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1748 W North Avenue, Chicago, IL 60622
$4,400,000
1748 W North Avenue, Chicago, IL 60622View this property at 1748 W North Avenue, Chicago, IL 60622
1748 W North AvenueChicagoIL60622
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Property Description
Rarely available 7-unit elevator condo quality building in the heart of Bucktown. This well-maintained building is ready for the next investor to sit back and collect rent. Projected monthly gross income $29,641. Two commercial store front spaces with long term leases in place with leases ending in 2028. All residential units are 3 bedrooms, 2 bath condo quality units featuring large custom kitchen with granite countertops, stainless appliances, custom cabinets opening to living room and dining room. Three true bedrooms features primary bedroom with ensuite bathroom with double bowl stone countertops, and separate shower. Large second and third bedrooms along with updated second bath. Hardwood floors throughout. All units have separate HVAC, in-unit washer and dryer and all pay their own utilities. All residential finishes similar in all units. Unit 4W and 4E have interior unit stairs to access the private roof deck. Unit 3 is a full floor with huge front and rear terrace spaces to entertain. Unit 3 features three-bedroom, two full baths plus a half bath. Full floor unit 3 primary bath has double bowl sink, separate shower plus soaking tub. Photos are from unit 4W along with floorplan, 2W are identical to 4W. 2E, 4E units are the same as 4W layout just flipped. Unit 3 is a full floor see floorplan. Finishes in the building are all high end and similar throughout. Parking spaces in the rear of the building. A member of the LLC holds an Illinois real estate license. The listing broker is not a member of the LLC.
Full Property Details
Full Property Details for 1748 W North Ave
General
- Price: $4,400,000
- HOA FEE: $17,123
- Taxes: $57,309 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12035694
- Updated: 4/28/2024
- Added to Site: 11 day(s) ago
Interior
- Interior Features: Freight Elevator(s)
- Fireplace: Yes
- Number of Fireplaces: 5
Additional Information
- Security/Safety: Fire Extinguisher(s)
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: Ashland to North, West to Property
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual
- Heating Type: Forced Air, Gas
Utilities
- Trash: 4373
Structural Information
- Construction: Brick, Block
- Exterior Const.: Brick
- Stories/Levels: 4
- Year Built: 2011
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 5
- # Dryers: 5
Lot Features
- Lot Size (Sq. Ft.): 5,952
- Lot Dimensions: 48 x 124
- Zoning: COMMR
Financial Considerations
- Maint. Fee: $17,123
- Insurance Fee: $13,995
- Operating Expenses: $114,341
- Security Deposit: Fire Extinguisher/s
- Assessment Year: 2011
- Tax Amount: $57,309
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat
- Pays Electric: 2010
- Pays Trash: 4373
Disclosures and Reports
- Property ID: 14314280550000
Listed by @properties Christie's International Real Estate
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Schools
Schools serving 1748 W North Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
1621 W Wabansia Ave, Chicago, IL 60622 | PK-8 | 0.2 mi | |
936 N Ashland Ave, Chicago, IL 60622 | 9-12 | 0.8 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 1748 W North Ave
Date
Details
Price
Change
Source
4/22/2024
Listed
$4,400,000
37.5%
MLS
7/07/2016
Sold
$3,200,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1748 W North Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$57,309
2%
$271,000
—
2021
$56,017
3%
$271,000
15%
2020
$54,255
-6%
$236,233
-15%
2019
$57,613
2%
$278,119
—
2018
$56,670
92%
$278,119
109%
2017
$29,552
7%
$132,856
—
2016
$27,604
9%
$132,856
—
2015
$25,306
—
$132,856
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1748 W North Ave
1748 W North Avenue, Chicago, IL 60622 (MLS# 12035694) is a Commercial property. 1748 W North Avenue is currently listed for $4,400,000 and was received on April 22, 2024. Want to learn more about 1748 W North Avenue? Do you have questions about finding other Commercial real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.