Corcoran Urban Real Estate
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19 Properties Within 0.5 miles of: 4035-37 N Central Park, Chicago

4035-37 N Central Park
Chicago, IL 60618

  • Built In 1927
Price

$2,300,000

Est Payment
$13,867 / month (details)  
Taxes
$18,905  
Type
Multi Family 5+  
Sq. Ft.
n/a  
Lot Size
6300  
Built
1927  
Neighborhood
Irving Park  
MLS
#11468562
Status
Sold (9/14/2022)

Property Description

Old Irving Park Brick 3 story, fully occupied, vintage finishes, very clean and well-maintained Building! Property is a tremendous Value Add opportunity as long term hold or trophy asset in highly appreciating Irving Park neighborhood. Total of 17 apartments plus 1 non-confirming studio. 17 units are 1bed/1bath rented between $900-$925 and one Studio rented at $800. Rents could be higher, the tenants pay for their own heat and electric. Long term owner has performed regular maintenance: roof is only 4-5 years old, the water heaters are 4-5 years old, tuck-pointing was done about the same time, 4-5 years ago. The owner pays for the hot & cold water, property taxes, insurance, trash, gas for the hot water and laundry, electric in the common area. 9 units have furnaces on gas, 9 units have electric radiators, tenants pay for the usage. The monthly laundry income is $230-$240. Superb location! The property is located 1/2 block north of Irving Park, at the middle distance between the Independence Park & Horner Park, and minutes distance to McFetridge Sports Center with Ice Rink, Revere Park and tons of excellent restaurants, bars, coffee shops, etc. Don't miss out, this will sell quick!

Property Map

Property Details

Utilities

  • Heating
  • Cooling
  • Water
  • Sewer

Additional Information

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

Listing History

07-19-2022 Listed at $2,340,000
07-25-2022 Status changed to Under Contract
09-14-2022 Status changed to Closed
09-14-2022 Sold at $2,300,000
Last Modified 9/14/22 11:31 AM

Nearby Transportation

  • Bus 80 0.1 mi
  • Bus 82 0.2 mi
  • Bus 78 0.4 mi
  • Bus 53 0.5 mi
  • Bus 152 0.6 mi
  • Bus 54A 0.7 mi
  • Bus 81 0.9 mi
  • Bus 93 1.0 mi
  • Bus 56 1.0 mi
  • Bus 77 1.1 mi
  • Bus 94 1.2 mi
  • Union Pacific Northwest 0.6 mi
  • Milwaukee North 1.2 mi
  • Blue Line 0.5 mi
  • Brown Line 0.9 mi
  • I 90 East 0.6 mi
  • I 94 East 0.6 mi
  • I 90 West 0.6 mi
  • I 94 West 0.6 mi
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