Sold
Last Sold Price
8 beds3,600 sqft
1425 N Cleaver St, Chicago, IL 60642
Multi FamilyProperty Type
0.07 acresLot Size
1893Year Built
$268/sq ftPrice per sq ft
2 carsParking Spaces

Description

Prime investment opportunity in Wicker Park! This fully rented 4-unit building features 8 bedrooms, 5 bathrooms and an unfinished high-ceiling attic with expansion potential. Finished basement with the 5th bathroom. Currently netting 80K+ annually in rental income with room for growth, this property offers strong cash flow and Airbnb potential. 2 car garage but plenty of street parking. Property has been well taken care of for the past years with some recent updates. Located near top dining, The...Prime investment opportunity in Wicker Park! This fully rented 4-unit building features 8 bedrooms, 5 bathrooms and an unfinished high-ceiling attic with expansion potential. Finished basement with the 5th bathroom. Currently netting 80K+ annually in rental income with room for growth, this property offers strong cash flow and Airbnb potential. 2 car garage but plenty of street parking. Property has been well taken care of for the past years with some recent updates. Located near top dining, The 606 Trail, 90/94 highway, Division blue line, shopping and public transit. This is a rare chance to own a high-performing multi-unit in a prime Chicago neighborhood!

    Sold By Keller Williams ONEChicago

    • Listed by: Wilber Hernandez 773.681.6064 wilber.sellingchicago@gmail.com • Realty of America, LLC
    Listing closed: 05/28/2025 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 12324659

    Recent comparable sales

    Median sold price

    $1,102,000

    Avg days on market

    21

    Sale-to-list ratio

    96.6%

    Chicago, IL

    9 comparable properties found

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    Location

    Add your commute

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    $6,327 per month

    30 year fixed, 6.71% Interest

    Principal and Interest

    $4,987

    Property Taxes

    $1,340

    HOA Dues

    $0

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    Property Information for 1425 North Cleaver Street

    Property Details
    • Taxes: $16,083 / year
    • MLS Type: Two to Four Units / 4 Flat
    • County: Cook County
    • Area: CHI - West Town
    • Township: West Chicago
    • Ownership: Fee Simple
    • Num Of Garage Spaces: 2.0
    • Heat/Fuel: Natural Gas
    • Zoning: MULTI
    Building Information
    • Residences: 4
    • Year Built: 1893
    • Lot Size: 0.07 AC / 3,125 SF
    General Information
    School Information
    • Elementary School District: 299
    • High School District: 299
    • Middle Or Junior School District: 299
    Addtl Parking Information
    • Parking Details: Garage Door Opener, On Site, Garage Owned, Detached, Garage
    Property Information
    Interior Features
    • Num Of Rooms: 16
    • Bedrooms Total: 8
    • Bedrooms (Below Grade): 0
    • Basement Type: Finished, Full
    • Bedrooms Possible: 8
    • Basement Bathrooms: No
    • # Full Baths in Building: 5
    • # Half Baths in Building: 1
    • Num of Baths: 5.1
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Lake Michigan, Public
    • Other Equipment: Intercom, Ceiling Fan(s)
    Property/Lot Information
    • New Construction YN: No
    • Rebuilt: No
    • Rehabilitated: No
    • Built Before 1978: Yes
    • Age: 100+ Years
    • Lot Size: Less Than .25 Acre
    • Lot Size Source: County Records
    • Lot Dimensions: 3125
    • Total # Units in Building: 4.0
    • Waterfront: No
    • Exterior Building Type: Vinyl Siding
    • Construction: Vinyl Siding
    • General Information: School Bus Service,Commuter Bus,Commuter Train
    • North Coordinate: 1400
    • South Coordinate: 0
    • East Coordinate: 0
    • West Coordinate: 1432
    • 3 Br Un In Bldg: No
    Property and Assessments
    • Buyer Financing: Conventional, FHA, Cash
    • Public Document Count: 0
    • Document Date: 2025-04-18T22:02:45
    • Photos Count: 45
    • OpenHouse Count: 1
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    Multi Family
    Income & Expenses
    • Electric Expense: $182.00
    • Fuel Expense: $2,040.00
    • Gross Income: $80,700.00
    • Insurance Expense: $1,600.00
    • Electric Expense Source: Owner Projection
    • Fuel Expense Source: Owner Projection
    • Insurance Expense Source: Owner Projection
    • Trash Expense Source: Combination
    • Water Expense Source: Owner Projection
    • Water Sewer Expense: $1,080.00
    Unit 1
    • Unit Type Actual Rent: $1,825.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Lease Expiration Date: 06/26
    Unit 2
    • Unit Type Actual Rent: $1,600.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 2
    • Lease Expiration Date: 05/25
    Unit 3
    • Unit Type Actual Rent: $1,550.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Lease Expiration Date: 05/25
    Unit 4
    • Unit Type Actual Rent: $1,750.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 4
    • Lease Expiration Date: 10/25

    Property History for 1425 North Cleaver Street

    DateEvent & SourcePriceAppreciation
    May 28, 2025

    Sold

    MRED #12324659

    $965,000
    May 7, 2025

    Pending

    MRED #12324659

    May 7, 2025

    Contingent

    MRED #12324659

    DateEvent & SourcePrice
    05/28/2025

    Sold

    MRED #12324659

    $965,000
    05/07/2025

    Pending

    MRED #12324659

    05/07/2025

    Contingent

    MRED #12324659

    For completeness, we often displays two records for one sale: the MLS record and the public record.

    Public Records for 1425 North Cleaver Street

    Taxable ValueLand$23,281Additions$34,719Total$58,000
    Tax Record2023$16,083 ($1,340 / month)
    Home Facts
    Baths2Total Finished SqFt2,310 SqFtAbove Grade Finished SqFt2,310 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1893CountyCOOKAPN17-05-110-014

    Schools near 1425 North Cleaver Street

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - PK to 8
    Public - 9 to 12
    Public - 9 to 12
    Public - 9 to 12
    Rating
    School
    Distance
    Lozano Elementary Bilingual & Intl Center
    PublicPK to 8

    Wells Community Academy High School
    Public9 to 12

    Chicago Excel Academy High School
    Public9 to 12

    Excel Safe Academy West
    Public9 to 12

    School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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    No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

    Listing Courtesy of Realty of America, LLC

    Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 05/29/2025 01:54 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.