Sold

1875 N Howe Street

Chicago IL, 60614

$2,000,000


Sold

Land

Courtesy of @properties Christie's International Real Estate

The opportunity you have been waiting for... Now is your chance to build your dream home on one of the most sought-after streets and blocks in the entire city. Approximate 25 x 124.5 lot with prime RM 4.5 zoning allows for a substantial home to fit in with the surrounding neighbors. Not many opportunities on these preferred blocks happen. Property is being sold for the lot, but currently the lot has a classic tall Chicago red-brick vintage building with 6 condo units (all 1 bedroom/1 bathroom units in front & back with individual furnaces & central air and all in great condition) that could be rented out while awaiting designs and permits or simply held on to for the investment. In the back is a parking pad with three spaces that allow for tandem car parking (total of 6 cars). Currently 4 of the units are rented, 1 is vacant, and 1 is used for Airbnb with an approximate income (assuming rent for vacant unit & average Airbnb income) of about $12,500/mth or about $150,000 annually. What a rare opportunity in an area that is amongst the most desirable the city offers.

11330855

MLS ID

February 23, 2022

Listed

March 28, 2024

Updated

Map

1875 N Howe Street
Chicago IL, 60614

Exterior/Building Features

School Information

School District

299


High School

Lincoln Park High School


Elementary School

Lincoln Elementary School

Other Property Details

Area Name

CHI - Lincoln Park


Taxes

$37,780


Tax Frequency

Annually


Days on Market

10


Garage

No


Parking Total

0


View

No


County

Cook


Municipality

Lake View


Pool

No


Buyer Agency Compensation

2.5%-$395

Courtesy of @properties Christie's International Real Estate, Edward Jelinek,
Listing Contact: 773-230-0083 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Dawn McKenna Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 3:58 AM UTC, 3/28/2024

 

 

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