Closed

$1,799,000

1248 Paulina Street, Chicago, IL 60622
6 Beds5 Baths5 days
1248 Paulina Street·Chicago, IL 60622
6Bedrooms
5Bathrooms
1880Year Built
About This Home

Welcome to your dream investment property in the heart of Wicker Park. This impeccably designed 3-unit building boasts a rare gem: An Extraordinary duplex up owner's unit sprawling over 3,400 sqft. Entering the owners unit, you have a classic main floor foyer to drop coats, shoes and packages. Walk up the stairs and you appreciate the corner lot with massive windows and natural light. The gorgeous white kitchen has a huge island and tons of storage, literally no design element or functionality feature was missed. Open concept spaces with ample dining space and a huge living room adorned with a Gas fireplace as the focal point. Main floor guest bedroom and beautiful guest bath featuring marble tile and Satin Brass fixtures. A Two story atrium with a center staircase adds a fantastic architectural feature. The Rear Family room is massive and provides a great place to hang out or host the big game. Dual sliding patio doors onto your private 800 sqft outdoor oasis with hot tub, gas, water and electric. The Rear Staircase offers a 2nd access to the bedroom level. 2 very well sized guest bedrooms both with tons of windows and natural light. Custom closets throughout the property with fantastic storage including linen, and walk in laundry facility. The 2nd floor guest bath offers dual vanity and a huge tub shower with private commode and heated floors. Step into your Luxury master suite with South East Corner windows and a gracious floorplan. King bed with built in lighting and tons of space for additional furniture. The Walk in Closet will be a hit and the Master bath is to die for. Huge vanity with dual sinks and tons of counter space, storage, heated floors and a private commode. Massive walk in shower with smooth transition. Designer finishes throughout! We are not done yet. Walk down your interior rear stairs to your attached 2 car garage with 10.5' ceiling and 8' garage door. Insulated and piped for a heater, this is a city dwellers dream. Basement is ~ 7' height used as owner storage and mechanicals for the rental units. The owner's unit offers zoned heating and cooling per floor and was built with elite attention to detail. This property offers 2 main floor units situated as Front and Rear above grade rentals. Both units are 1 bedroom with galley kitchens and a spacious floorplan offering living and dining space. Both have been updated with condo quality finishes with in unit Washer Dryer and individual Heating and Cooling - A+ rentals! Owners' unit: 3,400 square feet duplex up 4 bedrooms 3 bathrooms Taxes: $20,695.28 Unit 1F rental income $1,620 / Month Unit 1F lease expiration May 31, 2024 Unit 1R rental income $1,625 / Month Unit 1R lease expiration May 31, 2024 *Long term tenants with below market rents. Rental units have their own H2O tank and HVAC mechanicals. Tenants pay their own gas & electric.

MLS# 11966151Listed February 1, 2024Residential IncomeContemporary
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms5
Total Rooms14

Size & Structure

Garage Spaces2
Year Built1880
Lot Size24X100

Location

CountyCook
TownshipNorth Chicago
Zip Code60622

Financial

List Price$1,799,000
Annual Taxes (2022)$20,251
Monthly Tax Est.$1,688
Parcel #17062340290000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Fiber Cement
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteGarage OwnedAttachedGarage
Tax & Financial
Annual Taxes
$20,251
Tax Year 2022
Monthly Tax Est.
$1,688
per month
Property Location

1248 Paulina Street, Chicago, IL 60622Cook County

$1,799,000
1248 Paulina Street
6 bd5 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
5 days on market
2-car garage
24X100
$20,251/yr taxes
$11,142
estimated monthly payment
Principal & Interest
$9,455/mo
Property Tax
$1,688/mo
$1,799,000
20% — $359,800
3%50%
6.875%
3%12%
Loan Amount
$1,439,200
Down Payment
$359,800

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

Listed by
Mark Allen Realty, LLC
Agent: Matthew Liss
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