Sold
Last Sold Price
10 beds

2610 W Rice St, Chicago, IL 60622

Multi FamilyProperty Type
0.07 acresLot Size
1891Year Built
2 carsParking Spaces

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 773.645.7900 karen@northclybourngroup.com • North Clybourn Group, Inc.
  • Listed by: Staci Slattery 773.645.7907 staci@northclybourngroup.com;staci@ncgchicago.com • North Clybourn Group, Inc.
Listing closed: 08/07/2023 12:00 AM • Source: MRED as distributed by MLS GRID, MLS#: 11832242
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Property Information for 2610 West Rice Street

Property Details

  • Taxes: $14,880 / year
  • MLS Type: Multi Family 5+ / Flats
  • County: Cook County
  • Area: CHI - West Town
  • Township: West Chicago
  • Air Conditioning Type: Central Air, Window Unit(s)
  • Num of Interior Fireplaces: 1
  • Zoning: MULTI

Building Information

  • Stories: 3
  • Residences: 6
  • Year Built: 1891
  • Lot Size: 0.07 AC / 3,116 SF

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

DateEvent & SourcePriceAppreciation
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

—
DateEvent & SourcePrice
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

—

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

Public records

2610 West Rice Street

Baths

5

Total Finished SqFt

3,741 SqFt

Above Grade Finished SqFt

3,741 SqFt

Stories

2

Lot Size

3,125 SqFt

Style

Multi-Family Res (5+ Units)

Schools near 2610 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
Charter - K to 8
Rating
School
Distance
Chopin Elementary School
PublicPK to 8

Clemente Community Academy High School
Public9 to 12

Chicago High School For The Arts
Public9 to 12

Acero Charter - Esmera Santiago Campus
CharterK to 8

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 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.