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1951 N Fremont Street

Chicago, IL 60614
  • $2,605,000
  • STATUS: Active
  • ON SITE: 63 Days
  • MLS #: 11233171
UPDATED: 53 min ago
$2,605,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1885
County:

School Ratings & Info

Description

RARELY AVAILABLE INVESTMENT OPPORTUNITY IN THE HEART OF LINCOLN PARK!! This 7 unit walk up building was fully rehabbed in 2018, over a million plus dollars put into the building. All Stainless steel appliances, granite countertops, hardwood floors, new windows, plumbing, electrical, sub-pump system, 7 new furnaces, 7 new hot water heater, new AC units, all 7 units have in unit washer/dryer and each unit has their own furnace and water heater. This building features (3) 1bed/1bath units with private outdoor spaces, (3) 2bed/1bath and (1) 4bed/2bath units with a shared back patio, plus a 2 car garage. This building has yet to have a vacancy in over 6 years and tenants stay a long time. Tenants pay for their own gas and electric. Walking distance to brown line, DePaul university, Restaurants, shopping, lakefront and the Lincoln Park Zoo. This building is truly an investors dream!

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© 2021 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 Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-12-02T11:00:56.41 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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1951 N Fremont Street Chicago, IL 60614

  • Price: $2,605,000
  • Status: Active
  • On Site: 63 Days
  • Updated: 53 min ago
  • MLS #: 11233171
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1885
Built
Neighborhood:
Chi - Lincoln Park
County:
Cook
Area:
Chi - Lincoln Park
Property Description
RARELY AVAILABLE INVESTMENT OPPORTUNITY IN THE HEART OF LINCOLN PARK!! This 7 unit walk up building was fully rehabbed in 2018, over a million plus dollars put into the building. All Stainless steel appliances, granite countertops, hardwood floors, new windows, plumbing, electrical, sub-pump system, 7 new furnaces, 7 new hot water heater, new AC units, all 7 units have in unit washer/dryer and each unit has their own furnace and water heater. This building features (3) 1bed/1bath units with private outdoor spaces, (3) 2bed/1bath and (1) 4bed/2bath units with a shared back patio, plus a 2 car garage. This building has yet to have a vacancy in over 6 years and tenants stay a long time. Tenants pay for their own gas and electric. Walking distance to brown line, DePaul university, Restaurants, shopping, lakefront and the Lincoln Park Zoo. This building is truly an investors dream!
Exterior Features

Exterior Building Type Brick Parking Total 2

Interior Features

Cooling Central Air Fireplaces Total 0 Heat Ventilation Forced AirGas Number Of Dishwashers 7 Number Of Dryers 7 Number Of Ranges 7 Number Of Washers 7

Property Features

Additional Parcels YN No Approximate Age 36-50 Years Building Area Total 4600 Built Before1978 YN Yes Electric Circuit Breakers Gross Income 182700 Gross Scheduled Income 182700 Insurance Expense 0 Maintenance Expense 0 Net Operating Income 147265 Operating Expense 35434 Tax Annual Amount 26535 Tax Year 2020 Tenant Pays ElectricityHeat Total Monthly Income 15225 Type Multi Family 5+

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty.


© 2021 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 Carolyn and Hillary Homes | Charles Rutenberg Realty. Based on information submitted to the MRED as of 2021-12-02T11:00:56.41 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
 
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