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3222 N Sheffield Avenue, Chicago, IL 60657
$1,775,000 Sale Pending
3222 N Sheffield Avenue, Chicago, IL 60657View this property at 3222 N Sheffield Avenue, Chicago, IL 60657
3222 N Sheffield AvenueChicagoIL60657
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Property Description
Well maintained and update story mixed-use building, operating as a Bed & Breakfast called the Old Chicago Inn with a much lauded "speakeasy" style Tavern in the lower level. The Inn has 9 guest rooms on 3 floors as currently configured. Third floor can be used as a 3-bedroom, 3 bath apartment for stable income, or long term rentals. The sale includes many antique furnishings and an a 1931 fully restored Chevrolet with a combined valuation over $170,000.
Full Property Details
Full Property Details for 3222 N Sheffield Ave
General
- Price: $1,775,000
- Taxes: $18,189 (2021)
- Status: Pending
- Type: Business
- MLS ID: 11788987
- Updated: 12/20/2023
- Added to Site: 370 day(s) ago
Business
- Name: OLD CHICAGO INN
- Business Type: Bed & Breakfast, Bar/Tavern/Lounge
- Years in Business: 11 or More
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: CHI - Lake View
- County: Cook
- Driving Directions: 1/2 block North of Belmont on Sheffield.
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Stories/Levels: 3
- Square Feet: 5,360
Lot Features
- Lot Size (Sq. Ft.): 2,975
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 25 x 120
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Operating Expenses: $102,085
- Tax Amount: $18,189
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Roof, Scavenger, Structure, Sewer, Varies by Tenant
Disclosures and Reports
- Property ID: 14204240350000
Listed by Kudan Group, Inc.
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Schools
Schools serving 3222 N Sheffield Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
3252 N Broadway St, Chicago, IL 60657 | PK-8 | 0.5 mi | |
4015 N Ashland Ave, Chicago, IL 60613 | 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 3222 N Sheffield Ave
Date
Details
Price
Change
Source
5/22/2023
Listed
$1,775,000
82.05%
MLS
5/17/2006
Sold
$975,000
—
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 3222 N Sheffield Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$42,598
2%
$200,000
—
2021
$41,720
130%
$200,000
155%
2020
$18,118
-7%
$78,493
-16%
2019
$19,511
-20%
$93,711
-22%
2018
$24,470
24%
$119,475
35%
2017
$19,704
8%
$88,500
—
2016
$18,313
13%
$88,500
4%
2015
$16,169
36%
$85,427
33%
2014
$11,865
2%
$64,360
—
2013
$11,638
1%
$64,360
—
2012
$11,520
—
$64,360
—
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 3222 N Sheffield Ave
3222 N Sheffield Avenue, Chicago, IL 60657 (MLS# 11788987) is a Business property. 3222 N Sheffield Avenue is currently listed for $1,775,000 and was received on May 22, 2023. Want to learn more about 3222 N Sheffield Avenue? Do you have questions about finding other Business real estate for sale in LakeView? You can browse all LakeView real estate or contact a Coldwell Banker agent to request more information.