1456 W Fletcher Street

    Chicago, IL 60657
    • $1,490,900
    • STATUS: Active
    • ON SITE: 141 days
    • MLS #: 10544780
    UPDATED: 47 min ago
    $1,490,900
    • 14
      BEDS
    • 0.07
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1898
    County:

    School Information

    Elementary School:

    Description

    OVER $112000 (MARKET $151,200) IN ANNUAL RENTS. RENTS CURRENTLY BELOW MARKET VALUE BY $200 p/b YET STILL A 5% CAP RATE. TAKE ADVANTAGE OF THIS OPT TO OWN A STATELY LAKEVIEW 4-FLAT IN BURLEY SCHOOL DISTRICT; RAISE RENTS TO MARKET AND RECEIVE 7-9% CAP RATE. FOURTEEN BEDS. TOTAL RENT INCOME MONTHLY $9400 (MARKET 12,600/$151,200 ANNUAL MARKET) FIRST FLOOR UNITS NICELY RENOVATED AND DUPLEXED DOWN W/ IN-UNIT W/D. ALL UNITS ARE BEAUTIFULLY RENOVATED AND IN GREAT SHAPE. EACH UNIT HAS OWN HEATING/COOLING/ELECTRIC & PAY UTILITIES. ALL HAVE CENTRAL AIR/HVAC. HIGH BASEMENT CEILING HEIGHT. SOLID BRICK BUILDING THAT HAS BEEN WELL MAINTAINED. ADDITIONAL STORAGE UNITS IN BASEMENT. VERY WELL MAINTAINED BUILDING.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2020-02-28T23:51:10.983 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1456 W Fletcher Street Chicago, IL 60657

    • Price: $1,490,900
    • Status: Active
    • Updated: 47 min ago
    • MLS #: 10544780
    14
    Beds
    0
    Baths
    0
    ½ Baths
    0.07
    Acres
    1898
    Built
    Neighborhood:
    Chi - Lake View
    County:
    Cook
    Area:
    Chi - Lake View
    Elementary School:
    Burley Elementary School
    Property Description
    OVER $112000 (MARKET $151,200) IN ANNUAL RENTS. RENTS CURRENTLY BELOW MARKET VALUE BY $200 p/b YET STILL A 5% CAP RATE. TAKE ADVANTAGE OF THIS OPT TO OWN A STATELY LAKEVIEW 4-FLAT IN BURLEY SCHOOL DISTRICT; RAISE RENTS TO MARKET AND RECEIVE 7-9% CAP RATE. FOURTEEN BEDS. TOTAL RENT INCOME MONTHLY $9400 (MARKET 12,600/$151,200 ANNUAL MARKET) FIRST FLOOR UNITS NICELY RENOVATED AND DUPLEXED DOWN W/ IN-UNIT W/D. ALL UNITS ARE BEAUTIFULLY RENOVATED AND IN GREAT SHAPE. EACH UNIT HAS OWN HEATING/COOLING/ELECTRIC & PAY UTILITIES. ALL HAVE CENTRAL AIR/HVAC. HIGH BASEMENT CEILING HEIGHT. SOLID BRICK BUILDING THAT HAS BEEN WELL MAINTAINED. ADDITIONAL STORAGE UNITS IN BASEMENT. VERY WELL MAINTAINED BUILDING.
    Exterior Features

    Cars 0 Exterior Building Type Brick Exterior Property Features DeckStorms/ScreensCable Access Floor Unit1 1 Floor Unit2 2 Floor Unit3 1 Floor Unit4 2 Lot Dimensions 25 X 125 Lot Size Less Than .25 Acre Parking None Parking Included In Price No Roof Type Tar And Gravel Type Multi 4 Flat Waterfront YN No

    Interior Features

    Appliances Features Unit1 StoveRefrigeratorDishwasherMicrowaveCentral Air Conditioner Appliances Features Unit2 StoveRefrigeratorWasherDryerDishwasherMicrowaveCentral Air Conditioner Appliances Features Unit3 StoveRefrigeratorDishwasherMicrowaveCentral Air Conditioner Appliances Features Unit4 StoveRefrigeratorDishwasherMicrowaveCentral Air Conditioner Basement Full Basement Description Unfinished Bedrooms Above Grade 14 Bedrooms Below Grade 0 Bedrooms Unit1 5 Bedrooms Unit2 2 Bedrooms Unit3 4 Bedrooms Unit4 3 Equipment Tv-CableIntercomCo DetectorsCeiling FanSump Pump Full Baths In Building 8 Full Baths Unit1 3 Full Baths Unit2 1 Full Baths Unit3 3 Full Baths Unit4 1 Half Baths In Building 1 Half Baths Unit1 1 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Fuel GasForced Air Rooms 20 Rooms Unit1 8 Rooms Unit2 5 Rooms Unit3 7 Rooms Unit4 6

    Property Features

    3 Br Un In Bldg YN No Additional Sales Information None Age 100+ Years Agent Owned Interest YN No Built Before1978 YN Yes Corporate Limits Chicago Elementary Sch Dist 299 General Information None High Sch Dist 299 Holds Earnest Money No Jr High Middle Dist 299 Lease Exp Date Mo Yr Unit1 M/M Lease Exp Date Mo Yr Unit2 M/M Lease Exp Date Mo Yr Unit3 M/M Lease Exp Date Mo Yr Unit4 0 Net Oper Income 76800 New Construction No Other Addl Income Coin Laundry Ownership Fee Simple Possession ClosingTenant's Rights Recent Rehab YN No Rent Unit1 3200 Rent Unit2 2000 Rent Unit3 2400 Rent Unit4 1800 Sec Deposit Unit1 0 Sec Deposit Unit2 0 Sec Deposit Unit3 0 Sec Deposit Unit4 0 Sewer Sewer-Public Special Assessments No Special Service Area N Tax Exemptions None Tax Year 2017 Taxes 13500.00 Tenant Pays Unit1 ElectricGasHeat Tenant Pays Unit2 ElectricGasHeat Tenant Pays Unit3 ElectricGasHeat Tenant Pays Unit4 ElectricGasHeat Total Rental Income 112800 Total Units In Building 4 Township Lake View Water Lake Michigan Zoning Type Multi

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Berkshire Hathaway Homeservices Chicago.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Helen Oliveri Real Estate. Based on information submitted to the MRED as of 2020-02-28T23:51:10.983 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    Helen Oliveri Real Estate
    101 W. Gilmer Road
    Hawthorn Woods IL, 60047