Address
1151 West Waveland Avenue Chicago, IL
Price
$ 1,350,000
Property Attributes
  • MLS#10528295
  • TypeMulti-Family
  • CountyCOOK
  • CityChicago
  • AreaCHI - Lake View
  • NeighborhoodWrigleyville
  • Zip60613
  • Style
  • Year Built1920
  • Taxes16847
  • Price$ 1,350,000
  • Bedrooms10
  • Full Bathrooms4
  • Half Bathrooms0
  • Lot Size3,049 SqFt
Listing Provided Courtesy Of:
Baird & Warner
Property Description

BRICK 4-UNIT BUILDING in an A+ LOCATION in the HEART OF WRIGLEYVILLE! This building is a money making machine! With current approximate rents of over $127,800 per year and a 7.4 CAP Rate! All units are large and have recently updated kitchens and baths and building has a new roof installed in 2019. Unit 2 is a licensed AirBnb and generates $48,000 in yearly income alone! Garage is rented via Spot Hero and generates on average over $750 per month and could be turned into outdoor space parking to increase the number of rentable spaces and further increase revenues from parking. Great management company in place already for the building and AirBnB rentals and they would remain in charge of building is so desired. Fantastic location! Steps from restaurants, shopping, Wrigley and just 3 Blocks to the Redline "L" and a short distance to the Lakefront and express bus to downtown you can't have a more easy-to-rent location than this! All units are currently furnished and furnishings would be included. Private, gated backyard and on-site laundry! Great turnkey investment owned by long-term owner wishing to retire from business.

Elementary School Middle School High School
Blaine Elementary School Blaine Elementary School Lake View High School
Price History
10/1/2019 Listed $1,350,000

General Features

Age 91-100 Years
Area Amenities Curbs/Gutters, Gated Entry, Sidewalks, Street Lights, Street Paved
Built Before 1978 Yes
Directions Clark or Racine to Waveland
District Elementary School 299
District High School 299
District Middle/Junior School 299
Elementary School Blaine Elementary School
Financing Options Conventional
High School Lake View High School
Middle/Junior School Blaine Elementary School
Status Active
Tax Year 2018
Taxes 16847.26
Type-Multi 4 Flat
Waterfront No
Year Built 1920
Zoning MULTI

Interior Features

Appliances/features Unit 1 Stove, Refrigerator, Dishwasher
Appliances/features Unit 2 Stove, Refrigerator, Dishwasher
Appliances/features Unit 3 Stove, Refrigerator, Dishwasher
Appliances/features Unit 4 Stove, Refrigerator, Washer, Dryer, Dishwasher
Basement Walkout
Basement Description Other
Corporate Limits Chicago
Floor # - Unit 3 3
Full Baths 4
Heater Fuel Type Gas, Forced Air, Hot Water/Steam, 2+ Sep Heating Systems
Prop Type Two to Four Units
Total Rooms 21
Unit Type 2 Rooms 7
Unit Type 3 Rooms 7

Exterior Features

Modificationtimestamp 2020-01-15T19:38:02
Acreage .07
Attached Garage Yes
Car Spaces 2
Exterior Features Patio
Garage Details Garage Door Opener(s)
Garage Spaces 2
Garage Type Detached
Lot Dimensions 25X126
Lot Size Area Less Than .25 Acre
Photo Date 2019-09-25T00:10:28
Roof Rubber
Sewer Sewer-Public
Water Source Lake Michigan, Public

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 60613

Price
AVG $1.18M
$1.35M
Taxes
AVG $13,880
$16,847
Visits
AVG 41
270
Year Built
AVG 1919
1920
Walkscore
AVG 92
92
Data Provided by Walkscore ® not using MLS data