1334 North Cleaver Street

Chicago, IL 60642

$1,400,000
Price
10
Beds
7
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

1334 North Cleaver Street presents an exceptional urban infill multifamily investment opportunity in Chicago's lively Wicker Park neighborhood. This 4,200 square foot property comprises three residential units, including a spacious 4-bedroom, 3-bathroom duplex and two 3-bedroom, 2-bathroom apartments. Each unit is outfitted with modern amenities such as stainless steel appliances, hardwood flooring, and in-unit laundry, following a comprehensive renovation in 2016. The property's prime location offers...1334 North Cleaver Street presents an exceptional urban infill multifamily investment opportunity in Chicago's lively Wicker Park neighborhood. This 4,200 square foot property comprises three residential units, including a spacious 4-bedroom, 3-bathroom duplex and two 3-bedroom, 2-bathroom apartments. Each unit is outfitted with modern amenities such as stainless steel appliances, hardwood flooring, and in-unit laundry, following a comprehensive renovation in 2016. The property's prime location offers tenants a vibrant urban lifestyle, with a diverse array of restaurants, bars, boutique shops, and cultural venues nearby. Just 0.4 miles away is the bustling intersection of Ashland Avenue, Division Street, and Milwaukee Avenue, home to a mix of national and local retailers like Jewel-Osco and Lowe's. Situated a mere 3 miles northwest of Chicago's central business district, the property boasts excellent connectivity. Residents can easily access downtown Chicago and other popular areas via major transit options. The CTA Blue Line station at Division Street is a short 0.4-mile walk, and several CTA bus routes (#9, #56, and #70) are conveniently located nearby. Additionally, the Kennedy Expressway is just 0.3 miles from the property.

Listing Agents

  1. Michael Max

    Michael Max

    Listing Agent

    Compass

    michael.max@compass.com

    P: (847)-323-4619

  2. Adam Max

    Adam Max

    Alternative Listing Agent

    Compass

    adam.max@compass.com

    P: (847)-361-3756

Property Details for 1334 North Cleaver Street

Area
CHI - West Town
Township
West Chicago
Ownership
Fee Simple
Num Of Parking Spaces
3.0
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI
LISTING UPDATED: 11/11/2024 04:29 PM

Property Details for 1334 North Cleaver Street

StatusContingent
MLS #12179583
Days on Market52
Taxes$23,066 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1992
Lot Size0.06 AC / 2,613 SF
CountyCook County

Building Information for 1334 North Cleaver Street

Stories-Residences3Year Built1992Building Size-Lot Size0.06 AC / 2,613 SF

Property Information for 1334 North Cleaver Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Unassigned, Off Alley
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 21
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 10
  • Basement Description: Finished
  • # Full Baths in Building: 7
  • # Half Baths in Building: 0
  • Num of Baths: 7.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2024
  • Built Before 1978: No
  • Age: 31-40 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 24 X 125
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Asphalt
  • General Information: None
  • North Coordinate: 1334
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1400
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 8
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $706.00
  • Fuel Expense: $600.00
  • Gross Income: $124,213.00
  • Insurance Expense: $2,448.00
  • Maintenance Expense: $2,500.00
  • Manager Expense: $4,969.00
  • Trash Expense Year: 2023
  • Net Operating Income: $74,052.00
  • Professional Management Expense: $2,740.00
  • Trash Expense: $342.00
  • Water Sewer Expense: $1,473.00
Unit 1
  • Unit Type Actual Rent: $3,695.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 9/25
Unit 2
  • Unit Type Actual Rent: $3,150.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 4/25
Unit 3
  • Unit Type Actual Rent: $3,020.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 9/25

Property History for 1334 North Cleaver Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1334 North Cleaver Street

Taxable ValueLand$18,000Additions$91,000Total$109,000
Tax Record2022$22,419 ($1,868 / month)
Home Facts
Baths4Total Finished SqFt4,656 SqFtAbove Grade Finished SqFt4,656 SqFtStories3Lot Size3,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1995CountyCOOKAPN17-05-117-038

Schools near 1334 North Cleaver Street

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - 6 to 12
Rating
School
Distance
Lozano Elementary Bilingual & Intl Center
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Rowe Elementary School
CharterK to 8

Noble Street College Prep
Charter6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/11/2024 04:29 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.