1748 W North Avenue Chicago, IL $ 4,400,000
1748 W North Avenue
$ 4,400,000
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1748 W North Avenue

Chicago, IL, 60622
$ 4,400,000
Baths0.0

Monthly Estimate*

$ 29,244

1748 W North Avenue, Chicago, IL 60622 - Image 1
1748 W North Avenue, Chicago, IL 60622 - Image 2
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1748 W North Avenue, Chicago, IL 60622 - Image 4
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1748 W North Avenue, Chicago, IL 60622 - Image 10
1748 W North Avenue, Chicago, IL 60622 - Image 11
Studio

Commercial Property for sale in Chicago, IL

for $4,400,000. This building was built in 2011 on a lot size of 0.136639.

Rarely available 7-unit elevator condo quality building in the heart of Bucktown. This well-maintained building is ready for the next investor to sit back and collect rent. Projected monthly gross income $29,641. Two commercial store front spaces with long term leases in place with leases ending in 2028. All residential units are 3 bedrooms, 2 bath condo quality units featuring large custom kitchen with granite countertops, stainless appliances, custom cabinets opening to living room and dining room. Three true bedrooms features primary bedroom with ensuite bathroom with double bowl stone countertops, and separate shower. Large second and third bedrooms along with updated second bath. Hardwood floors throughout. All units have separate HVAC, in-unit washer and dryer and all pay their own utilities. All residential finishes similar in all units. Unit 4W and 4E have interior unit stairs to access the private roof deck. Unit 3 is a full floor with huge front and rear terrace spaces to entertain. Unit 3 features three-bedroom, two full baths plus a half bath. Full floor unit 3 primary bath has double bowl sink, separate shower plus soaking tub. Photos are from unit 4W along with floorplan, 2W are identical to 4W. 2E, 4E units are the same as 4W layout just flipped. Unit 3 is a full floor see floorplan. Finishes in the building are all high end and similar throughout. Parking spaces in the rear of the building. A member of the LLC holds an Illinois real estate license. The listing broker is not a member of the LLC.

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Commercial Active

Price

$ 4,400,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 57,309

Style

Lot Size

0.136639

Year Built

2011

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12035612

Features
General
Cooling Central Air Central Individual
Zoning COMMR
Construction Materials Brick Block
Year Built 2011
Electric Circuit Breakers Separate Meters
Tenant Pays Air Conditioning Electricity Heat
Stories 4
Township West Chicago
Property SubType Mixed Use
Tax Year 2022
Gross Income 29641
County Cook
Net Operating Income 241353
Operating Expense 114341
Insurance Expense 13995
Property Type Commercial Sale Mixed Use
Status Active
Directions Ashland to North West to Property
City Chicago
NumberOfUnitsTotal 7
MLS Area CHI - West Town
Lot Size Square Feet 5952
Street Name North
Tax Annual Amount 57309
Electric Expense 2010
Fuel Expense 0
Trash Expense 4373
Water Sewer Expense 6457
Additional Parcels Y/N N
Days on Market 6
Standard Status Active
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Interior
Flooring Wood
Total Fireplaces 5
Street Suffix Avenue
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Exterior
Lot Dimensions 48X124
Exterior Brick
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* Excluded Features
List By
@Properties Christie's International Real Estate

Broker

pasquale@atproperties.com

Email

Affordability Calculator

$34,020
Per Month
86%
14%
0%
Monthly Principal & Interest
$29,244
Monthly Property Taxes
$4,776
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/22/2024$4,400,000 Listed Price

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1748 W North Avenue, Chicago, IL, 60622 is a Commercial Property for sale at $4,400,000 with a lot size of 0.136639. 1748 W North Avenue is a studio with 0.0 baths and was built in 2011. The property's zip code is 60622 which is in Chicago, IL