2610 W Rice St
Chicago, IL 60622

$990,000

Last Sold Price

Beds

Baths

—Sq. Ft.

— / Sq. Ft.

—

Sq. Ft.

—

per Sq. Ft.

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Closed 8/7/23

2610 West Rice Street Chicago, IL 60622 - Photo 1 of 1

Description

See Broker Remarks Classic Masonry Tandem 6 Unit Workhorse on the confluence of Smith Park, West Ukrainian Village and East Humboldt Park burgeoning with independent and cultural boutiques/commerce and connected to multiple gateways of transit. Sequestered on a Unique Cul-De-Sac with Made for TV Chicago Streetscape, Handsome facade with Whimsical claim. Meaningful Cap X Improvements Include Not Limited to Replacement Windows, Rear Decks, Masonry & Tuckpointing Roof, Electric Service, HVAC and More....See Broker Remarks Classic Masonry Tandem 6 Unit Workhorse on the confluence of Smith Park, West Ukrainian Village and East Humboldt Park burgeoning with independent and cultural boutiques/commerce and connected to multiple gateways of transit. Sequestered on a Unique Cul-De-Sac with Made for TV Chicago Streetscape, Handsome facade with Whimsical claim. Meaningful Cap X Improvements Include Not Limited to Replacement Windows, Rear Decks, Masonry & Tuckpointing Roof, Electric Service, HVAC and More. Diverse Floorplans, AAA Tenant base, Units Feature Individual HVAC, HO2, Combination of Central Air and Window A/C, Quartz and Granite Countertops, Stainless Steel, Subway Tile, Wainscotting Tile and Beadboard Baths, Hardwood Floors and LVT. Owned Laundry on Site, Storage, 2 car garage with 2nd level unfinished attic might offer possible ADU expansion opportunity. Some Meat on the Bone for Minor Value Add by Choice, not Necessity. Perfect for 1031 Trade, Smaller Investor looking to Move up in Asset Class or a No Brainer Add into Portfolio. Rent Roll/Lease Schedule, Fixed Operating Expenses, Heating Disclosures, Survey, and List of CAP X Improvements Available Upon Request. 48 hours' Notice Required for All Showings.

Listed by Karen Biazar • North Clybourn Group, Inc.
P: (773)-645-7900 karen@northclybourngroup.com
Listed by Staci Slattery • North Clybourn Group, Inc.
P: (773)-645-7907 staci@northclybourngroup.com;staci@ncgchicago.com

Property Details for 2610 West Rice Street

Area

CHI - West Town

Township

West Chicago

Num Of Parking Spaces

2.0

Air Conditioning Type

Central Air, Window Unit(s)

Num of Interior Fireplaces

Zoning

MULTI

LISTING CLOSED: 08/07/2023 12:00 AM

Property Details for 2610 West Rice Street

Status	Closed
MLS #	11832242
Days on Market	10
Taxes	$14,880 / year
HOA Fees	-
Condo/Co-op Fees	-
Property Type	Multi Family
MLS Type	Multi Family 5+ / Flats
Year Built	1891
Lot Size	0.07 AC / 3,116 SF
County	Cook County

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Location

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Building Information for 2610 West Rice Street

Stories3Residences6Year Built1891Building Size-Lot Size0.07 AC / 3,116 SF

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OriginPoint Mortgage or Rocket Mortgage¹

$6,272 per month

30 year fixed, 6.55% Interest

Principal and Interest

$5,032

Property Taxes

$1,240

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 2610 West Rice Street

General Information

Addtl Parking Information

Indoor Parking: 1-5 Spaces,Detached

Location and General Information

Frontage Type: City Street
Information: List Broker Must Accompany,48-Hr Notice Required

Taxes and HOA Information

Association Fee Includes: None
Additional Parcels: No

Property Information

Interior Features

Air Conditioning: Central Air, Window Unit(s)
Electric: Circuit Breakers, Separate Meters, Service - 201 to 600 Amps

# Of Washers: 1
Basement Description: Finished, Exterior Access
Heat/Ventilation: Forced Air,Gas,Separate Per Unit
# Of Window/Ac: 3
# Of Refrigerators: 6
Washer/Dryer Lsd: No
Misc Inside: Laundry Room
# Of Dryers: 1
# Of Dishwashers: 6
Num of Baths: 6.0

