3572 West Cortland Street

Chicago, IL 60647

$1,895,000
Price
18
Beds
10
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Presenting 3572 West Cortland Avenue FOR SALE. A rehabbed, center-entrance, legal 9-unit. 7 units in the front and 2 units in the coach house on an oversized lot. With potential for capital improvements, it's a turnkey investment primed for value appreciation. Each unit combines modern convenience with historic charm, providing tenants with the best of both worlds. This property's prime location, within walking distance to dining, shopping, the "606 trail", and entertainment, ensures strong rental...Presenting 3572 West Cortland Avenue FOR SALE. A rehabbed, center-entrance, legal 9-unit. 7 units in the front and 2 units in the coach house on an oversized lot. With potential for capital improvements, it's a turnkey investment primed for value appreciation. Each unit combines modern convenience with historic charm, providing tenants with the best of both worlds. This property's prime location, within walking distance to dining, shopping, the "606 trail", and entertainment, ensures strong rental demand. Don't miss this opportunity to secure a reliable and attractive addition to your investment portfolio in one of Chicago's most sought-after neighborhoods.
  1. Listed by Alexander Summers • Triton Realty Group LLC

Property Details for 3572 West Cortland Street

Area
CHI - Logan Square
Township
Lake View
Zoning
MULTI

Location

Listing Courtesy of Triton Realty Group LLC
Add your commute
LISTING UPDATED: 05/14/2024 12:07 AM

Property Details for 3572 West Cortland Street

StatusActive
MLS #12050705
Days on Market12
Taxes$13,144 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1914
Lot Size0.15 AC / 6,534 SF
CountyCook County

Location

Listing Courtesy of Triton Realty Group LLC
Add your commute

Building Information for 3572 West Cortland Street

Stories-Residences9Year Built1914Building Size-Lot Size0.15 AC / 6,534 SF

Payment Calculator

$11,437 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,342

Property Taxes

$1,095

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3572 West Cortland Street

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
  • Open Parking Spaces: 6.0
Location and General Information
  • Information: Show-Call Listing Office,48-Hr Notice Required,Other-See Remarks
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Heat/Ventilation: Forced Air,Gas,Separate Per Unit
  • Num of Baths: 10.0
Property/Lot Information
  • Tenant Pays: Electricity, Heat, Hot Water
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 50 X 138
  • Stories: 3
  • Exterior Building Type: Brick
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 21
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 9
Income & Expenses
  • Electric Expense: $2,296.00
  • Fuel Expense: $.00
  • Gross Income: $193,560.00
  • Gross Scheduled Income: $185,340.00
  • Insurance Expense: $10,769.00
  • Maintenance Expense: $4,500.00
  • Janitor Expense: 1700
  • Total Monthly Income: 15445
  • Net Operating Income: $125,112.00
  • Operating Expense: $58,770.00
  • Other Expense: $.00
  • Trash Expense: $5,568.00
  • Water Sewer Expense: $3,028.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • 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: 7
Unit 3
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
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 3572 West Cortland Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 3572 West Cortland Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 7 to 12
Charter - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Funston Elementary School
PublicPK to 8

Marine Leadership Academy - Ames
Public7 to 12

Pritzker College Prep
Charter9 to 12

Aspira Charter Schools
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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3572 West Cortland Street is a multi-family home for sale in Chicago, IL 60647. This property was listed for sale on May 8, 2024 by Triton Realty Group LLC, it's currently listed at $1,895,000. It has been on the market for a total of 12 days and was last sold on April 17, 2017. This listing's school district is City Of Chicago School District 299. Nearby schools include Funston Elementary School, Marine Leadership Academy - Ames and Pritzker College Prep. 3572 West Cortland Street is a 18-bed, 10-bath, multi-family home built in 1914.

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. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Triton Realty Group 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 05/14/2024 12:07 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.