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226 E 48th Street, Chicago, IL 60615
$2,050,000
226 E 48th Street, Chicago, IL 60615View this property at 226 E 48th Street, Chicago, IL 60615
226 E 48th StreetChicagoIL60615
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Property Description
This amazing new construction project has just been finished and ready for savvy investors! The building features 6 spacious units: 4 simplex units with 2 bed/2 bath and 2 duplex down units with 4 bed/3 bath, family room. Each unit has large kitchens with quartz counters, stainless steel appliances, peninsula, in-unit washer dryer, private storage units, assigned parking. Each unit has high efficient furnaces and tankless water heaters. The certificate of occupancy has been issued and the building is ready to occupy.
Full Property Details
Full Property Details for 226 E 48th St
General
- Price: $2,050,000
- HOA FEE: $500
- Taxes: $2,371 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 11959083
- Updated: 4/5/2024
- Added to Site: 112 day(s) ago
Interior
- Interior Features: Storage Inside
Additional Information
- Security/Safety: Smoke or Fire Protectors
Location
- Area: CHI - Grand Boulevard
- County: Cook
- Driving Directions: From S Indiana Ave, turn East on 48th Street, and the property is to your left
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air, Gas
Utilities
- Trash: 960
Structural Information
- Construction: Brick, Block, Steel Siding, Stone
- Exterior Const.: Brick, Stone
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Square Feet: 10,000
- Year Built: 2023
Unit Information
- Units w/Refrigerators: 6
- Units w/Range/Oven: 6
- # Dryers: 6
Lot Features
- Lot Dimensions: 41 x 161
Financial Considerations
- Maint. Fee: $500
- Insurance Fee: $3,200
- Operating Expenses: $12,381
- Other Fee: $1,000
- Security Deposit: Smoke or Fire Protectors
- Assessment Year: 2023
- Tax Amount: $2,371
- Tax Year: 2022
- Tenant Pays: Electricity, Heat
- Pays Electric: 650
- Pays Trash: 960
Disclosures and Reports
- Property ID: 20101030300000
Listed by Pedestal Realty LLC
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Schools
Schools serving 226 E 48th St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
4415 S King Dr, Chicago, IL 60653 | PK-8 | 0.5 mi | |
244 E Pershing Rd, Chicago, IL 60653 | 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 226 E 48th St
Date
Details
Price
Change
Source
3/30/2024
Price Reduced
$2,050,000
-2.61%
MLS
3/08/2024
Price Increased
$2,105,000
0.24%
MLS
1/09/2024
Listed
$2,100,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 226 E 48th St
226 E 48th Street, Chicago, IL 60615 (MLS# 11959083) is a Commercial property. 226 E 48th Street is currently listed for $2,050,000 and was received on January 09, 2024. Want to learn more about 226 E 48th Street? Do you have questions about finding other Commercial real estate for sale in Grand Boulevard? You can browse all Grand Boulevard real estate or contact a Coldwell Banker agent to request more information.