1406 North Cleveland Avenue

Chicago, IL 60610

$1,425,000
Last Sold Price
8
Beds
3
Baths
3
1/2 Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This property is a original Old Town GEM! Two 3 bedroom units, one 1 bedroom unit easily convertible to a 2 bedroom, finished basement, and incredible roof deck! This building goes back to the time when buildings were crafted with chiseled limestone maneuvered in place by sheer will. These walls were built three courses thick brick by brick with real Portland cement (NO CINDER BLOCKS HERE). Check the listing: this is one of the LAST real Old Town real estate opportunities to own an original. This...This property is a original Old Town GEM! Two 3 bedroom units, one 1 bedroom unit easily convertible to a 2 bedroom, finished basement, and incredible roof deck! This building goes back to the time when buildings were crafted with chiseled limestone maneuvered in place by sheer will. These walls were built three courses thick brick by brick with real Portland cement (NO CINDER BLOCKS HERE). Check the listing: this is one of the LAST real Old Town real estate opportunities to own an original. This gem has all the right upgrades: cast iron sewers to the street and 1.5 inch water copper water main returning to the building (not one inch of old galvanized in the entire building). Electrical is upgraded with twelve to sixteen brakers per unit. Three new H. V. A. C. units, two 2.5, and one 3 ton condensers installed two years ago. This investment has ten foot ceilings and seven foot windows with plenty of natural light on a beautiful tree lined street. Just steps away from shopping, world class restaurants just a short walk away, trains, parks, beaches. Or stay home and entertain on the 40x20 roof top deck with running water and electrical outlets. Better move on this one there is not another like it!
  1. Listed by Leigh Marcus • @properties Christie's International Real Estate

Sold By Compass

Property Details for 1406 North Cleveland Avenue

Area
CHI - Near North Side
Subdivision
Old Town
Township
North Chicago
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

Location

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LISTING UPDATED: 04/27/2024 03:00 AM

Property Details for 1406 North Cleveland Avenue

StatusClosed
MLS #11965765
Days on Market82
Taxes$16,535 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Story Unit/S
Year Built1885
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

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Building Information for 1406 North Cleveland Avenue

Stories-Residences3Year Built1885Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

$9,155 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,777

Property Taxes

$1,378

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1406 North Cleveland Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Manierre Elementary School
  • High School District: 299
  • High School: Lincoln Park High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Property Information
Interior Features
  • Num Of Rooms: 20
  • Bedrooms (Below Grade): 0
  • Community Features: Gated
  • Bath Amenities: Separate Shower
  • Basement Type: Full
  • