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1442 N Paulina Street

Chicago, IL 60622
  • $1,200,000
  • STATUS: Closed
  • ON SITE: 478 Days
  • MLS #: 11728073
Sold - 08/31/2023
$1,200,000
SOLD - 08/31/2023
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Fantastic opportunity to own this fully rented 5 unit building in A+ Wicker Park location. An owner investment opportunity with stabilized rents and potential for increases. Unit mix is made up of (3x) 1 Bed + den/1 Bath and (2x) 2 Bed/2 Bath layouts. Each unit features hardwood floors, high ceilings, and great natural light. Large communal courtyard between front and rear buildings. The recently built Coachhouse (2020) has two duplex units which include in-unit laundry, spacious bedrooms, and plentiful closets. This can be a great armchair investment with over $120,000 in gross income per year. This property is located in the heart of Wicker Park near public transit, the highway, and Jewel Osco. Just steps away from Milwaukee Ave shops & dining.

Sold by NON MEMBER.

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© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-06-22T21:01:55.657 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1442 N Paulina Street Chicago, IL 60622

  • Price: $1,295,000
  • Status: Closed
  • On Site: 478 Days
  • Updated: 47 min ago
  • MLS #: 11728073
0
Beds
0
Baths
0
½ Baths
0.05
Acres
Neighborhood:
Chi - West Town
County:
Cook
Area:
Chi - West Town
Property Description
Fantastic opportunity to own this fully rented 5 unit building in A+ Wicker Park location. An owner investment opportunity with stabilized rents and potential for increases. Unit mix is made up of (3x) 1 Bed + den/1 Bath and (2x) 2 Bed/2 Bath layouts. Each unit features hardwood floors, high ceilings, and great natural light. Large communal courtyard between front and rear buildings. The recently built Coachhouse (2020) has two duplex units which include in-unit laundry, spacious bedrooms, and plentiful closets. This can be a great armchair investment with over $120,000 in gross income per year. This property is located in the heart of Wicker Park near public transit, the highway, and Jewel Osco. Just steps away from Milwaukee Ave shops & dining.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Parking Total 0 Roof Composition Roof Structure Pitched

Interior Features

Heat Ventilation Forced AirGas

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN No Electric Circuit Breakers Financing Other Gross Income 10400 Gross Scheduled Income 124800 Insurance Expense 7755 Maintenance Expense 3740 Mls Actual Status Closed Net Operating Income 70427 Operating Expense 54373 Possible Use Multi-Family Short Sale Not Applicable Tax Annual Amount 30665 Tax Year 2021 Tenant Pays ElectricityHeat Total Monthly Income 10400 Township West Chicago Type Multi Family 5+ Zoning Multi

Listing information © 2024 Midwest Real Estate Data LLC.
Listing provided courtesy of Fulton Grace Realty: 773-698-6648.


© 2024 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Jasinski Home Team | Berkshire Hathaway HomeServices Chicago. Based on information submitted to the MRED as of 2024-06-22T21:01:55.657 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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