Urban Real Estate
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51 Properties Within 0.5 miles of: 2258 W Grand, Chicago

2258 W Grand
Chicago, IL 60612

  • 4 Beds
  • Built In 2010
Price

$999,000

Taxes
$21,891  
Beds
4  
Rooms
9  
Type
Multi Unit  
Sq. Ft.
n/a  
Lot Size
24X100  
Built
2010  
Neighborhood
Ukrainian Village  
MLS
#11066846
Status
Contingent

Property Description

Incredible investment opportunity priced to sell!! This one-of-a-kind 3 unit mixed use West Town corner building offers a variety of possibilities for the next owner. Developed just 10 years ago by the current owner, it is a beautiful and unique addition to Ukrainian Village. The property was built with multiple income-generating possibilities while creating home in one of the two massive 2 bed, 2.5 bath luxury residential units. No standard design here! The unique features like two duplex up residences, french doors, juliette balconies, arched exposures and private roof decks reflect architectural vision and have attracted a history of strong tenants. The Commercial unit, envisioned as a space for community wellbeing was originally a yoga studio and is now leased as a physical therapy office through 2022 for $2,350/ month. Each of the 2 unit residential units gives each unit a single family home feel, with no shared walls, two common entrances, and their own address of 507 North Oakley. Important GREEN finishes include, energy efficient appliances, recycled glass counters, bamboo floors and passive solar with amazing natural light and West view sunsets. Each unit honors privacy, useful for today's virtual and work at home needs. There's an open floor plan with kitchen, dining, large living room and half bath downstairs. Upstairs, are two bedrooms with Washer/Dryer, and full bath, primary suite, plus private rooftop deck access! The owner's unit has extra touches like a large private patio on the main level, and separate walk-in shower + soaking tub. The commercial space has its own address, own entrance, a kitchenette, and powder room taking the whole first level of the building. Underground basement storage spaces are designated for each residential unit. Separate PINs and filed condo declarations give the new owner possibilities to resell 1 or all units separately as condos. Great location at Grand and Oakley with all of West Town at your fingertips. Rental income: Unit 1 (storefront) $2,350/ mo through 10/22. Unit 2 $2500 through 5/31/21. Unit 3 is owner occupied and could be leased for around $2800/mo. There's lots of options and opportunities here including, an owner occupant business, developers, extended families looking for privacy and proximity to one another, or investors. BUILDING IS BEING SOLD AS IS. AS IS RIDER MUST BE INCLUDED WITH CONTRACT. Seller is highly motivated!

Property Map

Property Details

Utilities

  • Heating Gas, Forced Air
  • Cooling
  • Water Lake Michigan, Public
  • Sewer Sewer-Public

Additional Information

Parking
Garage Door Opener(s), Garage On Site, Owned
Schools
Wells Community Academy Senior H, Mitchell Elementary School, Mitchell Elementary School

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

04-26-2021 Listed at $999,000
05-03-2021 Status changed to Under Contract
Last Modified 5/3/21 3:12 PM

Nearby Transportation

  • Bus 65 < 0.1 mi
  • Bus 49 0.1 mi
  • Bus X49 0.1 mi
  • Bus 66 0.3 mi
  • Bus 50 0.4 mi
  • Bus 20 0.7 mi
  • Bus 94 0.7 mi
  • Bus 52 0.7 mi
  • Bus 19 0.8 mi
  • Bus 70 0.8 mi
  • Bus 9 0.9 mi
  • Bus X9 0.9 mi
  • Bus 126 0.9 mi
  • Bus 7 1.2 mi
  • Bus 56 1.2 mi
  • Milwaukee North 0.2 mi
  • Milwaukee West 0.2 mi
  • North Central Service 0.2 mi
  • Union Pacific West 1.2 mi
  • Green Line 0.8 mi
  • Pink Line 1.0 mi
  • Blue Line 1.1 mi
  • Divvy 0.2 mi
  • ZipCar 0.1 mi
  • I 290 West 1.0 mi
  • I 290 East 1.1 mi
  • I 90 West 1.3 mi
  • I 94 West 1.3 mi
  • I 90 East 1.3 mi
  • I 94 East 1.3 mi
  • I 55 North 3.2 mi
  • I 55 South 3.2 mi
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