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2631 W Division Street, Chicago, IL 60622
$1,099,999
2631 W Division Street, Chicago, IL 60622View this property at 2631 W Division Street, Chicago, IL 60622
2631 W Division StreetChicagoIL60622
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Property Description
Mixed Use 5 Units stone building in East Humboldt Park. 3-story building consists: 1 Storefront- currently vacant (2,300 Sq Ft.) and 4 ( four) residential apartments currently all occupied by tenants with leases. Each apartment has its Individual furnace, hot water tank and has oak floors throughout. Store front has Gfa/Ac. Full unfinished basement space. Quite a few recent improvements: Newer porch (2019). Downspout and gutters (2019). Newer rubber roof (2014)- flashing was done Approx. 2 years ago. New tuck pointing and whole front of the building stucco was conservated and painted just the LAST YEAR (2023) w/ city permit. Furnace (Approx. 2016). Hot water tank (Approx. 2016). Some plumbing updated. Per the owner: there is no plaster on the most of walls. Total income $ 102,000. Full basement has unfinished space (not that high basement) with sump pump, gas meters and 6 electric boxes and meters as seen on photo. 2 parking spots in the rear of the building (currently 1 spot included in rent and the other can be used for extra income). Great for investor or owner occupied *** Unit # 3F was just rented out for $ 1,650 with a lease thru the next year *** Rent Roll can be made available upon request ***
Full Property Details
Full Property Details for 2631 W Division St
General
- Price: $1,099,999
- Taxes: $16,056 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12004526
- Updated: 4/24/2024
- Added to Site: 41 day(s) ago
Parking
- Parking Features: 1 to 5 Spaces
Location
- Area: CHI - West Town
- County: Cook
- Township: West Chicago
- Driving Directions: West of Western Ave to W Division St to 2631
- Location Details: Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Trash: 2607
Structural Information
- Construction: Brick, Stone
- Exterior Const.: Stone, Limestone
- Stories/Levels: 3
- Square Feet: 6,900
- Current Bldg. Use: Multi-Family
- Year Built: 1888
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 4
- Units w/Range/Oven: 4
Lot Features
- Lot Size (Sq. Ft.): 3,000
- Lot Dimensions: 25 x 125
- Frontage: City Street
- Potential Use: Commercial, Condominium
- Zoning: COMMR
Financial Considerations
- Insurance Fee: $3,869
- Operating Expenses: $11,843
- Assessment Year: 1888
- Tax Amount: $16,056
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat
- Pays Electric: 588
- Pays Trash: 2607
Disclosures and Reports
- Property ID: 16014010110000
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Schools
Schools serving 2631 W Division St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2450 W Rice St, Chicago, IL 60622 | PK-8 | 0.5 mi | |
1147 N Western Ave, Chicago, IL 60622 | 9-12 | 0.4 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 2631 W Division St
Date
Details
Price
Change
Source
4/17/2024
Price Reduced
$1,099,999
-2.22%
MLS
3/18/2024
Listed
$1,125,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2631 W Division St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$16,455
2%
$80,000
—
2021
$16,087
40%
$80,000
55%
2020
$11,504
-2%
$51,641
-12%
2019
$11,790
2%
$58,684
—
2018
$11,592
7%
$58,684
17%
2017
$10,803
7%
$50,182
—
2016
$10,051
9%
$50,182
—
2015
$9,196
28%
$50,182
29%
2014
$7,212
2%
$38,869
—
2013
$7,069
1%
$38,869
—
2012
$6,975
—
$38,869
—
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 2631 W Division St
2631 W Division Street, Chicago, IL 60622 (MLS# 12004526) is a Commercial property. 2631 W Division Street is currently listed for $1,099,999 and was received on March 18, 2024. This property is listed by Jacek Piktel from our Lincoln Park Office.Want to learn more about 2631 W Division Street? 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.