3734 N Wayne Ave

Chicago, IL 60613

$1,005,000
Last Sold Price
6
Beds
2,900 Sq. Ft.
$347 / Sq. Ft.
2,900
Sq. Ft.
$347
per Sq. Ft.
Get preapproved with Rocket Mortgage1
Closed 3/13/17
Closed 3/13/17

Description

Enviable location, extra wide lot, zoned RT 3.5, great rents, this well maintained building has endless possibilities. Keep as an armchair investment property or convert to SFH. Block is full of $2MM plus homes. Current cap rate is at 5% and rents are below market. All units have large bedrooms, updated kitchens and bathrooms and have separate utilities. Priced close to land value. Add this to your portfolio today or make it your home. First and second floor units over 1,100 square feet each. Seller...Enviable location, extra wide lot, zoned RT 3.5, great rents, this well maintained building has endless possibilities. Keep as an armchair investment property or convert to SFH. Block is full of $2MM plus homes. Current cap rate is at 5% and rents are below market. All units have large bedrooms, updated kitchens and bathrooms and have separate utilities. Priced close to land value. Add this to your portfolio today or make it your home. First and second floor units over 1,100 square feet each. Seller or listing office does not warrant legality of garden unit.
  1. Listed by Gary • Lucid Realty, Inc.
    P: (312)-738-0232 C: (312)-259-1762 glucido@lucidrealty.com
  2. Listed by Marco Mejia • Lucid Realty, Inc.
    P: (773)-991-1222 C: (773)-991-1222 marcotmejia@hotmail.com

Sold By NON MEMBER

Property Details for 3734 North Wayne Avenue

Area
CHI - Lake View
Township
LAKE VIEW
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Parking Spaces
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air
Architectural Style
Brownstone
LISTING UPDATED: 04/24/2017 12:37 PM

Property Details for 3734 North Wayne Avenue

StatusClosed
MLS #09604315
Days on Market17
Taxes$12,362 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1911
Lot Size0.08 AC / 3,484 SF
CountyCook County
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Location

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Building Information for 3734 North Wayne Avenue

Stories-Residences3Year Built1911Building Size-Lot Size0.08 AC / 3,484 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$6,038 per month

30 year fixed, 6.36% Interest

Principal and Interest

$5,008

Property Taxes

$1,030

HOA Dues

$0

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Property Information for 3734 North Wayne Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: BLAINE ELEMENTARY SCHOOL
  • Jr High Middle School: BLAINE ELEMENTARY SCHOOL
  • High School District: 299
  • High School: LAKE VIEW HIGH SCHOOL
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 14
  • Bedrooms Total: 6
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Bath Amenities: Soaking Tub
  • Basement Type: Full
  • Bedrooms Possible: 6
  • Basement Description: Finished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 0
  • Room Type: Enclosed Porch
  • Num of Baths: 3.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Other Equipment: CO Detectors, Ceiling Fan(s)
Property/Lot Information
  • Exterior Property Features: Roof Deck
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2005
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 30X120
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick, Limestone
  • Roof Type: Rubber
  • Foundation Details: Concrete Perimeter, Stone
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • North Coordinate: 3734
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1300
  • 3 Br Un In Bldg: No
Property and Assessments
  • Photos Count: 24
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 04-24-2017
Multi Family
Income & Expenses
  • Gross Income: $67,560.00
  • Net Operating Income: $53,560.00
  • Other Expenses $: 14000
Unit 1
  • Unit Type Actual Rent: $1,830.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 06/17
Unit 2
  • Unit Type Actual Rent: $2,100.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 03/17
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: 06/17

Property History for 3734 North Wayne Avenue

DateEvent & SourcePriceAppreciation
Mar 13, 2017

Sold

MRED #09604315

$1,005,000—
Mar 9, 2017

Sold (Public Record)

Public Record #590537984

$1,005,000—
Feb 16, 2017

Pending

MRED #09604315

—
DateEvent & SourcePrice
03/13/2017

Sold

MRED #09604315

$1,005,000
03/09/2017

Sold (Public Record)

Public Record #590537984

$1,005,000
02/16/2017

Pending

MRED #09604315

—

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

Public Records for 3734 North Wayne Avenue

Taxable ValueLand$67,518Additions$242,482Total$310,000
Tax Record2023$49,275 ($4,106 / month)
Home Facts
Beds5Baths5.5Total Finished SqFt4,301 SqFtAbove Grade Finished SqFt4,301 SqFtStories3Lot Size3,630 SqFtStyleSingle Family ResidenceYear Built2019CountyCOOKAPN14-20-115-025Fireplace TypeHas Fireplace

Schools near 3734 North Wayne Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Blaine Elementary School
Public - PK to 8
Lake View High School
Public - 9 to 12
Hawthorne Elementary Scholastic Academy
Public - K to 8
Inter-American Elementary Magnet School
Public - PK to 8
Rating
School
Distance
Blaine Elementary School
PublicPK to 8

Lake View High School
Public9 to 12

Hawthorne Elementary Scholastic Academy
PublicK to 8

Inter-American Elementary Magnet School
PublicPK 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 descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lucid Realty, 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 04/24/2017 12:37 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.