Exterior Features

Building Unit Info: Smoke/Alarm Detector,Storage/Locker Area
Misc Outside: Security Lighting,Storms and Screens (as exist),Other

Utilities / Equipment

Utilities: Water-Municipal

Property/Lot Information

Owners Association: No
Tenant Pays: Electricity, Heat

Built Before 1978: Yes
Approximate Age: Older
Multi-Family Type: Flats
Lot Dimensions: 25X124.65
Lot Size Square Feet: 3116.0
Stories: 3
Exterior Building Type: Brick
Construction: Brick
Roof Type: Rubber
Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors
Roof Structure: Flat
Foundation Details: Block, Concrete Perimeter
Lot Size Source: Survey
# Of Ranges: 6
Conversion: N
MRD_UNC: No

Property and Assessments

Possible Use: Multi-Family
Buyer Financing: Conventional, VA

Documents Available: Rent Roll,Leases,Existing Survey
Public Document Count: 9
Document Date: 2023-07-18T19:23:07
Photos Count: 36
Deconversion: N

Miscellaneous

Current Use: Multi-Family
Land Amenities: Curbs and Gutters,Lighting/Exterior,Sidewalks

Location: Cul De Sac

Virtual Tour/Additional Media

Virtual Tour: None
Virtual Tour YN: No

Multi Family

Multi-Family Information

Number Of Units Total: 6

Income & Expenses

Electric Expense: $.00
Fuel Expense: $.00

Gross Income: $103,380.00
Gross Scheduled Income: $103,380.00
Insurance Expense: $6,679.00
Maintenance Expense: $.00
Expense Year: 2021
Janitor Expense: 0
Net Operating Income Year: 2021
Other Expense Source: Actual
Total Monthly Income: 8615
Net Operating Income: $77,515.00
Operating Expense: $26,265.00
Other Expense: $4,706.00
Trash Expense: $.00
Water Sewer Expense: $.00

Unit 1

Unit Type Baths Total: 1
Unit Type Beds Total: 2

Unit Type Type: Unit 1
Unit Type Units Total: 2

Unit 2

Unit Type Baths Total: 1
Unit Type Beds Total: 1

Unit Type Type: Unit 2
Unit Type Units Total: 1

Unit 3

Unit Type Baths Total: 1
Unit Type Beds Total: 2

Unit Type Type: Unit 3
Unit Type Units Total: 2

Unit 4

Unit Type Baths Total: 1
Unit Type Beds Total: 1

Unit Type Type: Unit 4
Unit Type Units Total: 1

Unit 5

Unit Type Baths Total: 1
Unit Type Beds Total: 0

Unit Type Type: Unit 5
Unit Type Units Total: 0

Unit 6

Unit Type Baths Total: 1
Unit Type Beds Total: 0

Unit Type Type: Unit 6
Unit Type Units Total: 0

Unit 7

Unit Type Beds Total: 0
Unit Type Type: Unit 7

Unit Type Units Total: 0

Property History for 2610 West Rice Street

Date	Event & Source	Price	Appreciation
Aug 7, 2023	Sold MRED #11832242	$990,000	—
Aug 1, 2023	Sold (Public Record) Public Record #1517116613	$990,000	+4.7% / yr
Jul 23, 2023	Pending MRED #11832242		—
Jul 14, 2023	Listed (Active) MRED #11832242	$995,000	—
Sep 16, 2013	Sold (Public Record) Public Record #369883822	$630,000	+3.0% / yr
Sep 16, 2013	Sold MRED #08311016	$630,000	—
Jul 18, 2013	Pending MRED #08311016		—
Apr 8, 2013	Listed (Active) MRED #08311016	$700,000	—
Mar 19, 2004	Sold (Public Record) Public Record #133413950	$475,000	—

Date	Event & Source	Price
08/07/2023	Sold MRED #11832242	$990,000
08/01/2023	Sold (Public Record) Public Record #1517116613	$990,000 +4.7% / yr
07/23/2023	Pending MRED #11832242	—
07/14/2023	Listed (Active) MRED #11832242	$995,000
09/16/2013	Sold (Public Record) Public Record #369883822	$630,000 +3.0% / yr
09/16/2013	Sold MRED #08311016	$630,000
07/18/2013	Pending MRED #08311016	—
04/08/2013	Listed (Active) MRED #08311016	$700,000
03/19/2004	Sold (Public Record) Public Record #133413950	$475,000

