1421 W Fletcher Street

    Chicago, IL 60657
    • $999,000
    • STATUS: Active
    • ON SITE: 9 days
    • MLS #: 10515055
    $999,000
    • 9
      BEDS
    • 0.07
      ACRES
    • 5
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1886
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    Enormous cash cow building with room to grow. 4 units, back deck & garage roof deck over 2 car garage. Perfect for investor or owner occupant because of the 2-level, 3 bed 2 bath duplex. Rent has much potential to be raised! Updated kitchens and baths. Dishwasher in each unit. Full sized in-unit laundry in duplex. Central heat in all units. Central A/C in 2 rear units. Window A/C in 2 front units. Huge full unfinished basement with 2 washers, 2 dryers, plenty of storage. Foundation rebuilt 5yrs ago. Kitchen plumbing stack replaced this year. Building has a front and a side entrance which provides all 4 units with a front and back door. 2 Garage spaces have been rented out to non tenants at $170/month each, expiration 4/30/2020. Annual Expenses- Insurance $2100 Water $1350 Electric $300. Other expenses- snow removal, cleanup, filter changes, furnace maintenance, fighting taxes, general maintenance $8,500. Total expenses incl. taxes 28,983.87. Gross income 83,460. Net income 54,476.

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    © 2019 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 Property Consultants Realty. Based on information submitted to the MRED as of 2019-09-20T23:52:28.033 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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    www.propertyconsultants.com/homes/98874354

    1421 W Fletcher Street Chicago, IL 60657

    • Price: $999,000
    • Status: Active
    • MLS #: 10515055
    9
    Beds
    5
    Baths
    0
    ½ Baths
    0.07
    Acres
    1886
    Built
    Neighborhood:
    Chi - Lake View
    County:
    Cook
    Area:
    Chi - Lake View
    Elementary School:
    Burley Elementary School
    Middle School:
    Burley Elementary School
    High School:
    Lake View High School
    Property Description
    Enormous cash cow building with room to grow. 4 units, back deck & garage roof deck over 2 car garage. Perfect for investor or owner occupant because of the 2-level, 3 bed 2 bath duplex. Rent has much potential to be raised! Updated kitchens and baths. Dishwasher in each unit. Full sized in-unit laundry in duplex. Central heat in all units. Central A/C in 2 rear units. Window A/C in 2 front units. Huge full unfinished basement with 2 washers, 2 dryers, plenty of storage. Foundation rebuilt 5yrs ago. Kitchen plumbing stack replaced this year. Building has a front and a side entrance which provides all 4 units with a front and back door. 2 Garage spaces have been rented out to non tenants at $170/month each, expiration 4/30/2020. Annual Expenses- Insurance $2100 Water $1350 Electric $300. Other expenses- snow removal, cleanup, filter changes, furnace maintenance, fighting taxes, general maintenance $8,500. Total expenses incl. taxes 28,983.87. Gross income 83,460. Net income 54,476.
    Exterior Features

    Cars 2 Exterior Building Type Vinyl SidingFrame Exterior Property Features Deck Floor Unit1 1 Floor Unit2 2 Floor Unit3 1 Floor Unit4 2 Garage On Site Yes Garage Ownership Owned Garage Spaces 2 Garage Type Detached Lot Description Fenced Yard Lot Dimensions 25X125 Lot Size Less Than .25 Acre Parking Garage Parking Included In Price Yes Type Multi 4 Flat2 Story Unit/S Waterfront YN No

    Interior Features

    Appliances Features Unit1 StoveRefrigeratorDishwasherWindow Air Conditioner Appliances Features Unit2 StoveRefrigeratorDishwasherCentral Air Conditioner Appliances Features Unit3 StoveRefrigeratorDishwasherWindow Air Conditioner Appliances Features Unit4 StoveRefrigeratorWasherDryerDishwasherMicrowaveCentral Air Conditioner Basement Full Basement Bathrooms YN No Basement Description Unfinished Bath Amenities Soaking Tub Bedrooms Above Grade 9 Bedrooms Below Grade 0 Bedrooms Unit1 2 Bedrooms Unit2 2 Bedrooms Unit3 1 Bedrooms Unit4 3 Full Baths In Building 5 Full Baths Unit1 1 Full Baths Unit2 1 Full Baths Unit3 1 Full Baths Unit4 2 Half Baths In Building 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Half Baths Unit4 0 Heat Fuel GasForced Air Rooms 18 Rooms Unit1 4 Rooms Unit2 4 Rooms Unit3 4 Rooms Unit4 6

    Property Features

    3 Br Un In Bldg YN Yes Additional Sales Information List Broker Must Accompany Age 100+ Years Agent Owned Interest YN No Area Amenities Curbs/GuttersSidewalksStreet LightsStreet Paved Built Before1978 YN Yes Corporate Limits Chicago Electricity Expense 300 Elementary Sch Dist 299 General Information Commuter BusCommuter Train Gross Expenses 8500 Gross Rental Income 83460 High Sch Dist 299 Holds Earnest Money Yes Insurance Amount 2100 Jr High Middle Dist 299 Lease Exp Date Mo Yr Unit1 06/20 Lease Exp Date Mo Yr Unit2 09/20 Lease Exp Date Mo Yr Unit3 08/20 Lease Exp Date Mo Yr Unit4 06/20 Net Oper Income 54476 New Construction No Other Addl Income Garage/S Ownership Fee Simple Possession Closing Recent Rehab YN No Rent Unit1 1395 Rent Unit2 1225 Rent Unit3 1300 Rent Unit4 2695 Sec Deposit Unit1 0 Sec Deposit Unit2 1225 Sec Deposit Unit3 0 Sec Deposit Unit4 0 Sewer Sewer-Public Special Assessments No Special Service Area N Tax Year 2018 Taxes 16733.87 Tenant Pays Unit1 ElectricGasHeat Tenant Pays Unit2 ElectricGasHeat Tenant Pays Unit3 ElectricGasHeat Tenant Pays Unit4 ElectricGasHeat Total Rental Income 83460‬ Total Units In Building 4 Township Lake View Water Lake Michigan

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Berkshire Hathaway Homeservices Koenigrubloff.


    © 2019 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 Property Consultants Realty. Based on information submitted to the MRED as of 2019-09-20T23:52:28.033 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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    Chicago IL, 60647