For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $775,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
Subdivision Andersonville
MLS Listing ID 12026493
Sold Date 05/30/24
Bedrooms 5
Year Built 1904
Annual Tax Amount $1,437
Tax Year 2021
Lot Size 3,920 Sqft
Lot Dimensions 3690
Property Description
APPRAISED AT ITS CURRENT CONDITION @$950,000. Welcome to your chance to own a piece of Andersonville history! This stunning brick 2-flat, nestled in the heart of the highly sought-after Andersonville community in Chicago, has never before been on the market. Sold "AS-IS," this property presents an extraordinary opportunity for savvy investors and vintage enthusiasts alike. Featuring two expansive 7+ room vintage units, this property offers the flexibility of generating impressive rental income or the potential for luxurious duplex living. Each unit boasts charming brick decorative fireplaces, hardwood trim and floors, soaring high ceilings, and exquisite stained glass windows. Enjoy the unique character of sunrooms and enclosed rear 3-season porches, perfect for relaxing or entertaining guests. Though in need of some TLC and deferred maintenance, the possibilities are limitless for transforming this stately residence into a show-stopping masterpiece. With a long-term tenant currently on a month-to-month lease, you have the option to retain stable rental income or embark on your renovation journey immediately. Situated in the highly desirable Lakewood Balmoral Historic District. The building itself spans 3878 sq. ft. with a full basement, providing abundant potential for value-added improvements. The first-floor unit features 2 bedrooms and 1 bath, while the second-floor unit offers 3 bedrooms and 1.5 baths. Both units include separate dining rooms, kitchens with storage pantries, decks, and sunrooms within the primary suites. Additionally, the attic presents an exciting opportunity to create a stunning primary bedroom retreat with your unique vision. Conveniently located within a leisurely stroll to all that Andersonville has to offer - from charming boutiques and eclectic dining options to serene parks and lakefront recreation. Plus, enjoy easy access to top-rated schools including Peirce School of International Studies, Sacred Heart, Northside Catholic Academy, Rogers Park Montessori, and Lysee Francais. Don't miss out on this incredible opportunity to own a piece of Andersonville's vibrant history and realize your vision for a dream home or lucrative investment. Bring your contractors, unleash your creativity, and make this diamond in the rough shine! Schedule your showing today. AS-IS sale.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Garage Detached
Garage Spaces 2.0
Waterfront false
View Y/N true
Roof Type Asphalt
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Peirce Elementary School Intl St
Middle Schools Peirce Elementary School Intl St
High Schools Senn High School
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with John Preston • Horvath & Tremblay IL, LLC
GET MORE INFORMATION
Greg Cirone
Managing Broker | License ID: 471003959
Managing Broker License ID: 471003959