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O'Neia Washington

oneia@owauctiongroup.com +1(773) 985-2135

$ 1,250,000

Est. payment | -/mo

4 Beds

3 Baths

Save

$ 1,250,000

Est. payment | -/mo

Save

4 Beds

3 Baths

Open House

Sun May 03, 12:00pm - 3:00pm

Mon May 04, 11:30am - 1:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12631004

Style Brownstone

Bedrooms 4

Year Built 1915

Annual Tax Amount $18,887

Tax Year 2024

Lot Dimensions 30X125

Property Sub-Type Two to Four Units

Property Description

Rare Opportunity in NorthCenter on an oversized 30 foot lot in Bell School District with St Ben's 2 blocks away. This classic brick 2-flat sits among tree lined streets and wide-lot single family homes with exceptional upside for owner occupants, investors or those wanting to convert into a stunning single family. Currently configured as a spacious owner's duplex-down (2 beds/2 baths, can easily be a 4 bed/2 bath) and an income producing 2 bed/1 bath apartment. The second-floor unit is leased at $2,800/month with rent escalations through March 2028, plus a 60-day kick-out clause for buyers considering future conversion or just wanting flexibility. Both units' primary bedrooms are oversized (22' x 11') and were originally two bedrooms. Deconversion could easily add a bedroom to each unit. Both units feature expansive living and dining spaces, great natural light, oversized kitchens, walk-in closets, good storage and flexible layouts. A rare drywalled 3-car garage with full rooftop deck complete the home. All the modern updates owners and tenants want and separately metered. List of updates available upon request. Set within a premier pocket of North Center known for its wider lot sizes and residential streets, surrounding homes command $2M while new construction starts at $2.5M. Total projected/pro-forma market rent for duplex down, garage and 2nd floor is above $85,000 per year. Sold as-is and agent owned.

Location

State IL

County Cook

Area Chi - North Center

Rooms

Basement Finished, Full

Interior

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

Equipment Ceiling Fan(s), Multiple Water Heaters, Electronic Air Filters, Water Heater-Gas

Fireplace N

Appliance Humidifier

Exterior

Exterior Feature Balcony, Roof Deck

Garage Spaces 3.0

Community Features Park, Tennis Court(s), Sidewalks, Street Lights

Building

Dwelling Type Two to Four Units

Building Description Brick,Combination, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Brick,Combination

New Construction false

Schools

Elementary Schools Alexander Graham Elementary Scho

Middle Schools Alexander Graham Elementary Scho

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Jason Witler of Baird & Warner

Nearby Locations

O'Neia Washington

Designated Managing Broker | License ID: 471008905

+1(773) 985-2135 | oneia@owauctiongroup.com

3734 N LEAVITT ST Chicago, IL 60618

O'Neia Washington

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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3734 N LEAVITT ST