1816 W Rice St

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Excellent money maker in East UK Village! Front building w/2 units, 100% full gut rehab throughout, plus 2 units in coach house in good condition. Owner's duplex-up unit w/3BR's, 3BA's, condo quality finishes, everything brand new. Perfect for live-in owner, currently bringing in $4050/month, or rent out entire building for over $7000/month! Great location just off of Chicago Avenue, walk to Division Street.Excellent money maker in East UK Village! Front building w/2 units, 100% full gut rehab throughout, plus 2 units in coach house in good condition. Owner's duplex-up unit w/3BR's, 3BA's, condo quality finishes, everything brand new. Perfect for live-in owner, currently bringing in $4050/month, or rent out entire building for over $7000/month! Great location just off of Chicago Avenue, walk to Division Street.

    Sold By @properties

    Property Details for 1816 West Rice Street

    Area
    CHI - West Town
    Township
    WEST CHICAGO
    Ownership
    Fee Simple
    Num Of Parking Spaces
    0.0
    Heat/Fuel
    Natural Gas, Forced Air
    Zoning
    MULTI
    LISTING CLOSED: 03/29/2013 12:00 AM

    Property Details for 1816 West Rice Street

    StatusClosed
    MLS #08274333
    Days on Market4
    Taxes$7,400 / year
    HOA Fees-
    Condo/Co-op Fees-
    Property TypeMulti Family
    MLS TypeTwo to Four Units / Two to Four Units-Other
    Year Built-
    Lot Size0.07 AC / 3,125 SF
    CountyCook County
    Add your commute

    Building Information for 1816 West Rice Street

    Stories-Residences4Year Built-Building Size-Lot Size0.07 AC / 3,125 SF

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    OriginPoint Mortgage or Rocket Mortgage1

    $4,912 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $4,295

    Property Taxes

    $617

    HOA Dues

    $0

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    Property Information for 1816 West Rice Street

    General Information
    School Information
    • Elementary School District: 299
    • High School District: 299
    • Middle Or Junior School District: 299
    Addtl Parking Information
    • Parking: None
    Property Information
    Interior Features
    • Num Of Rooms: 15
    • Bedrooms Total: 8
    • Bedrooms (Below Grade): 0
    • Community Features: Sidewalks
    • Basement Type: None
    • Bedrooms Possible: 8
    • Basement Description: None
    • Basement Bathrooms: No
    • # Full Baths in Building: 7
    • # Half Baths in Building: 0
    • Num of Baths: 7.0
    Utilities / Equipment
    • Sewer: Sewer-Public
    • Water: Lake Michigan
    Property/Lot Information
    • Exterior Property Features: Balcony, Patio, Porch
    • New Construction YN: No
    • Rehabilitated: Yes
    • Built Before 1978: Yes
    • Age: Unknown
    • Lot Size: Standard Chicago Lot
    • Lot Dimensions: 25X125
    • Total # Units in Building: 4.0
    • Waterfront: No
    • Exterior Building Type: Brick
    • General Information: None
    • North Coordinate: 832
    • South Coordinate: 0
    • East Coordinate: 0
    • West Coordinate: 1816
    • 3 Br Un In Bldg: Yes
    Property and Assessments
    • Photos Count: 10
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    • Virtual Tour Date: 02-20-2013
    Multi Family
    Income & Expenses
    • Gross Income: $84,600.00
    Unit 1
    • Unit Type Actual Rent: $1,800.00
    • Unit Type Baths Total: 2
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 1
    • Lease Expiration Date: 09/13
    Unit 2
    • Unit Type Actual Rent: $2,800.00
    • Unit Type Baths Total: 3
    • Unit Type Beds Total: 3
    • Unit Type Type: Unit 2
    • Lease Expiration Date: 00/00
    Unit 3
    • Unit Type Actual Rent: $1,400.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 2
    • Unit Type Type: Unit 3
    • Lease Expiration Date: 03/14
    Unit 4
    • Unit Type Actual Rent: $1,050.00
    • Unit Type Baths Total: 1
    • Unit Type Beds Total: 1
    • Unit Type Type: Unit 4
    • Lease Expiration Date: 09/13

    Property History for 1816 West Rice Street

    DateEvent & SourcePriceAppreciation
    Mar 29, 2013

    Sold (Public Record)

    Public Record #350675450

    $845,000
    Mar 29, 2013

    Sold

    MRED #08274333

    $845,000
    Feb 22, 2013

    Pending

    MRED #08274333

    DateEvent & SourcePrice
    03/29/2013

    Sold (Public Record)

    Public Record #350675450

    $845,000
    03/29/2013

    Sold

    MRED #08274333

    $845,000
    02/22/2013

    Pending

    MRED #08274333

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

    Public Records for 1816 West Rice Street

    Taxable ValueLand$27,188Additions$109,813Total$137,001
    Tax Record2023$24,229 ($2,019 / month)
    Home Facts
    Baths3Total Finished SqFt2,554 SqFtAbove Grade Finished SqFt2,554 SqFtStories3Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1878CountyCOOKAPN17-06-435-033

    Schools near 1816 West Rice 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
    Talcott Elementary School
    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.

    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 05/04/2021 09:03 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.