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Listed by Kieran Conlonof Compass

Est. payment | -/mo

9 Beds

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Est. payment | -/mo

Save Virtual Tour

9 Beds

Open House

Sat Jul 11, 11:00am - 1:00pm

Sun Jul 12, 11:00am - 1:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12683078

Bedrooms 9

Year Built 1892

Annual Tax Amount $31,576

Tax Year 2024

Lot Dimensions 25x125

Property Sub-Type Two to Four Units

Property Description

Exceptional investment opportunity in the vibrant Bucktown neighborhood that's on the market for the first time in 27 years! This brick 3-flat plus charming coach house, is a rare find for investors seeking income-generating properties in a prime location. Each unit showcases its own unique charm, with varying upgrades throughout, providing a blend of modern comforts and classic character. This property offers good potential upside for a savvy investor with the flexibility to expand your portfolio or eventually live in one unit while renting out the others. Tenants pay their own electric, gas and heat. Each unit features hardwood floors, individual central gas forced heat, and individual water heaters. Unit #3 also includes central air conditioning. Situated in a prime location, this property is just steps from the epicenter of Wicker Park and Bucktown at North/Damen/Milwaukee with trendy restaurants, boutique shopping, and public transportation all within easy reach, making it a highly desirable spot for tenants. Don't miss this opportunity to own a versatile, income-producing property with significant upside potential. ** Note: The taxes have been successfully appealed with the Assessor's 2025 market value reduced to $1.325M from $1.6M. The 2024 taxes are based on the Assessor's $1.6M value.

Location

State IL

County Cook

Zoning SINGL

Rooms

Basement Unfinished, Full

Interior

Heating Natural Gas, Forced Air, Sep Heating Systems - 2+

Fireplace N

Exterior

View Y/N true

Building

Sewer Public Sewer

Water Lake Michigan, Public

Structure Type Brick

New Construction false

Schools

Elementary Schools Pulaski International

Middle Schools Pulaski International

High Schools Clemente Community Academy Senio

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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+1(847) 495-5000

admin@homesmartconnect.com

1639 N Claremont AVE Chicago, IL 60647

HomeSmart Connect

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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1639 N Claremont AVE

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