112 Chicago Street, Unit L7187

Dewey Beach, DE 19971

$1,575,000
Price
4
Beds
3
Baths
1,800 Sq. Ft.
$875 / Sq. Ft.
1,800
Sq. Ft.
$875
per Sq. Ft.

Description

Back on the market with a new 60 year lease.! The new lease offers the ability to obtain a typical conventional mortgage. Captivating Classic Dewey Charm. Located just a very short 1.5 blocks from the beach! This is one of the nicest renovated classic home that I've seen! Located on Chicago St. in Rehoboth By The Sea this home offers the charm of yesteryear accented by a recent renovation. The home features 4 beds and 3 full baths. The kitchen upgrades include custom cabinetry, granite counters,...Back on the market with a new 60 year lease.! The new lease offers the ability to obtain a typical conventional mortgage. Captivating Classic Dewey Charm. Located just a very short 1.5 blocks from the beach! This is one of the nicest renovated classic home that I've seen! Located on Chicago St. in Rehoboth By The Sea this home offers the charm of yesteryear accented by a recent renovation. The home features 4 beds and 3 full baths. The kitchen upgrades include custom cabinetry, granite counters, tiled backsplash, island bar and plenty of sunshine! The three full bathrooms boast tile floors, tile showers, granite counters, and elegant glass bowl sinks. New windows throughout & newer hvac systems ensure you of year round comfort. The custom colors, skylights, custom shutters and tasteful furnishings create a very beachy atmosphere. The exterior of the home is practically maintenance free. Vinyl cedar siding impression gives the home a classy look. Beautiful landscaping, irrigation, front covered porch, side deck and walkway & full fencing that provides provides plenty of privacy . The side screened porch is a perfect spot for a bug free end of the day BBQ! This is a Rehoboth By The Sea leased land property. Some bookings in place for 2024. Fully furnished and turn key ready. Call today to schedule your private showing!
  1. Listed by JOSEPH CHOMA • Berkshire Hathaway HomeServices PenFed Realty
    P: 3023815602 joechoma@deweybeachhomesales.com

Property Details for 112 Chicago Street, Unit L7187

Tax ID Number
334-20.14-119.00-L7187
Ownership
Land Lease
Condo Coop Association
No
HOA
No
Structure Type
Detached
Style
Ranch/Rambler
Levels/Stories
1
Furnished
Yes

Location

Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty
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LISTING UPDATED: 06/14/2024 03:49 PM

Property Details for 112 Chicago Street, Unit L7187

StatusActive
MLS #DESU2061912
Days on Market15
Taxes$724 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Land Lease
Year Built1970
Lot Size0.11 AC / 4,792 SF
CountySussex County

Location

Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty
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Building Information for 112 Chicago Street, Unit L7187

Stories1Year Built1970Building Size-Lot Size0.11 AC / 4,792 SF

Payment Calculator

$8,656 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,595

Property Taxes

$60

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 112 Chicago Street, Unit L7187

Location
Location
  • In City Limits: Yes
  • School District Name: CAPE HENLOPEN
  • School District County ID: 300200396895
  • SchoolDistrictSource: 3rd Party
  • High School: CAPE HENLOPEN (SUSSEX DE)
  • HighSchoolSource: 3rd Party
  • County: SUSSEX
  • MLS Area: Lewes Rehoboth Hundred (31009)
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: Yes
  • Water Access Features: Boat - Powered, Canoe/Kayak, Fishing Allowed, Personal Watercraft (PWC), Public Access, Public Beach, Swimming Allowed
  • Water Oriented: Yes
  • Navigable Water: Yes
  • Tidal Water: No
  • Water Body Name: Atlantic Ocean
  • Water Body Type: Ocean
  • Distance To Body Of Water: 1.00
  • Distance To Body Of Water Units: Blocks
Association / Community Info
Association / Community Info
  • Senior Community: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Year Assessed: 2023
  • County Tax: $56
  • City Town Tax: $110
  • Clean Green Assessed: No
  • Land Use Code: 999
  • Zoning: TOWN CODES
  • Tax Lot: 21
  • School Tax: $558
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Pets Allowed: Yes
  • Pet Restrictions: No Pet Restrictions
Rooms
Main
  • # Bedrooms Count Main Level: 4
  • # Bathrooms Count Main Level: 3
  • # Bathrooms Full Main Level: 3
Rooms
  • Room List: Living Room, Kitchen, Family Room, Screened Porch
  • Stories: Main
Rooms Information
Room 1
  • Room Type: Kitchen
  • Room Level: Main
  • Room Exists: Yes
Room 2
  • Room Type: Family Room
  • Room Level: Main
  • Room Exists: Yes
Room 3
  • Room Type: Screened Porch
  • Room Level: Main
  • Room Exists: Yes
Room 4
  • Room Type: Living Room
  • Room Level: Main
  • Room Exists: Yes
Financial Information
Expenses
  • Income Expense List: Annual Ground Rent
Financial Information
  • Annual Rental Income: $53,350
Building Info
Building Info
  • Total Finished SQFT: 1,800.00
  • Total Finished SQFT Source: Estimated
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Size Dimensions: 0.00 x 0.00
  • Lot Dimensions Source: Assessor
  • Parcel ID: 5203994
  • Ground Rent Exists: Yes
  • Ground Rent Years Remaining: 11
  • Land Lease Amount: $25,000
  • Land Lease Amount Frequency: Annually
  • Land Lease Years Remaining: 60
Parking
Parking
  • Type Of Parking: Driveway, On Street
  • Driveway - # of Spaces: 4
  • Parking Features: Stone Driveway
Interior Features
Interior Features
  • Interior Features: Breakfast Area, Ceiling Fan(s), Combination Kitchen/Dining, Dining Area, Entry Level Bedroom, Exposed Beams, Floor Plan - Open, Kitchen - Eat-In, Skylight(s), Stall Shower, Window Treatments, Wine Storage, Wood Floors
  • Fireplace: No
  • Appliances: Dishwasher, Disposal, Exhaust Fan, Extra Refrigerator/Freezer, Refrigerator, Washer/Dryer Stacked
  • Accessibility Features: 2+ Access Exits
  • Window Features: Double Pane, Double Hung, Skylights, Screens, Sliding, Vinyl Clad
Exterior Features
Exterior Features
  • Exterior Features: Gutter System
  • Outdoor Living Structures: Screened, Porch(es)
  • Pool: No Pool
  • Other Structures: Above Grade, Below Grade
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s)
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Septic
Confidential Data
Listing Office
  • List Agent AOR: Sussex County Association of REALTORS (DE)

Property History for 112 Chicago Street, Unit L7187

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 112 Chicago Street, Unit L7187

This home is within Cape Henlopen School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Rehoboth Elementary School
PublicK to 5

Mariner Middle School
Public6 to 8

Cape Henlopen High School
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.

Similar Homes

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112 Chicago Street, Unit L7187 is a single family home for sale in Dewey Beach, DE 19971. This property was listed for sale on May 10, 2024 by Berkshire Hathaway HomeServices PenFed Realty, it's currently listed at $1,575,000. It has been on the market for a total of 15 days and was last sold on June 16, 2008. This listing's school district is Cape Henlopen School District. Nearby schools include Rehoboth Elementary School, Mariner Middle School and Cape Henlopen High School. 112 Chicago Street, Unit L7187 is a 4-bed, 3-bath, 1,800 sqft single family home built in 1970.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of Berkshire Hathaway HomeServices PenFed Realty

Based on information from one of the following Multiple Listing Services: BRIGHT, Greator Scranton Board 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 BRIGHT, Greator Scranton Board 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.