3615 North Wilton Avenue
$3,900,000
19
15
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Compass Coming Soon
Description
TOTAL Gut Rehab/New Construction All-Brick 5-Unit Building in Prime East Lakeview! Each expansive, condo-quality unit is crafted with designer finishes and showcases a modern, open-concept floor plan that makes an impression. Key Features: * Spacious Condo-Quality Units: Generous floor plans with high ceilings, abundant natural light, and sleek hardwood floors throughout, including common areas. * Perfect for Roommates: Each bedroom is equally sized, comfortably fitting a queen bed and dresser. *...TOTAL Gut Rehab/New Construction All-Brick 5-Unit Building in Prime East Lakeview! Each expansive, condo-quality unit is crafted with designer finishes and showcases a modern, open-concept floor plan that makes an impression. Key Features: * Spacious Condo-Quality Units: Generous floor plans with high ceilings, abundant natural light, and sleek hardwood floors throughout, including common areas. * Perfect for Roommates: Each bedroom is equally sized, comfortably fitting a queen bed and dresser. * Gourmet Kitchen & Designer Finishes: Modern and stylish kitchens open into bright, airy living spaces, perfect for entertaining. * Luxurious Conveniences: Full-size front load washer/dryer in every unit, central A/C, individual furnaces, and a security intercom system for peace of mind. * Outdoor Living: Enjoy multiple outdoor spaces to soak in the city vibes. Rent Roll/Financials: 5,600 = 4 bed / 3 bath garden #G, 6,000 = 4 bed / 3 simplex #1, 6,200 = 4 bed / 3 bath simplex #2, 6,200 = 4 bed / 3 bath simplex #3, 5,000 = 3 bed / 3 bath penthouse #4, 700 = 3 Parking Spaces (rented 2 for 350 each), 29,700 = Monthly Rent, 6,650 = Annual Move-In Fees, TOTAL Annual Rental Income = 363,050, TOTAL Annual Operating Expenses = 73,445, NOI (prior to debt service) = 289,605, GRM = 10.9, CAP RATE = 7.4 Location Perks: Nestled in vibrant East Lakeview, you're walking distance to the lakefront, CTA Red Line, and all the restaurants, cafes, and entertainment that make this area one of Chicago's most desirable neighborhoods. Don't miss this rare investment opportunity-ideal for 1031 exchanges or any buyer looking for a great return on on their investment! You will not find anything else like this on on the market!!! Agent interest.
Listing Agents
Property Details for 3615 North Wilton Avenue
Area
CHI - Lake View
TownshipLake View
ZoningMULTI
LISTING UPDATED: 11/12/2024 02:19 PM
Property Details for 3615 North Wilton Avenue
Status | Active ( Private ) |
---|---|
MLS # | 12206392 |
Days on Market | - |
Taxes | $26,374 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Multi Family 5+ / Flats |
Year Built | 2024 |
Lot Size | 0.07 AC / 3,000 SF |
County | Cook County |
Building Information for 3615 North Wilton Avenue
Stories5Residences5Year Built2024Building Size-Lot Size0.07 AC / 3,000 SF
Property Information for 3615 North Wilton Avenue
Property History for 3615 North Wilton Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3615 North Wilton Avenue
Taxable ValueLand$45,000Additions$58,147Total$103,147
Tax Record2022$21,216 ($1,768 / month)
Home Facts
Baths5.5Total Finished SqFt4,121 SqFtAbove Grade Finished SqFt4,121 SqFtStories3Lot Size3,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1893CountyCOOKAPN14-20-229-013Fireplace TypeHas Fireplace
Schools near 3615 North Wilton 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 | |||
Public - | K to 8 |
Rating | School | Distance |
---|---|---|
Greeley Elementary School PublicPK to 8 | ||
Lake View High School Public9 to 12 | ||
Inter-American Elementary Magnet School PublicPK to 8 | ||
Hawthorne Elementary Scholastic Academy PublicK 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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