1532 North Western Avenue

Chicago, IL 60622

$1,250,000
Price
10
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fantastic opportunity to invest in this fully rented 6-unit brick building. Located in hot west Wicker Park. 3 units at the front of the building and 3 units at the back. Five of the units are 2 bed/1 bath and one unit is an open loft style space. Hardwood floors through. Coin laundry for additional income. Three parking spaces off the alley. Easy access to the Blue Line, bus stops shopping, bars, and restaurants.Fantastic opportunity to invest in this fully rented 6-unit brick building. Located in hot west Wicker Park. 3 units at the front of the building and 3 units at the back. Five of the units are 2 bed/1 bath and one unit is an open loft style space. Hardwood floors through. Coin laundry for additional income. Three parking spaces off the alley. Easy access to the Blue Line, bus stops shopping, bars, and restaurants.
  1. Listed by Thomas Gibbons • FairGreen Real Estate LLC

Property Details for 1532 North Western Avenue

Area
CHI - West Town
Township
West Chicago
LISTING UPDATED: 11/20/2024 10:16 AM

Property Details for 1532 North Western Avenue

StatusNew
MLS #12213308
Days on Market1
Taxes$12,016 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1893
Lot Size0.06 AC / 2,725 SF
CountyCook County

Building Information for 1532 North Western Avenue

Stories3Residences6Year Built1893Building Size-Lot Size0.06 AC / 2,725 SF

Property Information for 1532 North Western Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street, Alley Access
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • # Of Washers: 1
  • Basement Description: None
  • Heat/Ventilation: Central Heat/Indiv Controls,Forced Air
  • # Of Refrigerators: 6
  • # Of Dryers: 1
  • # Of Dishwashers: 5
  • Num of Baths: 6.0
Property/Lot Information
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 25X109
  • Stories: 3
  • # Of Ranges: 6
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 14
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $395.00
  • Fuel Expense: $850.00
  • Gross Income: $107,980.00
  • Gross Scheduled Income: $109,780.00
  • Insurance Expense: $4,500.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Broker Projection
  • Janitor Expense: 600
  • Manager Expense Source: AC
  • Trash Expense Source: Actual
  • Total Monthly Income: 9095
  • Water Expense Source: Actual
  • Net Operating Income: $87,700.00
  • Operating Expense: $22,080.00
  • Other Expense: $.00
  • Trash Expense: $1,575.00
  • Water Sewer Expense: $2,140.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 5
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 1532 North Western Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1532 North Western Avenue

Taxable ValueLand$2,464Additions$41,649Total$44,113
Tax Record2022$9,073 ($756 / month)
Home Facts
Beds0StyleCondominiumCountyCOOKAPN16-01-207-053-1003

Schools near 1532 North Western Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 8
Charter - K to 8
Rating
School
Distance
De Diego Elementary Community Academy
PublicPK to 8

Clemente Community Academy High School
Public9 to 12

Sabin Elementary Magnet School
PublicPK to 8

Erie Elementary Charter School
CharterK to 8

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.

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1532 North Western Avenue is a multi-family home for sale in Chicago, IL 60622. This property was listed for sale on November 19, 2024 by FairGreen Real Estate LLC, it's currently listed at $1,250,000. It has been on the market for a total of 1 days and was last sold on June 3, 2021. This listing's school district is Chicago Public Schools. Nearby schools include De Diego Elementary Community Academy, Clemente Community Academy High School and Sabin Elementary Magnet School. 1532 North Western Avenue is a 10-bed, 6-bath, multi-family home built in 1893.

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.

Listing Courtesy of FairGreen Real Estate LLC

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 11/20/2024 10:16 AM. 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.