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847 W Ainslie Street, Chicago, IL 60640
$1,500,000
847 W Ainslie Street, Chicago, IL 60640View this property at 847 W Ainslie Street, Chicago, IL 60640
847 W Ainslie StreetChicagoIL60640
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Property Description
Classic Chicago 6 Unit in the Uptown neighborhood! Extremely huge vintage units consisting of 2 & 3 bedrooms with 2 baths each waiting for updates or great opportunity for condo conversion. Units are approximately about 1200 sqft each. The 2 bedroom units can easily be converted to 3 bedrooms. Unfinished basement approxiamtley 8 feet tall. Long time ownership. Property needs work and current tenants are month to month with low rents. Currently 3 rented with 2 vacant. Owners have never raised rent. For the area rents can be extremely a lot higher. Property sits in amazing location close to the lake, park, and transportation. Best of both Uptown and Edgewater being near Margate Park, Foster Beach and bike trails. Sellers selling As-Is. MULTIPLE OFFERS RECEIVED H&B Due Aug 24th at 3pm.
Full Property Details
Full Property Details for 847 W Ainslie St
General
- Sold For: $1,500,000
- Taxes: $13,502 (2021)
- Status: Closed
- Type: Commercial
- MLS ID: 11859871
- Added to Site: 292 day(s) ago
Interior
- Interior Features: Skylight(s), Laundry Room, Workshop Area (Interior)
- Fireplace: Yes
Parking
- Parking Features: Fee Parking, Parking-Street
Location
- Area: CHI - Uptown
- County: Cook
- Driving Directions: Foster (5200N) to Marine Dr (610N), South to Ainslie (4900N) West to Address.
- Location Details: In City Limits
Community
- Assoc. Fees Include: None
Heating & Cooling
- Cooling Type: None
- Heating Type: Hot Water, Radiators
Structural Information
- Construction: Brick
- Foundation: Concrete Perimeter
- Stories/Levels: 3
- Year Built: 1915
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 5
- Units w/Range/Oven: 6
- # Dryers: 5
Lot Features
- Lot Dimensions: 60 x 110
- Frontage: City Street
- Potential Use: Condominium
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $40,901
- Assessment Year: 1915
- Tax Amount: $13,502
- Tax Year: 2021
- Tenant Pays: Electricity, Other
Disclosures and Reports
- Property ID: 14084170150000
Listed by Greater Chicago Real Estate Inc.
Sold by Compass
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Schools
Schools serving 847 W Ainslie St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
4865 N Sheridan Rd, Chicago, IL 60640 | PK-8 | 0.1 mi | |
5900 N Glenwood Ave, Chicago, IL 60660 | 9-12 | 1.4 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 847 W Ainslie St
Date
Details
Price
Change
Source
10/20/2023
Sold
$1,500,000
3.45%
MLS
8/17/2023
Listed
$1,450,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
847 W Ainslie Street, Chicago, IL 60640 (MLS# 11859871) is a Commercial property that was sold at $1,500,000 on October 20, 2023. Want to learn more about 847 W Ainslie Street? Do you have questions about finding other Commercial real estate for sale in Uptown? You can browse all Uptown real estate or contact a Coldwell Banker agent to request more information.