4237 W School Street

    Chicago, IL 60641
    • $499,888
    • STATUS: Active Under Contract
    • ON SITE: 22 days
    • MLS #: 10501240
    Under Contract
    UPDATED: 79 min ago
    $499,888
    • 7
      BEDS
    • 0.08
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1919
    County:

    School Ratings & Info

    Description

    Great updated building with many recent updates! Just 3 blocks from beautiful Kilbourn Park, 5 blocks to the Metra Line & a short distance to the Blue Line Addison Stop & a plethora of shopping and restaurants & 90/94 as well (perfect for commuters and getting to the airport). Recent improvements include; New plumbing & electric, New kitchens & baths, A completely finished & remodeled lower level 2BR apartment, New lighting with motion sensors, Extensive landscaping & addition of fire extinguishers. This building really is an arm chair investment. Two-car garage rents out for $300 per month. With $4,500 per month in rental income and all of the updates already made to the building this is a solid investment in a solid location with great returns! Owner won property tax assessment appeal this year to lower property taxes. Note: Broker doesn't represent the legality of all units.

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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 2019-09-21T16:51:46.847 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/98480123

    4237 W School Street Chicago, IL 60641

    • Price: $499,888
    • Status: Active Under Contract
    • Updated: 79 min ago
    • MLS #: 10501240
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.08
    Acres
    1919
    Built
    Neighborhood:
    Chi - Irving Park
    County:
    Cook
    Area:
    Chi - Irving Park
    Property Description
    Great updated building with many recent updates! Just 3 blocks from beautiful Kilbourn Park, 5 blocks to the Metra Line & a short distance to the Blue Line Addison Stop & a plethora of shopping and restaurants & 90/94 as well (perfect for commuters and getting to the airport). Recent improvements include; New plumbing & electric, New kitchens & baths, A completely finished & remodeled lower level 2BR apartment, New lighting with motion sensors, Extensive landscaping & addition of fire extinguishers. This building really is an arm chair investment. Two-car garage rents out for $300 per month. With $4,500 per month in rental income and all of the updates already made to the building this is a solid investment in a solid location with great returns! Owner won property tax assessment appeal this year to lower property taxes. Note: Broker doesn't represent the legality of all units.
    Exterior Features

    Cars 2 Exterior Building Type Aluminum SidingVinyl Siding Exterior Property Features Cable Access Floor Unit1 1 Floor Unit2 2 Floor Unit3 B Foundation Concrete Garage Details Garage Door Opener(S) Garage On Site Yes Garage Ownership Owned Garage Spaces 2 Garage Type Detached Lot Description Fenced Yard Lot Dimensions 30 X 124 Lot Size Less Than .25 Acre Parking Garage Parking Included In Price Yes Roof Type Asphalt/Glass (Shingles) Style Of House Colonial Type Multi 2 Flat Waterfront YN No

    Interior Features

    Appliances Features Unit1 StoveRefrigeratorMicrowave Appliances Features Unit2 StoveRefrigeratorMicrowave Appliances Features Unit3 StoveRefrigerator Basement Full Basement Description Finished Bedrooms Above Grade 7 Bedrooms Below Grade 0 Bedrooms Unit1 2 Bedrooms Unit2 3 Bedrooms Unit3 2 Full Baths In Building 4 Full Baths Unit1 1 Full Baths Unit2 2 Full Baths Unit3 1 Half Baths In Building 0 Half Baths Unit1 0 Half Baths Unit2 0 Half Baths Unit3 0 Heat Fuel GasForced AirRadiators Rooms 20 Rooms Unit1 6 Rooms Unit2 8 Rooms Unit3 5

    Property Features

    3 Br Un In Bldg YN Yes Additional Sales Information List Broker Must Accompany Age 91-100 Years Agent Owned Interest YN No Built Before1978 YN Yes Contingency Flag Attorney/Inspection Corporate Limits Chicago Electricity Expense 720 Elementary Sch Dist 299 General Information None Gross Expenses 960 Gross Rental Income 54000 High Sch Dist 299 Holds Earnest Money No Insurance Amount 1650 Jr High Middle Dist 299 Lease Exp Date Mo Yr Unit1 Mo/Mo Lease Exp Date Mo Yr Unit2 05/20 Lease Exp Date Mo Yr Unit3 08/20 Net Oper Income 41865 New Construction No Ownership Fee Simple Possession ClosingImmediateNegotiable Recent Rehab YN Yes Rent Unit1 1450 Rent Unit2 1750 Rent Unit3 1000 Sale Terms ConventionalFhaVa Sec Deposit Unit1 0 Sec Deposit Unit2 0 Sec Deposit Unit3 0 Sewer Sewer-Public Special Assessments No Special Service Area N Tax Exemptions None Tax Year 2018 Taxes 5505 Tenant Pays Unit1 ElectricGasHeat Tenant Pays Unit2 ElectricGasHeat Tenant Pays Unit3 ElectricGasHeat Total Rental Income 54000 Total Units In Building 3 Township Jefferson Water Public Zoning Type Multi

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Baird & Warner.


    © 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 2019-09-21T16:51:46.847 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