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2647 W Cortez Street, Chicago, IL 60622
$870,000
2647 W Cortez Street, Chicago, IL 60622View this property at 2647 W Cortez Street, Chicago, IL 60622
2647 W Cortez StreetChicagoIL60622
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Property Description
Terrific opportunity to own a legal 3-flat uniquely set back on a charming, one-way, tree-lined street bursting with natural light and new construction all around in bustling West Town. The remarkable renovation of the top floor owner's unit makes this a perfect owner-occupied investment opportunity. Top floor features a phenomenal kitchen, solid core doors, new windows, a tankless HW heater, and modern floor stain. This solid blonde brick building has 100% copper plumbing and PVC waste lines, copper water service, and $25k of masonry work completed in 2022 (including all lintels, parapet walls, and the entire building tuckpointed). All three units have an open floorplan, central air/heat, 100-amp in-unit panels, big front windows, and in-unit W/D. Countless improvements have been made during the current ownership(see detailed list in additional info). The building really comes alive on the first floor with our Airbnb, "The Urban Bungalow," which has historically operated at 85% occupancy and provides a massive ROI with over $3,200 per month in cash flow. Enjoy the extra income from two front driveway parking spots equipped with EV charging. The location is fantastic, just steps away from the groovy California Corridor (including Spinning J's, Rootstock Wine, California Clipper, Signetore, and Chicago High School for the Arts) and a short walk to the 207-acre Humboldt Park. Don't sleep on this outstanding 3-flat with a proper owner's unit. This is the deal you have been waiting for! Broker owned/interest.
Full Property Details
Full Property Details for 2647 W Cortez St
General
- Sold For: $870,000
- Taxes: $11,061 (2021)
- Status: Closed
- Type: Multi-Family
- MLS ID: 11812899
- Added to Site: 343 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Additional Information
- Other Features: Commuter Bus
Parking
- Number of Cars: 2
- Total Spaces: 2
- Parking Features: Electric Vehicle Charging Station(s)
- Parking Type: Space(s)
- Parking On-Site: Yes
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: North on Western Ave & West on Cortez
School Information
- School District: 299
- Midd School District: 299
Heating & Cooling
- Heating Type: Natural Gas
Utilities
- Water: Lake Michigan
Structural Information
- Exterior Const.: Brick
- Basement Desc.: None
- Year Built: 1905
- Built Before 1978: Yes
- Remodeled/Updated: 2023
Unit Information
- Units in Building: 3
Lot Features
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 3125
Financial Considerations
- Assessment Year: 1905
- Tax Amount: $11,061.03
- Tax Year: 2021
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 16014130050000
Listed by @properties Christie's International Real Estate
Sold by Fitzgerald Real Estate Inc.
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Schools
Schools serving 2647 W Cortez St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
2450 W Rice St, Chicago, IL 60622 | PK-8 | 0.3 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 2647 W Cortez St
Date
Details
Price
Change
Source
8/31/2023
Sold
$870,000
-0.57%
MLS
7/11/2023
Price Reduced
$875,000
-2.67%
MLS
6/20/2023
Listed
$899,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2647 W Cortez Street, Chicago, IL 60622 (MLS# 11812899) is a Multi-Family property that was sold at $870,000 on August 31, 2023. Want to learn more about 2647 W Cortez Street? Do you have questions about finding other Multi-Family 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.