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2161 N Claremont Avenue Chicago, IL 60647
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Key Details
Sold Price $665,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
Subdivision Bucktown
MLS Listing ID 11167774
Sold Date 10/04/21
Style Traditional
Bedrooms 5
Year Built 1901
Annual Tax Amount $11,609
Tax Year 2019
Lot Dimensions 23X100
Property Description
This charming and updated Bucktown multi-unit building sits on a quiet tree-lined street just 5 blocks from the Western Blue Line "L" and only 1/2 block from beautiful Holstein Park with over 3 acres of open space, a field house, gymnasium, swimming pool, baseball and softball field, volleyball court & playground... a wonderful outdoor respite from urban life now more important than ever. This building offers the hard to find combination of modern updates you want and the original vintage charm of a turn of the century building in an easy-to-rent, A+ location close to transportation, restaurants, bars and nightlife. Situated in one of Chicago's hottest neighborhoods with easy access to the expressway (perfect for commute to downtown or to O'Hare) and just a short walk to the 606 walking and bike trail it really couldn't get better for location or your long-term investment. This property includes two, 2BR, 1BTH units and one 1BR, 1BTH unit that could easily be combined with the owner's unit to make a wonderful 3BR, 2BTH owner's duplex if so desired. Kitchens are updated with 42" cabinetry, stainless steel appliances and granite counters and each unit has separate dining rooms and its own separate HVAC system making this building turn-key ready. Projected yearly rental income if owner's unit were rented out would be $55,000 or higher. If owner occupied, the building rents from 2 apartments alone could generate $36,600 or more toward owner's mortgage payment. (Building is currently zoned for 2 units and has a 3rd additional unit that could be a good candidate for the city's new fast-track approval program of non-conforming units if so desired, or combined with one of the other units for a great duplex apartment.)
Location
State IL
County Cook
Community Park, Pool, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement None
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Exterior Feature Patio
Waterfront false
View Y/N true
Roof Type Other
Parking Type Off Alley
Building
Lot Description Fenced Yard
Foundation Other
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Pulaski International
Middle Schools Pulaski International
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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Bought with Kristina Irvine • john greene, Realtor