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

Public Records for 2610 West Rice Street

Taxable ValueLand$17,500Additions$74,500Total$92,000

Tax Record2023$15,660 ($1,305 / month)

Home Facts

Baths5Total Finished SqFt3,741 SqFtAbove Grade Finished SqFt3,741 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1893CountyCOOKAPN16-01-426-037

Schools near 2610 West Rice Street

This home is within Chicago Public Schools.


Rating	School	Type	Grades	Distance
4/10	Chopin Elementary School	Public - Serves this home	PK to 8	0.2 mi
1/10	Clemente Community Academy High School	Public - Serves this home	9 to 12	0.5 mi
10/10	Chicago High School For The Arts	Public - Nearby school	9 to 12	0.2 mi
5/10	Acero Charter - Esmera Santiago Campus	Charter - Choice school	K to 8	0.3 mi
1/10	YCCS-Albizu Campus Puerto Rican	Charter - Choice school	9 to 12	0.5 mi
NR	Pathways in Education - Humboldt Park High School	Public - Choice school	9 to 12	0.5 mi
NR	St Helen School	Private - Nearby school	PK to 8	0.4 mi
NR	Puerto Rican H S - Pedro A Campos	Private - Nearby school	9 to 12	0.4 mi
NR	St Nicholas Cathedral	Private - Nearby school	PK to 8	0.5 mi


Rating	School	Distance
4/10	Chopin Elementary School PublicPK to 8 Serves this home	0.2 mi
1/10	Clemente Community Academy High School Public9 to 12 Serves this home	0.5 mi
10/10	Chicago High School For The Arts Public9 to 12 Nearby school	0.2 mi
5/10	Acero Charter - Esmera Santiago Campus CharterK to 8 Choice school	0.3 mi
1/10	YCCS-Albizu Campus Puerto Rican Charter9 to 12 Choice school	0.5 mi
NR	Pathways in Education - Humboldt Park High School Public9 to 12 Choice school	0.5 mi
NR	St Helen School PrivatePK to 8 Nearby school	0.4 mi
NR	Puerto Rican H S - Pedro A Campos Private9 to 12 Nearby school	0.4 mi
NR	St Nicholas Cathedral PrivatePK to 8 Nearby school	0.5 mi

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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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot AC
2612 West Rice Street, Chicago, IL 60622	$250,000	4	2	–	0.07
2616 West Rice Street, Unit 1, Chicago, IL 60622	$420,000	3	3	2,400	–
2616 West Rice Street, Unit 2, Chicago, IL 60622	$354,000	2	2	1,250	–
2616 West Rice Street, Unit 3, Chicago, IL 60622	$367,000	2	2	1,250	–
838 North Rockwell Street, Unit 1, Chicago, IL 60622	–	–	2	2,228	0.07
832 North Rockwell Street, Chicago, IL 60622	$942,500	9	5	–	0.08
836 North Rockwell Street, Chicago, IL 60622	$320,000	6	2	–	0.07
2618 West Rice Street, Chicago, IL 60622	$480,000	4	3	2,057	0.07
842 North Rockwell Street, Chicago, IL 60622	$375,000	5	3	–	0.09
2620 West Rice Street, Chicago, IL 60622	$950,000	–	6	5,301	0.10
2624 West Rice Street, Unit 3F, Chicago, IL 60622	$312,500	2	1	–	–
2624 West Rice Street, Unit 1R, Chicago, IL 60622	$183,000	1	1	–	–
2624 West Rice Street, Chicago, IL 60622	$654,000	24	12	–	0.09
2624 West Rice Street, Unit 2F, Chicago, IL 60622	$325,000	2	1	–	–
2624 West Rice Street, Unit 2R, Chicago, IL 60622	$217,000	1	1	–	–

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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 North Clybourn Group, Inc.

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 08/07/2023 12:44 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.

2610 W Rice StChicago, IL 60622

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2610 W Rice St
Chicago, IL 60622