1233 West Draper Street

Chicago, IL 60614

$930,000
Price
4
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Incredible opportunity in prime Lincoln Park Neighborhood and Oscar Mayer school district! Building sits on a double lot that is an excellent candidate for redevelopment. Curb cut is allowed! Build a new building on the side lot and keep the existing building, expand on the existing building and convert to a single family, or tear down existing building and build your dream home. Draper Street has multiple newer construction homes and the street is a cul de sac with no alley, making it ideal for...Incredible opportunity in prime Lincoln Park Neighborhood and Oscar Mayer school district! Building sits on a double lot that is an excellent candidate for redevelopment. Curb cut is allowed! Build a new building on the side lot and keep the existing building, expand on the existing building and convert to a single family, or tear down existing building and build your dream home. Draper Street has multiple newer construction homes and the street is a cul de sac with no alley, making it ideal for families. The existing building is a 2 unit, both units being 2 bedrooms and 1 bath. Rents are below market. Both leases expire this year. Apartments have individual furnaces and both furnaces are new. Owner has also replaced both water heaters. Bring your ideas, last double lot on the street sold for more than ask.
  1. Listed by John Campas • Dream Town Real Estate

Property Details for 1233 West Draper Street

Area
CHI - Lincoln Park
Township
Lake View
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Parking Included in Price
No
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI

Location

Listing Courtesy of Dream Town Real Estate
Add your commute
LISTING UPDATED: 03/11/2024 12:07 AM

Property Details for 1233 West Draper Street

StatusActive
MLS #11996375
Days on Market93
Taxes$9,324 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built-
Lot Size0.07 AC / 3,000 SF
CountyCook County

Location

Listing Courtesy of Dream Town Real Estate
Add your commute

Building Information for 1233 West Draper Street

Stories-Residences2Year Built-Building Size-Lot Size0.07 AC / 3,000 SF

Payment Calculator

$5,852 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,075

Property Taxes

$777

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1233 West Draper Street

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Oscar Mayer Elementary School
  • Jr High Middle School: Oscar Mayer Elementary School
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: None
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 8
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 4
  • Basement Description: Partially Finished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Room Type: Utility Room-Lower Level
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
  • Other Equipment: TV-Cable, CO Detectors
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: Unknown
  • Lot Description: Cul-de-Sac
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 50X60
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding, Frame
  • Roof Type: Asphalt
  • Foundation Details: Brick/Mortar, Concrete Perimeter
  • General Information: School Bus Service,Commuter Bus,Commuter Train
  • North Coordinate: 2545
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1233
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2024-03-05T16:26:36
  • Green Supporting Documents: N
  • Photos Count: 2
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $600.00
  • Gross Income: $48,000.00
  • Insurance Expense: $2,000.00
  • Electric Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Trash Expense Source: Broker Projection
  • Water Expense Source: Broker Projection
  • Net Operating Income: $33,876.00
  • Trash Expense: $1,000.00
  • Water Sewer Expense: $1,200.00
  • Other Expenses $: 0
Unit 1
  • Unit Type Actual Rent: $2,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 04/24
Unit 2
  • Unit Type Actual Rent: $2,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 05/24

Property History for 1233 West Draper Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1233 West Draper Street

Taxable ValueLand$22,500Additions$23,868Total$46,368
Tax Record2022$9,537 ($795 / month)
Home Facts
Baths3Total Finished SqFt1,404 SqFtAbove Grade Finished SqFt1,404 SqFtStories2Lot Size1,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1890CountyCOOKAPN14-29-315-060

Schools near 1233 West Draper Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - PK to 8
Rating
School
Distance
Mayer Elementary School
PublicPK to 8

Lincoln Park High School
Public9 to 12

Drummond Elementary 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.

Similar Homes

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Similar Sold Homes

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1233 West Draper Street is a multi-family home for sale in Chicago, IL 60614. This property was listed for sale on March 5, 2024 by Dream Town Real Estate, it's currently listed at $930,000. It has been on the market for a total of 93 days and was last sold on June 12, 2015. This listing's school district is City Of Chicago School District 299. Nearby schools include Mayer Elementary School, Lincoln Park High School and Hawthorne Elementary Scholastic Academy. 1233 West Draper Street is a 4-bed, 2-bath, multi-family home.

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.

Listing Courtesy of Dream Town Real Estate

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.