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[email protected] +1(630) 491-4615

$ 1,700,000

Est. payment -/mo

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2216 N Cleveland AVE Chicago, IL 60614

7 Beds

4 Baths

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12419886

Style Greystone

Bedrooms 7

Year Built 1898

Annual Tax Amount $21,824

Tax Year 2023

Lot Dimensions 24 X 124

Property Sub-Type Two to Four Units

Property Description

Classic Chicago Greystone in prime east Lincoln Park location. This fully occupied 3-flat plus garden apartment never sees vacancies (119k a year and rents can be moved up easily). Long-term tenants have kept some rents low. The units feature very high ceilings (10'), central heat + AC. 2/4 units have in-unit laundry. Common area laundry is also found in the front half of the English Garden. Lots of room for cosmetic improvements to increase the monthly rents. Recent enhancements include tuck pointing, removal of ivy, painted full rear of the building, and repainted metal vertical walls in breezeway. New furnace in Unit 3, new AC in unit 2 and newly rebuilt retaining wall on south walkway. Total yearly utilities are 6119 - that is common electric, trash, water, gas and sewer. Lot size is approximate as of listing date, awaiting new survey. owner pays 34% gas for unit 1, garden and common area (that is reflected in the 6119 of expenses) RENT ROLL, EXPENSES AND LEASE TERMS ALL ON ADDITIONAL INFO TAB. PLEASE TAKE A MINUTE TO LOOK AT THAT BEFORE CONTACTING

Location

State IL

County Cook

Area Chi - Lincoln Park

Zoning MULTI

Rooms

Basement Partially Finished, Full, Daylight

Interior

Heating Natural Gas, Forced Air, Baseboard

Fireplace N

Exterior

Exterior Feature Balcony

Building

Dwelling Type Two to Four Units

Building Description Brick,Limestone, No

Sewer Public Sewer

Water Public

Structure Type Brick,Limestone

New Construction false

Schools

Elementary Schools Lincoln Elementary School

Middle Schools Lincoln Elementary School

High Schools Lincoln Park High School

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Listed by Sophia Klopas • Jameson Sotheby's Int'l Realty

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