Closed

$845,000

1248 Diversey Parkway, CHICAGO, IL 60614
7 Beds3 Baths44 days
1248 Diversey Parkway·CHICAGO, IL 60614
7Bedrooms
3Bathrooms
1891Year Built
About This Home

Well-maintained investment 3-flat straddling both the Lincoln Park and Lakeview neighborhoods. Walking distance to DePaul University, Lincoln Ave restaurants and Diversey CTA Brown/Purple "L" stop. 1st and 3rd flr apartments consist of 2-bed and one-bath each, approx 855 and 925 SF, respectively. 2nd flr apartment contains great sunny eat-in kitchen and three-bedrooms and is only unit without central air. All units have hardwood floors, high ceilings, modest kitchen and bath upgrades, and tenant-paid utilities. Recent cap improvements include tuck pointing, gutters, vinyl siding and newer windows. Additional income generated from the 2.5 car detached garage. Increase rents to market rate and/or duplex up into attic for more upside (some rents haven't changed for 7+ years). Simple value-add opportunity by renewing leases this summer! Tremendous owner-occupied opportunity as well. Expenses conservatively underwritten-Actual operating costs are less.

MLS# 09514994Listed February 27, 2017Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms3
Total Rooms16

Size & Structure

Garage Spaces2
Year Built1891
Lot Size0.060 acres

Location

CountyCook
TownshipLAKE VIEW
Zip Code60614

Financial

List Price$845,000
Annual Taxes (2015)$10,875
Monthly Tax Est.$906
Parcel #14291310150000
Interior Features

Heating

Natural GasElectric

Basement

None
Exterior & Lot

Construction

Vinyl SidingBrick
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$10,875
Tax Year 2015
Monthly Tax Est.
$906
per month
Property Location

1248 Diversey Parkway, CHICAGO, IL 60614Cook County

$845,000
1248 Diversey Parkway
7 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
44 days on market
2-car garage
0.060 acres
$10,875/yr taxes
$5,347
estimated monthly payment
Principal & Interest
$4,441/mo
Property Tax
$906/mo
$845,000
20% — $169,000
3%50%
6.875%
3%12%
Loan Amount
$676,000
Down Payment
$169,000

* Estimated payment only. Actual rates, taxes, and insurance may vary. Contact a lender for a personalized quote.

Listed by
CN Realty
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