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3414 W Irving Park Road, Chicago, IL 60618
$2,849,000
3414 W Irving Park Road, Chicago, IL 60618View this property at 3414 W Irving Park Road, Chicago, IL 60618
3414 W Irving Park RoadChicagoIL60618
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Property Description
This property has a huge upside with minimal work. Long term owner with below market rents that can be substantially increased. The property consists of 16 residential units of which 10 have been remodeled within the last 2 years. 5 stores are all rented. 2 warehouse units in the back total around 6,300 square feet can be utilized for many different businesses. The warehouses connect to one of the front stores and can potentially be used as a showroom in the store and storage in the warehouse. Separate heating and tenants pay all of their utilities. This building has been historically at 100% occupancy for years. Located on Irving Park Rd. (route 19), this property is close to I90 as well as public transportation.
Full Property Details
Full Property Details for 3414 W Irving Park Rd
General
- Price: $2,849,000
- Taxes: $33,254 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12009949
- Updated: 4/2/2024
- Added to Site: 31 day(s) ago
Location
- Area: CHI - Irving Park
- County: Cook
- Township: Jefferson
- Driving Directions: Irving Park Rd. West of Kimball
Heating & Cooling
- Heating Type: Forced Air
Utilities
- Trash: 4120
- Onsite: Sanitary Sewer, Municipal Water, Cable Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Year Built: 1928
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 16
- Units w/Range/Oven: 16
Lot Features
- Lot Size (Sq. Ft.): 11,700
- Lot Dimensions: 100 x 117
- Frontage: City Street
Financial Considerations
- Insurance Fee: $16,000
- Operating Expenses: $72,824
- Other Fee: $1,000
- Assessment Year: 1928
- Tax Amount: $33,254
- Tax Year: 2022
- Tenant Pays: Electricity, Heat
- Pays Electric: 2600
- Pays Trash: 4120
Disclosures and Reports
- Property ID: 13144270380000
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Schools
Schools serving 3414 W Irving Park Rd
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
3539 W Grace St, Chicago, IL 60618 | PK-8 | 0.4 mi | |
3436 W Wilson Ave, Chicago, IL 60625 | 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 3414 W Irving Park Rd
Date
Details
Price
Change
Source
3/27/2024
Listed
$2,849,000
—
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 3414 W Irving Park Rd
Year
Property Taxes
Change
Tax Assessment
Change
2022
$33,253
2%
$153,368
—
2021
$32,467
10%
$153,368
16%
2020
$29,434
11%
$131,672
—
2019
$26,543
2%
$131,672
—
2018
$26,094
3%
$131,672
12%
2017
$25,321
7%
$117,236
—
2016
$23,560
9%
$117,236
—
2015
$21,558
4%
$117,236
5%
2014
$20,807
2%
$111,733
—
2013
$20,396
2%
$111,733
—
2012
$20,050
—
$111,733
—
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 3414 W Irving Park Rd
3414 W Irving Park Road, Chicago, IL 60618 (MLS# 12009949) is a Commercial property. 3414 W Irving Park Road is currently listed for $2,849,000 and was received on March 27, 2024. Want to learn more about 3414 W Irving Park Road? Do you have questions about finding other Commercial real estate for sale in Irving Park? You can browse all Irving Park real estate or contact a Coldwell Banker agent to request more information.