2557 North Avenue

    Chicago, IL 60647
    • $899,000
    • STATUS: Active
    • ON SITE: 33 days
    • MLS #: 10515152
    UPDATED: 65 min ago
    $899,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1928
    County:

    School Ratings & Info

    Description

    Exceptional Gem Da la Gem. 1928 Craftsman Masonry, Terra Cotta and Concrete Mixed use 3-unit property on bustling North Ave at the gateway to Wicker Park. This special building footprint expands the length and width of the entire lot. Soaring ceilings and exposed brick throughout. Storefront clear span space leased through 2021 NET Lease and auto door in rear opens to alleyway, access to unfinished basement that mirrors the size of the storefront. Two top floor Loft 2bd/1bth leased through 7/2020 open layouts from kitchen to living spaces, large picture windows, hardwood floors central air, GFA, Individual H20 washer/dryer on site. Numerous improvements include but not limited to roof, window, HVAC, electric and plumbing. Turn key opportunity fully leased $76K+ annual income, low operating expenses.

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    © 2019 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 The Perotti Group | Compass Real Estate. Based on information submitted to the MRED as of 2019-10-15T16:52:21.287 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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    www.theperottigroup.com/homes/98877402

    2557 North Avenue Chicago, IL 60647

    • Price: $899,000
    • Status: Active
    • Updated: 65 min ago
    • MLS #: 10515152
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1928
    Built
    Neighborhood:
    Chi - West Town
    County:
    Cook
    Area:
    Chi - West Town
    Property Description
    Exceptional Gem Da la Gem. 1928 Craftsman Masonry, Terra Cotta and Concrete Mixed use 3-unit property on bustling North Ave at the gateway to Wicker Park. This special building footprint expands the length and width of the entire lot. Soaring ceilings and exposed brick throughout. Storefront clear span space leased through 2021 NET Lease and auto door in rear opens to alleyway, access to unfinished basement that mirrors the size of the storefront. Two top floor Loft 2bd/1bth leased through 7/2020 open layouts from kitchen to living spaces, large picture windows, hardwood floors central air, GFA, Individual H20 washer/dryer on site. Numerous improvements include but not limited to roof, window, HVAC, electric and plumbing. Turn key opportunity fully leased $76K+ annual income, low operating expenses.
    Exterior Features

    Construction BrickStoneOther/Unknown Docks Service Entrance Foundation Concrete Frontage Access City Street Location Central Business DistrictMixed Use Area Lot Dimensions 24 X 125 Lot Sq Ft 3000 Number Of Parking Spaces 0 Roof Coverings Membrane Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Fire Protection Other Floor Finish Wood Miscellaneous Inside Overhead Door/SBasementLaundry Room Number Of Apts 2 Number Of Dryers 1 Number Of Offices 3 Number Of Ranges 3 Number Of Refrigs 3 Number Of Stores 1 Number Of Stories 2 Number Of Washers 1

    Property Features

    Age New Rehab Built Before1978 YN Yes Current Use CommercialOther Electric Expense Source Actual Electrical Service Circuit Breakers Electricity Expense 0 Expense Year 2018 Fuel Expense 0 Fuel Expense Source Actual Geographic Locale Chicago North Gross Rental Income Amount 76140 Heat Ventilation Central Heat/Indiv ControlsForced AirGas Insurance Expense 2011 Insurance Expense Source Actual Lease Type Modified Gross Net Oper Income Amount 63750 Other Expense Source Actual Other Expenses 0 Owners Assoc YN No Possession ClosingTenant's Rights Potential Use CommercialResidential-Multi-FamilyRetail Rental Price 0 Sale Terms Conventional Tax Year 2017 Taxes 10236.7 Tenant Pays Varies By Tenant Total Annual Exp 12379 Total Annual Expense Source Actual Total Annual Income 76140 Total Monthly Income 6345 Township North Chicago Unincorporated YN No Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater To Site Washer Dryer Lsd YN No Water Expense 566 Water Expense Source Actual Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of North Clybourn Group, Inc..


    © 2019 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 The Perotti Group | Compass Real Estate. Based on information submitted to the MRED as of 2019-10-15T16:52:21.287 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
     
    The Perotti Group | Compass Real Estate
    1643 N Milwaukee
    Chicago IL, 60647