Closed

$1,299,000

2446 Orchard Street, Chicago, IL 60614
4 Beds2 Baths16 days
2446 Orchard Street·Chicago, IL 60614
4Bedrooms
2Bathrooms
1905Year Built
About This Home

Incredible opportunity to purchase this beautiful, classic Chicago Greystone on a standard Chicago lot on tree-lined Orchard Street in the heart of east Lincoln Park. This multi-unit building exudes timeless appeal and presents an exceptional investment opportunity or the potential for single-family home conversion. Excellent rent potential makes this an attractive option for your investment portfolio or for the live-in, owner occupied buyer (rent annually, air BNB). 2446 N. Orchard is a prime candidate for single family home conversion given it's RM-5 zoning for expansion, attractive curb appeal and location among neighboring luxury single family homes on both Orchard and Burling streets. Convert to the SFH of your dreams now or down the road - endless possibilities! This building is part of the Arlington-Deming district of landmarked homes; and has been lovingly maintained and improved by the same owners/family for more than 60 years. Inside, the units boast many charming original features, such as beautiful millwork, coffered ceiling details and built-in hutches, adding character and warmth to the space. Two separate, 2 bed/1 bath units plus a bonus garden level, partially finished studio apartment for additional income potential. A rear addition was added to the building expanding the footprint of each unit; both central heat and AC were added at this time to the rear half of each apartment (including one bedroom, bath, kitchen and rear family room). The top floor owner's unit has been newly rehabbed and offers a gracious floorplan with 2 bedrooms, 1 bath plus rear family room addition. The high first floor unit features an oversized 2 bedroom/1 bath floorplan plus rear family room addition. 2-car parking pad at rear of home. This A+ Lincoln Park location is walking distance to Chicago's beautiful lakefront, steps to Lincoln Commons, walking distance to DePaul University, Trader Joe's, the brown/purple & red line el trains and so much more. Alcott School District and Lincoln Park High School. This property represents a chance to secure a long-term asset in one of Chicago's most coveted neighborhoods, making it a truly enticing prospect for investors or those looking to create their dream home.

MLS# 11820236Listed July 6, 2023Residential Income
Property Details

Beds & Baths

Total Bedrooms4
Total Bathrooms2
Total Rooms13

Size & Structure

Year Built1905
Lot Size25X125

Location

CountyCook
TownshipNorth Chicago
Zip Code60614

Financial

List Price$1,299,000
Annual Taxes (2021)$26,006
Monthly Tax Est.$2,167
Parcel #14283120620000
Interior Features

Heating

Natural GasForced AirRadiator(s)Sep Heating Systems - 2+

Basement

Partially FinishedFull
Exterior & Lot

Construction

BrickLimestone

Foundation

Concrete Perimeter
Utilities & Parking

Sewer

Public Sewer

Water Source

Public

Parking

Off AlleyOn SiteOwned
Tax & Financial
Annual Taxes
$26,006
Tax Year 2021
Monthly Tax Est.
$2,167
per month
Property Location

2446 Orchard Street, Chicago, IL 60614Cook County

$1,299,000
2446 Orchard Street
4 bd2 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
16 days on market
25X125
$26,006/yr taxes
$8,994
estimated monthly payment
Principal & Interest
$6,827/mo
Property Tax
$2,167/mo
$1,299,000
20% — $259,800
3%50%
6.875%
3%12%
Loan Amount
$1,039,200
Down Payment
$259,800

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

Listed by
@properties Christie's International Real Estate
Agent: Megan Tirpak
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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