Closed

$699,000

871 Richmond Street, Chicago, IL 60622
8 Beds3 Baths51 days
871 Richmond Street·Chicago, IL 60622
8Bedrooms
3Bathrooms
1905Year Built
About This Home

Outstanding investment opportunity to acquire a meticulously maintained multi-unit property in the desirable East Humboldt Park area. This property features three units: two units have three bedrooms and one bathroom each, while the garden unit offers two bedrooms and one bathroom. While the building features vintage finishes, Unit 1 & 2 (pictured) boasts newer kitchen cabinets, granite countertops, ss appliances (inc dishwasher), backsplash, an updated bathroom, central AC (unit 1), in unit w/d, and more. Currently, two tenants are on month-to-month leases, providing flexibility for either an experienced investor or an owner interested in house hacking. The property includes a two-car garage and a dog-friendly backyard, ideal for relaxation. Located on a tranquil street with abundant parking, it's also within walking distance to numerous shops and restaurants. Tenants pay gas and electric while owner pays water and trash. Garden unit a is "non-conforming" unit.

MLS# 12105799Listed July 9, 2024Residential Income
Property Details

Beds & Baths

Total Bedrooms8
Total Bathrooms3
Total Rooms16

Size & Structure

Garage Spaces2
Year Built1905
Lot Size0.080 acres

Location

CountyCook
TownshipWest Chicago
Zip Code60622

Financial

List Price$699,000
Annual Taxes (2023)$11,713
Monthly Tax Est.$976
Parcel #16013240050000
Interior Features

Heating

Natural Gas

Basement

FinishedFull
Exterior & Lot

Construction

BrickStoneLimestone
Utilities & Parking

Sewer

Public Sewer

Water Source

Lake Michigan

Parking

Off SiteGarage OwnedDetachedGarage
Tax & Financial
Annual Taxes
$11,713
Tax Year 2023
Monthly Tax Est.
$976
per month
Property Location

871 Richmond Street, Chicago, IL 60622Cook County

$699,000
871 Richmond Street
8 bd3 ba
VL
Vittoria Logli
Top Glenview Agent

IL License 475.178467 · (847) 810-8438

Quick Facts
51 days on market
2-car garage
0.080 acres
$11,713/yr taxes
$4,650
estimated monthly payment
Principal & Interest
$3,674/mo
Property Tax
$976/mo
$699,000
20% — $139,800
3%50%
6.875%
3%12%
Loan Amount
$559,200
Down Payment
$139,800

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

Listed by
Landmark Property Management, Inc.
Agent: Jason Marcordes
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Listing Courtesy: MRED as distributed by MLS GRID | @properties Christie's International Real Estate

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