Chicago, IL 60610,1502 N CLEVELAND AVE
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Chicago, IL 60610,1502 N CLEVELAND AVE
Chicago, IL 60610,1502 N CLEVELAND AVE
Chicago, IL 60610,1502 N CLEVELAND AVE
Chicago, IL 60610,1502 N CLEVELAND AVE

$975,000

Est. payment /mo

$995,000

2.0%
Est.Price: ?

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1502 N CLEVELAND AVE Chicago, IL 60610

5 Beds

4 Baths

SOLD DATE : 11/13/2020

Key Details

Sold Price $975,000

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Sold

Purchase Type For Sale

Subdivision Old Town

MLS Listing ID 10827631

Sold Date 11/13/20

Style Greystone

Bedrooms 5

Year Built 1895

Annual Tax Amount $22,272

Tax Year 2019

Lot Dimensions 25 X 123

Property Description

OLD TOWN-Investors delight SPACIOUS GRAY-STONE 3 UNITS w/beautiful curb appeal. Almost 5000 Sq Ft of living space, Lot (25x123), RT-5 Zoning. Building was gutted & rehabbed 30 years ago w/full replacement & improvements of structural, plumbing, electric & mechanic. **1st fl, owner occupied, is dplx down, almost 2000 Sq Ft w/2 full huge Baths, 2 fireplaces,. /can be rented for $3,200+ / month. A few months ago was just nicely remodeled ( see pictures) **2nd ( see pics) & 3rd units are identical: 2/1, laminate floor, Fireplace, spacious w/lots of light...Tenants pay all utilities! Current Gross Income, if owner unit is rented, will be around $100,000/with some improvements Gross Income can be $30K-$40K higher. Bldg is ideal for 2 or 3 condos /Duplex down & duplex up/, convert to SF home or keep it as high end investment. Condos in the area sell for over $1 Million, SF for a few Millions. Laundry in the basement, 2 Car garage /can bring extra Income/. Amazig Chicago's city sky light from the roof (Pls check the photo-possible roof deck) ) Beautiful secular yard. Bldg is well cared for, however, long time owner prefers AS-IS sale.

Location

State IL

County Cook

Area Chi - Near North Side

Zoning MULTI

Rooms

Basement None

Interior

Heating Natural Gas, Forced Air

Equipment Security System, Sump Pump

Fireplace N

Exterior

Parking Features Detached

Garage Spaces 2.0

Community Features Curbs, Sidewalks, Street Lights, Street Paved, Other

Roof Type Tar and Gravel

Building

Lot Description Fenced Yard

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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Midwest Real Estate Data (MRED) IDX
Listed by Mira Kovacevic • Coldwell Banker Realty
Bought with Larissa Brodsky • Baird & Warner
agent

Karen Arenson

Advisor | License ID: 471.000309

+1(773) 501-6201

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