4106-08 South Lake Park Avenue
$574,000
3
3
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Open: 9/22 11:00AM - 12:30PM
Description
On the Confluence of the Shores of Lake Michigan in East Oakland on coveted Lake Park Ave. Storybook setting Exceptional Unicorn 1890's Brick Vintage 2 Flat Row Home PLUS NON CONFORMING (CODE WORD FOR NOT LEGAL) SEMI FINISHED GARDEN STUDIO APARTMENT set on Corner Double Lot. Absolutely flooded with natural light, open loft like floor plan, hardwood floors, soaring ceilings, separate GFA, H20, Individual Circuit breakers, Skylight, Stainless Steel Appliances, Herringbone patterned backsplash, individual...On the Confluence of the Shores of Lake Michigan in East Oakland on coveted Lake Park Ave. Storybook setting Exceptional Unicorn 1890's Brick Vintage 2 Flat Row Home PLUS NON CONFORMING (CODE WORD FOR NOT LEGAL) SEMI FINISHED GARDEN STUDIO APARTMENT set on Corner Double Lot. Absolutely flooded with natural light, open loft like floor plan, hardwood floors, soaring ceilings, separate GFA, H20, Individual Circuit breakers, Skylight, Stainless Steel Appliances, Herringbone patterned backsplash, individual washer/dryer in each unit, Updated bath with wainscotting tile. Full semi-finished nonconforming basement perfect for Duplexing, Live/Work, Extended Family, or future Airbnb. Whimsical Side Garden/Yard, Patio, Multiple decks and 2 car exterior parking pad. Generous zoning provides multiple paths of opportunity and offers diverse investment objectives without committing to a path upfront This is a perfect affordable user or hybrid development asset that is well located and checks all the boxes. Building is NOT landmark nor a landmark district. Zoning Certification is 2 legal units. Floorplans & survey available. Unit 1 is leased $1450 through 11/24. Unit 2 is vacant and projected at $1500.00. The Garden Studio Unit is NOT legal, semi finished, vacant and projected at $850.00. 2 pins total tax bill $5257.61. Building $4021.81/ Separate Lot $1235.80. This is an amazing opportunity for a savvy buyer. For Owner Occupants BOA Eligible buyers can get $10k down pmnt grant(3% up to $10k) on a 95% LTV. Also can get $7500 as closing cost grant. Max Income is $164,700. See brokers private remarks for other value insights.
- Listed by Karen Biazar • North Clybourn Group, Inc.
- Listed by Staci Slattery • North Clybourn Group, Inc.
Property Details for 4106-08 South Lake Park Avenue
Area
CHI - Oakland
SubdivisionBronzeville
TownshipHyde Park
OwnershipFee Simple
Num Of Parking Spaces2.0
Parking Included in PriceYes
Heat/FuelNatural Gas
Architectural StyleRow House
Open Houses
Sunday, Sep 22nd
11:00 AM - 12:30 PM
LISTING UPDATED: 09/04/2024 05:39 PM
Property Details for 4106-08 South Lake Park Avenue
Status | Active |
---|---|
MLS # | 12150678 |
Days on Market | 39 |
Taxes | $5,258 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Flat |
Year Built | 1890 |
Lot Size | 0.08 AC / 3,653 SF |
County | Cook County |
Building Information for 4106-08 South Lake Park Avenue
Stories-Residences3Year Built1890Building Size-Lot Size0.08 AC / 3,653 SF
Property Information for 4106-08 South Lake Park Avenue
Property History for 4106-08 South Lake Park 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.
Schools near 4106-08 South Lake Park Avenue
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 3 | |||
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | PK to 8 |
Rating | School | Distance |
---|---|---|
Robinson Elementary School PublicPK to 3 | ||
Fuller Elementary School PublicPK to 8 | ||
King College Prep High School Public9 to 12 | ||
Ariel Elementary Community Academy PublicPK 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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