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1418 W Blackhawk Street

Chicago, IL 60622
  • $1,599,000
  • STATUS: Active Under Contract
  • ON SITE: 223 Days
  • MLS #: 11767753
Under Contract
$1,599,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1876
County:

School Ratings & Info

Description

Stellar turn-key Wicker Park/Noble Square 2016 fully gut-rehabbed 7-unit multi-family investment property. 100% occupied, very easy to rent! Opportunity to increase rents! All HVAC, electric, plumbing and roof are from 2016. Building produces $163,620 in gross annual income. All units feature separately metered electric and gas, and have individual HVAC, in-unit laundry, stainless steel appliances, quartz countertops, modern finishes and solid hardwood flooring. Three 2 Bed/1 Bath units in front masonry building and four 1 Bed/1 Bath units in rear building. No basement units. Unfinished attic space currently used as tenant storage, plus additional separate landlord storage room! Unbeatable location that's walking distance to CTA blue line and bus, plus all of the wonderful restaurants and entertainment in Wicker Park and Bucktown. Easy highway access. Easy street parking. Across the street from park space, Pulaski Park fieldhouse and dog park.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2023-12-05T23:57:30.62 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1418 W Blackhawk Street Chicago, IL 60622

  • Price: $1,599,000
  • Status: Active Under Contract
  • On Site: 223 Days
  • MLS #: 11767753
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1876
Built
Neighborhood:
Chi - West Town
County:
Cook
Area:
Chi - West Town
Property Description
Stellar turn-key Wicker Park/Noble Square 2016 fully gut-rehabbed 7-unit multi-family investment property. 100% occupied, very easy to rent! Opportunity to increase rents! All HVAC, electric, plumbing and roof are from 2016. Building produces $163,620 in gross annual income. All units feature separately metered electric and gas, and have individual HVAC, in-unit laundry, stainless steel appliances, quartz countertops, modern finishes and solid hardwood flooring. Three 2 Bed/1 Bath units in front masonry building and four 1 Bed/1 Bath units in rear building. No basement units. Unfinished attic space currently used as tenant storage, plus additional separate landlord storage room! Unbeatable location that's walking distance to CTA blue line and bus, plus all of the wonderful restaurants and entertainment in Wicker Park and Bucktown. Easy highway access. Easy street parking. Across the street from park space, Pulaski Park fieldhouse and dog park.
Exterior Features

Exterior Building Type Vinyl SidingBrick Frontage Type City Street Parking Total 0 Roof Structure Pitched

Interior Features

Basement Crawl Cooling Central Air Fireplaces Total 0 Heat Ventilation Forced AirGasSeparate Per Unit Number Of Dishwashers 7 Number Of Dryers 7 Number Of Ranges 7 Number Of Washers 7

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - has seller written direction Current Use Multi-Family Electric Circuit BreakersSeparate Meters Gross Income 163620 Gross Scheduled Income 163620 Insurance Expense 4129 Maintenance Expense 3136 Mls Actual Status Contingent Net Operating Income 100439 Operating Expense 63181 Tax Annual Amount 38589 Tax Year 2021 Tenant Pays ElectricityHeat Total Monthly Income 13610 Township West Chicago Type Multi Family 5+ Zoning MULTI

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Kale Realty: 312-939-5253.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2023-12-05T23:57:30.62 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Chicago IL, 60611