ClosedPrice Reduced

$700,000

$730,000
2717 Peterson Avenue, Chicago, IL 60659
5 Beds6 Baths36 days
2717 Peterson Avenue·Chicago, IL 60659
5Bedrooms
6Bathrooms
1928Year Built
About This Home

Building will not pass FHA self-sufficiency test. Arcadia Terrace offers a blend of modern comforts, historic charm, and potential for both residential and commercial use, making it a desirable investment opportunity in the vibrant Chicago real estate market. Modernized Living: 3rd floor unit boasts contemporary updates with 2 bedrooms and 1 1/2 baths. The renovations include new plumbing, electricals, drywall, paint, in-unit washer and dryer and all new appliances, ensuring a comfortable and convenient lifestyle for residents with central a/c, gas forced heat. Spacious and Versatile: The 2nd floor unit offers ample space with 3 bedrooms and 1 1/2 baths, complemented by an outdoor area adjacent to the dining space. This outdoor retreat adds a touch of tranquility to urban living. Historic Charm with Potential: The 1st floor, formerly a beloved restaurant that operated for 45 years, holds nostalgic charm and presents an exciting opportunity for a new venture. Its full basement offers versatility for various business endeavors. Enhanced Structural Integrity: Recent updates in 2021 include a new roof on the building, as well as renovations to the 2nd-floor porch and garage. Reinforced floor and new carpet on 1st floor. Some Tuckpointing on both the building and garage ensures structural integrity and longevity. The newly installed lentil on the second floor adds architectural interest and durability. Energy-Efficient Features: The installation of thermal windows on the second floor enhances energy efficiency and promotes sustainability, contributing to lower utility costs for residents. Convenient Parking: A spacious 2 and 1/2 car brick garage provides ample parking space, a coveted feature in urban settings like West Rogers Park Arcadia Terrace. Zoning B3-2 AGENT AND BUYER TO VERIFY ALL LISTING INFORMATION. THANK YOU FOR SHOWING. SOLD AS IS

MLS# 12067313Listed May 30, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms5
Total Bathrooms6
Total Rooms14

Size & Structure

Garage Spaces2
Year Built1928
Lot Size25X125

Location

CountyCook
TownshipNorth Chicago
Zip Code60659

Financial

List Price$700,000
Original Price$730,000
Annual Taxes (2021)$9,184
Monthly Tax Est.$765
Parcel #13014010030000
Interior Features

Heating

Natural Gas

Basement

UnfinishedFull
Exterior & Lot

Construction

Brick

Roof

Flat

Patio & Porch

DeckPorch
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

On SiteGarage OwnedDetachedGarage
HOA & Community

Community Features

CurbsSidewalksStreet LightsStreet Paved
Tax & Financial
Annual Taxes
$9,184
Tax Year 2021
Monthly Tax Est.
$765
per month
Price Reduced by $30,000
Original list price: $730,000
Property Location

2717 Peterson Avenue, Chicago, IL 60659 — Cook County

$700,000
2717 Peterson Avenue
5 bd6 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
36 days on market
2-car garage
25X125
$9,184/yr taxes
Price reduced $30,000
$4,444
estimated monthly payment
Principal & Interest
$3,679/mo
Property Tax
$765/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
Re/Max United
Agent: Christina Ezzo-Gonzalez
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