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1116 W George Street, Chicago, IL 60657
$912,500
1116 W George Street, Chicago, IL 60657View this property at 1116 W George Street, Chicago, IL 60657
1116 W George StreetChicagoIL60657
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Property Description
9/12 OPENHOUSE CANCELLED.Huge 2flat with 2 duplex units in Lakeview! This home generates great income for investors, and features a terrific owners unit for owner occupants! Top floor is a duplex up owner's unit with 3bedrooms and 3 bathrooms, and the first floor is a duplex down apartment with 3bedrooms and 2 baths! This property has been very well maintained with many recent updates including: new Hardie Board siding in 2019, new front porch in 2019, new back porch in 2018, new air conditioners in 2014 (unit #1) and 2018 (unit #2), new furnaces in 2016 (unit #1) and 2018 (unit #2), roof was a tear off in 2018, and the windows were replaced in 2014! The duplex up owner's unit is currently vacant and has just been renovated with new carpet, new paint throughout, hardwood floors refinished, cabinets painted, and new lighting. The living room has a dramatic cathedral ceiling with super tall south facing windows, a wood burning fireplace, and a formal dining area. The kitchen has freshly painted white cabinets, is open to a large eat-in area that will easily fit a table for 6, and has a door to a deck for easy grilling access! There is also a full bathroom and a bedroom on the main level of this unit. The top level of the owner's unit has a primary bedroom with cathedral ceilings, gas fireplace, huge walk-in closet, and a large en-suite primary bathroom with marble tile, an extra wide double vanity, deep soaking tub, and a skylight. This top level has another full bathroom, the 3rd bedroom with a door to another deck, a utility room with a stackable washer/dryer, and a great skylight in the stairs for tons of natural light! The main level of the first floor apartment features a large living/dining area, 2bedrooms, a full bathroom, and a spacious eat-in kitchen with deck; the lower level of this unit has a large family room/3rd bedroom with an en-suite full bathroom. The first floor unit has access to it's own washer/dryer in the basement. Both units have their own central air, gas forced heat, and laundry. Tenants pay their own electric and gas/heat. The back yard is a charming brick paved patio and there is a great roof deck on top of the garage! The garage is currently rented month to month for $300 (not included in the rent for the first floor unit). There is ample storage in the unfinished section of the basement. Perfect Lakeview location! Close to Red/Purple/Brown lines and many bus lines. Enjoy countless dining options on Diversey, Belmont, Sheffield, Halsted, or Lincoln Ave! Close to Lake Michigan and the Lake Front Path! A great location and always easy to find tenants!
Full Property Details
Full Property Details for 1116 W George St
General
- Sold For: $912,500
- Taxes: $16,198 (2019)
- Status: Closed
- Type: Multi-Family
- MLS ID: 10845897
- Added to Site: 1, 345 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 5
- Full Bathrooms: 5
- Bathroom Features: Whirlpool, Double Sink
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: Commuter Bus, Commuter Train
Exterior
- Exterior Features: Balcony, Deck, Patio, Roof Deck
Parking
- Garage: Yes
- Garage Ownership: Owned
- Garage Spaces: 2
- Number of Cars: 2
- Parking Type: Garage
- Garage Description: Garage Door Opener(s)
Location
- Area: CHI - Lake View
- County: Cook
- Driving Directions: From Diversey - North on Racine Ave, East on George St
School Information
- School District: 299
- Midd School District: 299
- Elementary School: Agassiz Elementary School
- Middle School: Agassiz Elementary School
- High School: Lincoln Park High School
Heating & Cooling
- Heating Type: Natural Gas, Forced Air, 2 (or More) Separate Heating Systems, Individual Controls
Utilities
- Water: Lake Michigan
Structural Information
- Architectural Style: Victorian
- Exterior Const.: Cedar, Frame, Fiber Cement
- Basement Desc.: Full
- Year Built: 1890
- Built Before 1978: Yes
- Remodeled/Updated: 2020
Unit Information
- Units in Building: 2
- Unit Location: 16440
Unit 1
- Level: 1
- Bedrooms: 3
- Tenant Pays: Electricity, Gas, Heat
Unit 2
- Level: 2
- Bedrooms: 3
- Tenant Pays: Electricity, Gas, Heat
Lot Features
- Lot Size Range: Standard Chicago Lot
- Lot Dimensions: 25 x 125
- Lot Features: Fenced Yard
- Zoning: MULTI
Financial Considerations
- Parking Included: Yes
- Tax Amount: $16,198.11
- Tax Year: 2019
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 14292190340000
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Schools
Schools serving 1116 W George St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2851 N Seminary Ave Ste 1, Chicago, IL 60657 | PK-8 | 0.1 mi | |
2001 N Orchard St, Chicago, IL 60614 | 9-12 | 1.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1116 W George St
Date
Details
Price
Change
Source
10/23/2020
Sold
$912,500
-1.35%
MLS
9/03/2020
Listed
$925,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1116 W George Street, Chicago, IL 60657 (MLS# 10845897) is a Multi-Family property that was sold at $912,500 on October 23, 2020. This property was listed by Stephanie Cutter from our Lincoln Park Office.Want to learn more about 1116 W George Street? Do you have questions about finding other Multi-Family real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.