Closed

$550,000

1656 Olive Avenue, CHICAGO, IL 60660
6 Beds3 Baths7 days
1656 Olive Avenue·CHICAGO, IL 60660
6Bedrooms
3Bathrooms
1901Year Built
About This Home

ANDERSONVILLE 3-UNIT BUILDING on a QUIET TREE-LINED STREET. Sitting in one of CHICAGO'S HOTTEST NEIGHBORHOODS & close to absolutely everything, including the vibrant Clark Street Restaurants & Shops it doesn't get better than this for location! Three 2BR, 1 BATH apartments in a very easy to rent location. Building needs some updates but is extremely well priced for a 3-unit property in a great location. (Rents could be easily increased with cosmetic investments.) Could also be a candidate for single family conversion with many over $1 Million Dollar SFH sale prices in the immediate area. All this just blocks away from the soon-to-be new Edgewater Metra Station at Peterson, Ridge and Ravenswood and the soon-to-be new city park between Hollywood and Edgewater Streets.

MLS# 09501844Listed February 13, 2017Residential IncomeTraditional
Property Details

Beds & Baths

Total Bedrooms6
Total Bathrooms3
Total Rooms12

Size & Structure

Garage Spaces2
Year Built1901
Lot Size0.060 acres

Location

CountyCook
TownshipLAKE VIEW
Zip Code60660

Financial

List Price$550,000
Annual Taxes (2014)$5,890
Monthly Tax Est.$491
Parcel #14064100320000
Interior Features

Heating

Natural GasForced AirSteamSep Heating Systems - 2+

Basement

Partially FinishedPartial
Exterior & Lot

Construction

Vinyl Siding

Patio & Porch

Porch
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Garage Door OpenerOn SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

SidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$5,890
Tax Year 2014
Monthly Tax Est.
$491
per month
Property Location

1656 Olive Avenue, CHICAGO, IL 60660Cook County

$550,000
1656 Olive Avenue
6 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
7 days on market
2-car garage
0.060 acres
$5,890/yr taxes
$3,381
estimated monthly payment
Principal & Interest
$2,890/mo
Property Tax
$491/mo
$550,000
20% — $110,000
3%50%
6.875%
3%12%
Loan Amount
$440,000
Down Payment
$110,000

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

Listed by
Baird & Warner
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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