Taxes are ~$32,472.08/yr. An exceptional opportunity nestled in the heart of Old Town that beckons visionaries with an eye for luxury. Situated in one Chicago's most desired neighborhoods, this expansive ~7,000 square foot 2-flat offers a unique chance to craft the single-family residence or split townhome + rental opportunity of your dreams, all without the weight of monthly assessments. Why settle for a townhome when you can possess, personalize, and preside over this amazing property! Each of the two units showcases a symmetrical, mirrored design that spans 3 full floors of opulent living space. Residents are greeted by 3 bedrooms, 3 full bathrooms, and additional dens that serve as the perfect canvases for home offices or creative spaces. The residences sing of elegance with their marble fireplaces, and dining becomes a daily luxury within kitchens fitted with commercial-grade stainless steel appliances and sub-zero refrigerators. Vast walk-in closets offer effortless organization, ensuring each space remains pristine. Architecturally, the property stands as a testament to quality. High ceilings paired with an abundance of windows ensure units are drenched in natural light. The pinnacle of luxury is realized on the top floor, which reveals 3 expansive rooftop decks and penthouses. These sanctuaries are perfect for recreation, office endeavors, or tranquil evening relaxation. Modern conveniences haven't been overlooked. Each unit benefits from an individual, attached 1-car garage, in-unit full-size washer/dryers, and the reliability of dual zone heating and air conditioning systems. Additionally, homeowners and investors alike can appreciate a steady revenue stream; one unit is currently rented at $4,500/month until 5/31/24, offering consistent income as plans for the vacant unit take shape. Location is paramount, and this property doesn't disappoint. Nestled amidst Old Town's main district-shops, parks, top-tier restaurants, Chicago's iconic lakefront, and the bustling downtown-merely steps away from the city's finest entertainment, shopping, and transport hubs. In essence, for those who yearn for unparalleled elegance, abundant space, and boundless potential, this property isn't just an investment-it's a canvas ready for a visionary's touch. Tour today! R-5 Zoning.

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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 2024-04-22T08:33:40.79 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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1442 N North Park Avenue Chicago, IL 60610

  • Price: $1,595,000
  • Status: Active Under Contract
  • On Site: 54 Days
  • MLS #: 11990113
6
Beds
0
Baths
0
½ Baths
N/A
Acres
1998
Built
Neighborhood:
Chi - Near North Side
County:
Cook
Area:
Chi - Near North Side
School District:
299
Property Description
Introducing 1442 N North Park Ave! 2022 Taxes are ~$32,472.08/yr. An exceptional opportunity nestled in the heart of Old Town that beckons visionaries with an eye for luxury. Situated in one Chicago's most desired neighborhoods, this expansive ~7,000 square foot 2-flat offers a unique chance to craft the single-family residence or split townhome + rental opportunity of your dreams, all without the weight of monthly assessments. Why settle for a townhome when you can possess, personalize, and preside over this amazing property! Each of the two units showcases a symmetrical, mirrored design that spans 3 full floors of opulent living space. Residents are greeted by 3 bedrooms, 3 full bathrooms, and additional dens that serve as the perfect canvases for home offices or creative spaces. The residences sing of elegance with their marble fireplaces, and dining becomes a daily luxury within kitchens fitted with commercial-grade stainless steel appliances and sub-zero refrigerators. Vast walk-in closets offer effortless organization, ensuring each space remains pristine. Architecturally, the property stands as a testament to quality. High ceilings paired with an abundance of windows ensure units are drenched in natural light. The pinnacle of luxury is realized on the top floor, which reveals 3 expansive rooftop decks and penthouses. These sanctuaries are perfect for recreation, office endeavors, or tranquil evening relaxation. Modern conveniences haven't been overlooked. Each unit benefits from an individual, attached 1-car garage, in-unit full-size washer/dryers, and the reliability of dual zone heating and air conditioning systems. Additionally, homeowners and investors alike can appreciate a steady revenue stream; one unit is currently rented at $4,500/month until 5/31/24, offering consistent income as plans for the vacant unit take shape. Location is paramount, and this property doesn't disappoint. Nestled amidst Old Town's main district-shops, parks, top-tier restaurants, Chicago's iconic lakefront, and the bustling downtown-merely steps away from the city's finest entertainment, shopping, and transport hubs. In essence, for those who yearn for unparalleled elegance, abundant space, and boundless potential, this property isn't just an investment-it's a canvas ready for a visionary's touch. Tour today! R-5 Zoning.
Exterior Features

Exterior Building Type Brick Exterior Features DeckRoof Deck Garage Details Multiple Garages Garage Onsite Yes Garage Ownersite Owned Garage Type Attached Lot Size Less Than .25 Acre Multi Family Type 2 Flat3 Story Unit/s Parking Details Garage Parking Total 2 Waterfront YN No

Interior Features

Basement None Basement Bathrooms YN No Basement Details None Bathroom WhirlpoolSeparate Shower Bedrooms Below Grade 0 Bedrooms Total 6 Full Baths In Building 6 Half Baths In Building 0 Heating Natural GasForced Air Room Type Den Rooms Total 20

Property Features

Additional Parcels YN No Age 26-30 Years Built Before1978 YN No Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Chicago General Information Commuter BusCommuter Train Gross Income 54000 Mls Actual Status Contingent New Construction YN No Other Equipment HumidifierCO DetectorsWater Heater-Gas Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 32472.08 Tax Year 2022 Total Numberof Unitsin Building 2 Total Rental Income 54000 Township North Chicago Type Two to Four Units Water Source Public Zoning MULTI

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Fulton Grace Realty: 773-698-6648.


© 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 2024-04-22T08:33:40.79 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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