Sold
4035-37 N Central Park Avenue
Chicago IL, 60618
$2,300,000
Sold
Commercial
Built in 1927
Courtesy of Onix Realty, Inc.
Old Irving Park Brick 3 story, fully occupied, vintage finishes, very clean and well-maintained Building! Property is a tremendous Value Add opportunity as long term hold or trophy asset in highly appreciating Irving Park neighborhood. Total of 17 apartments plus 1 non-confirming studio. 17 units are 1bed/1bath rented between $900-$925 and one Studio rented at $800. Rents could be higher, the tenants pay for their own heat and electric. Long term owner has performed regular maintenance: roof is only 4-5 years old, the water heaters are 4-5 years old, tuck-pointing was done about the same time, 4-5 years ago. The owner pays for the hot & cold water, property taxes, insurance, trash, gas for the hot water and laundry, electric in the common area. 9 units have furnaces on gas, 9 units have electric radiators, tenants pay for the usage. The monthly laundry income is $230-$240. Superb location! The property is located 1/2 block north of Irving Park, at the middle distance between the Independence Park & Horner Park, and minutes distance to McFetridge Sports Center with Ice Rink, Revere Park and tons of excellent restaurants, bars, coffee shops, etc. Don't miss out, this will sell quick!
11468562
MLSⓇ ID
July 19, 2022
Listed
March 28, 2024
Updated
Map
4035-37 N Central Park Avenue
Chicago IL, 60618
Other Property Details
Area Name
CHI - Irving Park
Taxes
$18,905
Tax Frequency
Annually
Days on Market
7
Garage
No
View
No
County
Cook
Municipality
Jefferson
Pool
No
Zoning
MULTI
Buyer Agency Compensation
2%- $550
Courtesy of Onix Realty, Inc., Dana Surcel,
Listing Contact: 773-209-0114
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.
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Data last updated 4:09 AM UTC, 3/28/2024
