Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
Any Baths
For Sale
17 Properties Within 0.5 miles of: 2422 W Warner, Chicago

2422 W Warner
Chicago, IL 60618

  • Built In 1910
Price

$810,000

Est Payment
$5,221 / month (details)  
Taxes
$9,947  
Type
Mutli Family  
Sq. Ft.
n/a  
Lot Size
37 X125  
Built
1910  
Neighborhood
Northcenter  
MLS
#10805908
Status
Sold (10/15/2020)

Property Description

Brick 5 flat on North Center in a 37 wide lot. This legal "L- shaped" 5 unit property has (3) 2 bed/1 baths in the front bldg (Garden, First and Second) and (2) 1 bed/1 baths (First and Second Floor) in the back... PLUS a 2 car garage This long term owner is ready to sell. The 3 front units are vacant and the 2 rear units are occupied and under rented on MTM leases at $825 and $900/mth. More of a "value added" Play vs a stabilized building. Being Sold As IS. With updates to the bldg and units rents are projected as follows : $1,750 for units 1F and 2F, $1,200 for Garden, $1,450 for 1R and 2R, $300 for Garage and $100 for Laundry. Projected rents and expenses post stabilization. Assuming $25,000 per unit investment and expenses @ 30% the bldg is a 6.7 CAP Post Rehab

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

Payment Calculator

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

Listing History

08-04-2020 Listed at $865,000
08-28-2020 Status changed to Under Contract
10-16-2020 Status changed to Closed
10-15-2020 Sold at $810,000
Last Modified 10/16/20 12:17 PM

Nearby Transportation

  • Bus 49 0.1 mi
  • Bus X49 0.2 mi
  • Bus 80 0.2 mi
  • Bus 78 0.3 mi
  • Bus 50 0.5 mi
  • Bus 11 0.6 mi
  • Bus 49B 0.6 mi
  • Bus 152 0.7 mi
  • Bus 94 0.8 mi
  • Bus 81 0.8 mi
  • Bus 9 1.1 mi
  • Bus X9 1.1 mi
  • Bus 82 1.2 mi
  • Bus 77 1.2 mi
  • Union Pacific North 1.1 mi
  • Brown Line 0.6 mi
  • ZipCar 0.3 mi
  • I 90 East 1.6 mi
  • I 94 East 1.6 mi
  • I 90 West 1.6 mi
  • I 94 West 1.6 mi
grid
Register to see 0 more properties