Address
2422 West Warner Avenue Chicago, IL
Price
$ 865,000
Property Attributes
  • MLS#10805908
  • TypeContingent
  • CountyCOOK
  • CityChicago
  • AreaCHI - North Center
  • NeighborhoodNorth Center
  • Zip60618
  • Style
  • Year Built1910
  • Taxes9947
  • Price$ 865,000
  • Bedrooms5
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
@properties
Property Description

Brick 5 flat on North Center in a 37 wide lot. This legal "L- shaped" 5 unit property has (3) 2 bed/1 baths in the front bldg (Garden, First and Second) and (2) 1 bed/1 baths (First and Second Floor) in the back... PLUS a 2 car garage This long term owner is ready to sell. The 3 front units are vacant and the 2 rear units are occupied and under rented on MTM leases at $825 and $900/mth. More of a "value added" Play vs a stabilized building. Being Sold As IS. With updates to the bldg and units rents are projected as follows : $1,750 for units 1F and 2F, $1,200 for Garden, $1,450 for 1R and 2R, $300 for Garage and $100 for Laundry. Projected rents and expenses post stabilization. Assuming $25,000 per unit investment and expenses @ 30% the bldg is a 6.7 CAP Post Rehab

Price History
8/4/2020 Listed $865,000

General Features

Age Older
Built Before 1978 Yes
Electric Expense 1200
Multi-Family Type Other
Other Expenses 8000
Status Contingent
Tax Year 2018
Taxes 9947
Total Annual Income 96000
Total Units 5
Year Built 1910

Interior Features

Board Number 8
Dryer(s) 1
Ranges 5
Refrigerators 5
Total Monthly Income 8000
Total Stories 3
Unit Type 1 Rooms 5
Unittype3bedstotal 1

Exterior Features

Lot Dimensions 37 X125
Number of Parking Spaces 2

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60618

Price
AVG $540K
$870K
Taxes
AVG $6,895
$9,947
Visits
AVG 43
45
Year Built
AVG 1959
1910
Walkscore
AVG 88
84
Data Provided by Walkscore ® not using MLS data