Closed

$1,455,000

1340 Dean Street, Chicago, IL 60622
7 Beds4 Baths5 days
1340 Dean Street·Chicago, IL 60622
7Bedrooms
4Bathrooms
1997Year Built
About This Home

Great investment opportunity with this newer construction, updated, bright and fully rented 3 flat building on a quiet cul-de-sac street in the heart of Wicker Park. Unit 1, which is a duplex-down, features 2 full levels of living, 3 bedrooms plus den, 2 living spaces and 2 full baths making it perfect for an owner-occupied situation. Units 2 and 3 are simplexes and feature 2 large bedrooms and a full bath. All units feature condo quality finishes, open floor plans, high ceilings, central air and heat, hardwood floors throughout, newer and fully equipped island white kitchen with quartz countertops, stainless steel appliances, gas range, dishwasher, large living/dining rooms, great closet space, in-unit laundry, huge private patio and decks in the back. 3 parking spaces in the back and plenty of free street parking for guests. The building has a new roof. All HVAC units have been replaced within the last 7 years. Next to a quiet park, minutes to Jewel, Walgreens, restaurants, Blue Line, Divvy station and easy access to 90/94 highways. Apartments are easy to rent with almost 0 vacancy and potential to increase rents. Current total income is $9,290/month or $111,480/ year. Possibility of dividing duplex down into 2 units and make the building a 4 unit building which should boost income to a min of $120,000.

MLS# 11865331Listed September 7, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms7
Total Bathrooms4
Total Rooms14

Size & Structure

Year Built1997
Lot Size4424

Location

CountyCook
TownshipNorth Chicago
Zip Code60622

Financial

List Price$1,455,000
Annual Taxes (2021)$19,937
Monthly Tax Est.$1,661
Parcel #17062190200000
Interior Features

Heating

Natural GasForced Air

Basement

FinishedDaylight
Exterior & Lot

Construction

BrickBlock
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteOwned
Tax & Financial
Annual Taxes
$19,937
Tax Year 2021
Monthly Tax Est.
$1,661
per month
Property Location

1340 Dean Street, Chicago, IL 60622Cook County

$1,455,000
1340 Dean Street
7 bd4 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
5 days on market
4424
$19,937/yr taxes
$9,308
estimated monthly payment
Principal & Interest
$7,647/mo
Property Tax
$1,661/mo
$1,455,000
20% — $291,000
3%50%
6.875%
3%12%
Loan Amount
$1,164,000
Down Payment
$291,000

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

Listed by
Zoubi Realty LTD
Agent: Al Zoubi
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