Sold
Last Sold Price
1934 W Irving Park Rd, Chicago, IL 60613
Mixed UseProperty Type
3,092 sq ftLot Size
1921Year Built

Description

Rarely Available, Gut-Rehabbed Mixed-use Money Maker in NorthCenter just west of Wrigley Field and Lake Michigan. A century ago this stately Greystone was built. Recently it has been 100% gut rehabbed into 4 fully leased condo-quality apartments and one ground floor international destination restaurant and soccer pub known as The Globe. Savvy investors will see that the property is 100% occupied with solid commercial and residential leases (see rent roll addendum). Low expenses as all utilities have...Rarely Available, Gut-Rehabbed Mixed-use Money Maker in NorthCenter just west of Wrigley Field and Lake Michigan. A century ago this stately Greystone was built. Recently it has been 100% gut rehabbed into 4 fully leased condo-quality apartments and one ground floor international destination restaurant and soccer pub known as The Globe. Savvy investors will see that the property is 100% occupied with solid commercial and residential leases (see rent roll addendum). Low expenses as all utilities have been separated. Commercial tenant pays CAM for water, taxes and insurance. Large roof top deck. All new and separate GFA/CAC units. All new electric, plumbing, appliances and facade. Located steps from the Brown Line Ravenswood stop and Lincoln/Damen/Irving Mixed-Use Corridor. Priced to sell not sit. Don't sleep on this one or it will get past you.

    Sold By Compass

    • Listed by: Joseph Wilcox 773.583.0800 joe@wilcoxco.com • The Wilcox Company
    Listing closed: 01/26/2022 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 10968383

    Recent comparable sales

    Median sold price

    $1,500,000

    Avg days on market

    67

    Sale-to-list ratio

    93.9%

    Chicago, IL

    9 comparable properties found

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    $1,720,000 | 2903 West Irving Park Road, Chicago, IL 60618
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    $1,250,000 | 2114 West Roscoe Street, Chicago, IL 60618
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    Sold 10/14/25

    Unavailable
    Bedrooms
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    Bathrooms
    Unavailable
    Square Feet
    0.28
    Acres

    Location

    Add your commute

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    $10,106 per month

    30 year fixed, 6.55% Interest

    Principal and Interest

    $8,514

    Property Taxes

    $1,593

    HOA Dues

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    Property Information for 1934 West Irving Park Road

    Property Details
    • Taxes: $19,111 / year
    • MLS Type: Commercial Sale
    • County: Cook County
    • Area: CHI - North Center
    • Air Conditioning Type: Central Air, Central Individual
    • Num of Interior Fireplaces: 0
    • Zoning: MULTI
    Building Information
    • Stories: 3
    • Residences: 5
    • Year Built: 1921
    • Lot Size: 0.07 AC / 3,092 SF
    General Information
    Location and General Information
    • Frontage Type: City Street
    • Geographic Locale: Chicago North
    • Information: 48-Hr Notice Required,Other-See Remarks
    Taxes and HOA Information
    • Additional Parcels: No
    Property Information
    Interior Features
    • Air Conditioning: Central Air, Central Individual
    • Electric: Circuit Breakers, Separate Meters
    • Flooring: Carpet
    • # Of Washers: 1
    • Heat/Ventilation: Forced Air,Gas
    • # Of Window/Ac: 0
    • # Of Refrigerators: 4
    • Washer/Dryer Lsd: No
    • Misc Inside: Basement,Laundry Room
    • # Of Dryers: 1
    • # Of Disposals: 0
    • # Of Dishwashers: 4
    • Num of Baths: 0.0
    Exterior Features
    • # Of Apts: 4
    • Misc Outside: Sun Deck
    Property/Lot Information
    • Tenant Pays: Common Area Maintenance, Electricity, Heat, Scavenger, Varies by Tenant
    • Built Before 1978: Yes
    • Approximate Age: New Rehab
    • Lot Dimensions: 25' X 120'
    • Lot Size Square Feet: 3092.0
    • Stories: 3
    • Exterior Building Type: Brick, Stone
    • Construction: Brick, Stone
    • Fire Protection: Fire Extinguisher/s
    • Building Area Total: 6078
    • # Of Offices: 0
    • Retail SqFt: 2422
    • # Of Ranges: 4
    • # Of Stores: 1
    • Property Sub Type: Mixed Use
    Property and Assessments
    • Documents Available: Rent Roll,Leases,Floor Plan
    • Public Document Count: 5
    • Document Date: 2021-01-11T22:19:57
    • Photos Count: 63
    • Estimated Cam/Sf: 9.15
    Virtual Tour/Additional Media
    • Virtual Tour: None
    • Virtual Tour YN: No
    • Virtual Tour Date: 01-11-2021
    Multi Family
    Multi-Family Information
    • Number Of Units Total: 5
    Income & Expenses
    • Electric Expense: $.00
    • Fuel Expense: $.00
    • Gross Income: $165,785.00
    • Gross Scheduled Income: $181,007.00
    • Insurance Expense: $5,270.00
    • Expense Year: 2020
    • Total Annual Expense Source: Actual
    • Total Monthly Income: 13815
    • Net Operating Income: $118,763.00
    • Operating Expense: $55,614.00
    • Other Expense: $.00
    • Trash Expense: $2,200.00
    • Water Sewer Expense: $4,900.00

    Property History for 1934 West Irving Park Road

    DateEvent & SourcePriceAppreciation
    Jan 26, 2022

    Sold

    MRED #10968383

    $1,675,000
    Jan 13, 2022

    Sold (Public Record)

    Public Record #1484945884

    $1,675,000

    +3.8% / yr

    Dec 11, 2021

    Pending

    MRED #10968383

    DateEvent & SourcePrice
    01/26/2022

    Sold

    MRED #10968383

    $1,675,000
    01/13/2022

    Sold (Public Record)

    Public Record #1484945884

    $1,675,000

    +3.8% / yr

    12/11/2021

    Pending

    MRED #10968383

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

    Public Records for 1934 West Irving Park Road

    Taxable ValueLand$32,893Additions$84,108Total$117,001
    Tax Record2023$22,851 ($1,904 / month)
    Home Facts
    Baths5.5Total Finished SqFt5,745 SqFtAbove Grade Finished SqFt5,745 SqFtStories3Lot Size2,950 SqFtStyleMulti-Family Res (5+ Units)Year Built1919CountyCOOKAPN14-18-423-026

    Schools near 1934 West Irving Park Road

    This home is within Chicago Public Schools.
    Rating
    School
    Type
    Grades
    Distance
    Public - K to 8
    Public - 9 to 12
    Public - 7 to 12
    Public - 11 to 12
    Rating
    School
    Distance
    Coonley Elementary School
    PublicK to 8

    Lake View High School
    Public9 to 12

    Lane Technical High School
    Public7 to 12

    Devry Advantage Academy High School
    Public11 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.

    Neighborhood Map and Transit

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    Nearby home values

    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 The Wilcox Company

    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 07/29/2024 12:25 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.