Closed

$1,595,000

1442 North Park Avenue, Chicago, IL 60610
6 Beds6 Baths21 days
1442 North Park Avenue·Chicago, IL 60610
6Bedrooms
6Bathrooms
1998Year Built
About This Home

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.

MLS# 11990113Listed February 27, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms6
Total Rooms20

Size & Structure

Garage Spaces2
Year Built1998
Lot Size25 X 102

Location

CountyCook
TownshipNorth Chicago
Zip Code60610

Financial

List Price$1,595,000
Annual Taxes (2022)$32,472
Monthly Tax Est.$2,706
Parcel #17042010240000
Interior Features

Appliances

Humidifier

Heating

Natural GasForced Air

Basement

None
Exterior & Lot

Construction

Brick

Exterior Features

Roof Deck

Patio & Porch

Deck
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

GarageOn SiteGarage OwnedAttached
Tax & Financial
Annual Taxes
$32,472
Tax Year 2022
Monthly Tax Est.
$2,706
per month
Property Location

1442 North Park Avenue, Chicago, IL 60610Cook County

$1,595,000
1442 North Park Avenue
6 bd6 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
21 days on market
2-car garage
25 X 102
$32,472/yr taxes
$11,088
estimated monthly payment
Principal & Interest
$8,382/mo
Property Tax
$2,706/mo
$1,595,000
20% — $319,000
3%50%
6.875%
3%12%
Loan Amount
$1,276,000
Down Payment
$319,000

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

Listed by
Fulton Grace Realty
Agent: Jacob McClure
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