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2246 W Charleston Street Chicago, IL 60647
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Key Details
Sold Price $1,049,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
Subdivision Bucktown
MLS Listing ID 12028389
Sold Date 05/17/24
Bedrooms 6
Annual Tax Amount $13,889
Tax Year 2022
Lot Size 2,178 Sqft
Lot Dimensions 24 X100
Property Description
7.1% CAP RATE, Turn Key Investment Opportunity in A+ Bucktown location short walk to Holstein Park. Gut renovated with vintage charm and fully leased 3-unit property comprised of two duplex Owner's units and one simplex apartment with enclosed rear deck and private shared yard with two car garage. Units are well updated with hardwood flooring, high ceilings, good natural light due to southern exposure, modern kitchens and baths, central AC and GFA heat. Unit 1 is a 3 bed/2 bath duplex with eat-in kitchen, LVT flooring in lower level and huge primary bed & bath. Unit 2 is a generous One bed plus den/1 bath, large eat-in kitchen and Unit 3 is a rare duplex owner's unit with full top floor as primary suite. Large rear yard for common use by tenants and two car garage. Tenants pay all their own utilities. Perfect for new and savvy investors, 1031 exchange, or owner occupants. Gross Annual Income $85,200. Desirable Bucktown location within steps to parks, shopping, dining, entertainment and so much more. Excellent walkability less than a mile to the Western Blue Line and The 606 plus quick access on 90/94 from Fullerton! An opportunity not to be missed! Unit 2 will be vacant for owner occupant June 1st!.
Location
State IL
County Cook
Community Park, Pool, Sidewalks, Street Lights, Street Paved
Zoning MULTI
Rooms
Basement Full, English
Interior
Heating Natural Gas, Forced Air
Fireplace N
Exterior
Exterior Feature Deck
Garage Detached
Garage Spaces 2.0
Waterfront false
View Y/N true
Roof Type Other
Building
Lot Description Common Grounds, Corner Lot
Foundation Concrete Perimeter, Other
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Pulaski International
High Schools Clemente Community Academy Senio
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Daniel Close • Redfin Corporation