1859 W Chicago Avenue Chicago, IL ^$ 2,999,000

1859 W Chicago Avenue

^$ 2,999,000

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1859 W Chicago Avenue

Chicago, IL, 60622

^$ 2,999,000

Bedrooms4 Baths0.0 Sq 9,267

Monthly Estimate*

^$ 19,932

1859 W Chicago Avenue, Chicago, IL 60622 - Image 1

1859 W Chicago Avenue, Chicago, IL 60622 - Image 2

1859 W Chicago Avenue, Chicago, IL 60622 - Image 3

1859 W Chicago Avenue, Chicago, IL 60622 - Image 4

1859 W Chicago Avenue, Chicago, IL 60622 - Image 5

1859 W Chicago Avenue, Chicago, IL 60622 - Image 6

Multi-Family Home for sale in Chicago, IL

for $2,999,000 with 4 bedrooms. This 9,267 square foot home was built in 1888 on a lot size of 0.06933.

1859 W Chicago Ave is a 9,267 SF mixed-use building located on the corner of Chicago and Wolcott Avenues in the heart of Chicago's Ukrainian Village neighborhood. The property is fully occupied by seven (7) tenants; Ukranian Village Veterinary Center on the first floor, and six (6) residential units on the second through fourth floors. All units were fully rehabbed in 2020. This signalized corner location is surrounded by strong neighborhood retail including Roots Pizza, West Town Bakery, and Cleo's Bar. The property is also just 2 blocks from the neighborhood grocery store, Mariano's. This stabilized property is ideal for an investor looking to enter the growing West Town/Ukrainian Village sub-market. This property is owned by an Illinois Real estate broker.

Multi-Family Active

Price

^$ 2,999,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 24,628

Style

Lot Size

0.06933

Year Built

1888

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12036342

Features

General

Cooling Central Air

Year Built 1888

Tenant Pays Electricity Heat

Stories 4

Tax Year 2022

Gross Income 263626

County Cook

Net Operating Income 187381

Operating Expense 63064

Insurance Expense 3605

Property Type Commercial Sale Multi Family 5+

Status Active

Directions At the corner of Chicago Avenue and Wolcott St

City Chicago

NumberOfUnitsTotal 7

MLS Area CHI - West Town

Lot Size Square Feet 3020

Street Name Chicago

Tax Annual Amount 24628

Electric Expense 537

Fuel Expense 0

Trash Expense 2379

Water Sewer Expense 1761

Additional Parcels Y/N N

Days on Market 6

Standard Status Active

Exterior

Building Area Total 9267

Lot Dimensions 25X125

Interior

Street Suffix Avenue

* Excluded Features

List By

Sperry Van Ness

Broker

scott.maesel@svn.com;scott.maesel@svn.com

Affordability Calculator

$21,985

Per Month

Monthly Principal & Interest: $19,932
Monthly Property Taxes: $2,052
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$643,097

Percent of Sale Price 79%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2024	$2,999,000		Listed Price

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1859 W Chicago Avenue, Chicago, IL, 60622 is a Multi-Family Home for sale at $2,999,000 with 9,267 sqft and a lot size of 0.06933. 1859 W Chicago Avenue has 4 bedrooms, 0.0 baths, and was built in 1888. The property's zip code is 60622 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 6/12/2024.

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1859 W Chicago Avenue

Multi-Family Home for sale in Chicago, IL

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