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2645 W Greenleaf Avenue

Chicago, IL 60645
  • $1,450,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 11790988
UPDATED: 84 min ago
$1,450,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

Introducing 2643-45 W. Greenleaf Ave., a meticulously maintained seven-unit apartment building located in the Indian Boundary Park area of Chicago's West Ridge community. Under the same ownership for over 43 years, this center entrance building, originally constructed in 1925 as luxury residences, has been thoughtfully modernized while preserving its vintage charm. The unit mix includes five spacious 2 bed / 1 bath layouts, an exquisite 3 bed / 2 bath duplex, and a 1 bed / 1 bath garden apartment. Each above grade unit offers refinished hardwood floors, formal dining rooms, corean countertops, dishwashers, in-unit laundry, and private wood balconies. The property features six dedicated parking spaces, enhancing convenience for residents and generating additional income. The duplex unit, previously occupied by the owner, offers luxurious amenities such as a hot tub, steam room, fireplace, and private gated terrace. Recent improvements include individual boilers for customized heating, separately metered electric with a 400AMP main service, and new Rheem hot water tanks installed in May 2023. Notable upgrades also include a tear-off roof completed eight years ago, copper plumbing throughout, and recently replaced Pella windows. With the potential to increase rents and the option for owner-occupancy, this property presents an exceptional investment opportunity. Experience a remarkable blend of desirable features, recent enhancements, and the promise of substantial rental income or owner-occupied attractiveness at 2643-45 W. Greenleaf Ave.

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© 2023 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 2023-06-08T11:01:09.317 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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2645 W Greenleaf Avenue Chicago, IL 60645

  • Price: $1,450,000
  • Status: Active
  • On Site: 14 Days
  • Updated: 84 min ago
  • MLS #: 11790988
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1925
Built
Neighborhood:
Chi - West Ridge
County:
Cook
Area:
Chi - West Ridge
Property Description
Introducing 2643-45 W. Greenleaf Ave., a meticulously maintained seven-unit apartment building located in the Indian Boundary Park area of Chicago's West Ridge community. Under the same ownership for over 43 years, this center entrance building, originally constructed in 1925 as luxury residences, has been thoughtfully modernized while preserving its vintage charm. The unit mix includes five spacious 2 bed / 1 bath layouts, an exquisite 3 bed / 2 bath duplex, and a 1 bed / 1 bath garden apartment. Each above grade unit offers refinished hardwood floors, formal dining rooms, corean countertops, dishwashers, in-unit laundry, and private wood balconies. The property features six dedicated parking spaces, enhancing convenience for residents and generating additional income. The duplex unit, previously occupied by the owner, offers luxurious amenities such as a hot tub, steam room, fireplace, and private gated terrace. Recent improvements include individual boilers for customized heating, separately metered electric with a 400AMP main service, and new Rheem hot water tanks installed in May 2023. Notable upgrades also include a tear-off roof completed eight years ago, copper plumbing throughout, and recently replaced Pella windows. With the potential to increase rents and the option for owner-occupancy, this property presents an exceptional investment opportunity. Experience a remarkable blend of desirable features, recent enhancements, and the promise of substantial rental income or owner-occupied attractiveness at 2643-45 W. Greenleaf Ave.
Exterior Features

Outdoor Parking 6-12 Spaces Parking Total 6 Roof Structure Flat

Interior Features

Heat Ventilation Hot WaterBaseboard

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Current Use Multi-Family Electric Separate MetersService - 201 To 600 Amps Gross Income 137520 Gross Scheduled Income 141120 Insurance Expense 3600 Maintenance Expense 1750 Mls Actual Status Active Net Operating Income 98011 Operating Expense 36052 Tax Annual Amount 18902 Tax Year 2021 Tenant Pays ElectricityHeat Total Monthly Income 11760 Township North Chicago Type Multi Family 5+ Zoning Multi

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Essex 312, Llc: 630-485-8685.


© 2023 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 2023-06-08T11:01:09.317 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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