1425 Diversey Parkway

    Chicago, IL 60614
    • $1,265,000
    • STATUS: Active
    • ON SITE: 20 days
    • MLS #: 10662684
    UPDATED: 20 min ago
    $1,265,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1899
    County:

    School Ratings & Info

    Description

    Versatile corner freestanding solid brick building in great location on Diversey and Janssen Lincoln Park offers endless possibilities. Three outstanding levels are beautifully updated with designer finishes. The 2nd and 3rd floors comprised of a 2300 sq ft apartment. It is a perfect condo alternative at a bargain price, With Ultra Chic main kitchen, 56" white lacquered cabinets, open floor plan, fireplace, 400 sq ft deck, 3 - 5 bedrooms 3 full baths, two kitchens, studio space or family room. Currently producing income as a Vacation Home rental. The first floor footprint is 2000 sq ft with 1400 sf leased to a long established jewelry store and an office suite with separate entrance on the side street occupies 600 sf, leased through July 2020. The opportunities are endless and perfect for a live-work, owner-operator situations and investor developers or as a condo town home alterative that produces income. Located in walking distance to restaurants, entertainment, grocery, parks, health clubs, the "L" and all transportation. Furniture and finishes are transferable to new owner. This property is Turn Key ready, or limited only by ones imagination.

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    © 2020 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 Baz Network | Keller Williams Elite. Based on information submitted to the MRED as of 2020-03-31T10:50:14.873 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.bazrealtynetwork.com/homes/104030500

    1425 Diversey Parkway Chicago, IL 60614

    • Price: $1,265,000
    • Status: Active
    • Updated: 20 min ago
    • MLS #: 10662684
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1899
    Built
    Neighborhood:
    Chi - Lincoln Park
    County:
    Cook
    Area:
    Chi - Lincoln Park
    Property Description
    Versatile corner freestanding solid brick building in great location on Diversey and Janssen Lincoln Park offers endless possibilities. Three outstanding levels are beautifully updated with designer finishes. The 2nd and 3rd floors comprised of a 2300 sq ft apartment. It is a perfect condo alternative at a bargain price, With Ultra Chic main kitchen, 56" white lacquered cabinets, open floor plan, fireplace, 400 sq ft deck, 3 - 5 bedrooms 3 full baths, two kitchens, studio space or family room. Currently producing income as a Vacation Home rental. The first floor footprint is 2000 sq ft with 1400 sf leased to a long established jewelry store and an office suite with separate entrance on the side street occupies 600 sf, leased through July 2020. The opportunities are endless and perfect for a live-work, owner-operator situations and investor developers or as a condo town home alterative that produces income. Located in walking distance to restaurants, entertainment, grocery, parks, health clubs, the "L" and all transportation. Furniture and finishes are transferable to new owner. This property is Turn Key ready, or limited only by ones imagination.
    Exterior Features

    Construction Brick Frontage Access City Street Location CornerMixed Use AreaPublic Transport Avail Lot Dimensions 30 X 125 Lot Sq Ft 3750 Number Of Parking Spaces 2

    Interior Features

    Air Conditioning Central Air Fire Protection Fire Extinguisher/S Indoor Parking 1-5 Spaces Number Of Apts 1 Number Of Dishwashers 2 Number Of Disposals 1 Number Of Dryers 1 Number Of Fireplaces 1 Number Of Offices 2 Number Of Ranges 2 Number Of Refrigs 2 Number Of Stores 1 Number Of Stories 3 Number Of Washers 1

    Property Features

    Age 7-15 Years Built Before1978 YN Yes Electrical Service Circuit Breakers Electricity Expense 1800 Expense Year 2019 Exterior Building Type Brick Fuel Expense 4000 Geographic Locale Chicago North Gross Rental Income Amount 74000 Heat Ventilation Central Heat/Indiv Controls Insurance Expense 1800 Lease Type Gross Net Oper Income Amount 49400 Net Operating Income Year 2019 Number Of Tenants 3 Other Expenses 2000 Owners Assoc YN No Potential Use CondominiumOffice And ResearchResidential-Multi-FamilyResidential-Single FamilyRetail Tax Year 2018 Taxes 13555 Tenant Pays Varies By Tenant Total Annual Expense Source Broker Projection Total Annual Income 74000 Total Monthly Income 6100 Township Lake View Washer Dryer Lsd YN No Water Expense 1020 Zoning Type Rtail

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of Crane Chicago Realty Group.


    © 2020 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 Baz Network | Keller Williams Elite. Based on information submitted to the MRED as of 2020-03-31T10:50:14.873 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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