Closed

$700,000

1622 Pierce Avenue, Chicago, IL 60622
4 Beds2 Baths21 days
1622 Pierce Avenue·Chicago, IL 60622
4Bedrooms
2Bathrooms
1878Year Built
About This Home

Incredible two unit building on one of the most desirable, double-wide one way streets in Wicker Park! Perfectly nestled in between $2M homes, this is a great investment property with a PROJECTED CAP RATE OVER 6%, and with UPDATED FINISHES! 1st floor is a stunning 2 bedroom 1 bathroom apartment, currently set up and furnished to be used as the most adorable Chicago themed Airbnb (furnishings not included in price, but negotiable)! Kitchen has brand new dark stainless appliances, new white cabinets, quartz counters, single basin sink and modern black hardware. Also newly refinished floors, enhanced LED lighting and 10' ceilings. The 2nd floor is a duplex up, with a freshly remodeled kitchen on the main floor including brand new cabinetry, quartz counters, single basin sink, stainless appliances and even a Sub Zero Refrigerator!! Also on the same floor is a small bedroom and newly updated bathroom with beautiful encaustic floor tile! Large living space with a separate dining area or office space. Upstairs you'll find a huge finished attic that can be used as a bedroom suite with an additional TWO bonus rooms that can be used so many ways: Office, Sitting Room, or build out the most amazing custom closet! Plentiful skylights, canned lighting and windows drench this floor with natural light. Both units enjoy the endless sunshine from Southern exposure. Some window seals not functioning. Large, approximately 5' deep Basement/crawl with landscaping rock floor. Timeless curb appeal with classic Chicago brick. The front outdoor space was previously used as a garden. The current backyard is fenced, spacious and lush. Perfect for gardening and entertaining guests. Also a great space for your pups to play and run around. Two car split face block detached garage, floor in great shape, walls and roof need work. Centrally located where Wicker Park and Bucktown meet. Jewel Osco, Mariano's and numerous coffee shops are a couple blocks away along with a selection of bars and restaurants and fitness centers. Just a few blocks from the Bloomingdale "606" trail, 1 block off North Ave, few blocks from Division St, and in the middle of 4 parks including Walsh Park and Wicker Park. BURR ELEMENTARY! Short distance to Damen & Division blue line stop, the North Ave & Ashland buses, and just one block from a Divvy. Super easy 90/94 access. Come fall in love with the possibilities and experience everything these hot Chicago neighborhoods have to offer!

MLS# 11714180Listed February 7, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Total Rooms10

Size & Structure

Garage Spaces2
Year Built1878
Lot Size0.100 acres

Location

CountyCook
TownshipWest Chicago
Zip Code60622

Financial

List Price$700,000
Annual Taxes (2021)$13,407
Monthly Tax Est.$1,117
Parcel #17062040280000
Interior Features

Heating

Natural GasForced Air

Basement

UnfinishedPartial
Exterior & Lot

Construction

Vinyl SidingBrick

Patio & Porch

Patio
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

SidewalksStreet LightsStreet Paved
Schools
Elementary
Burr Elementary School
District: 299
Tax & Financial
Annual Taxes
$13,407
Tax Year 2021
Monthly Tax Est.
$1,117
per month
Property Location

1622 Pierce Avenue, Chicago, IL 60622Cook County

$700,000
1622 Pierce Avenue
4 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
21 days on market
2-car garage
0.100 acres
$13,407/yr taxes
$4,796
estimated monthly payment
Principal & Interest
$3,679/mo
Property Tax
$1,117/mo
$700,000
20% — $140,000
3%50%
6.875%
3%12%
Loan Amount
$560,000
Down Payment
$140,000

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

Listed by
Dream Town Realty
Agent: Loreal Urso
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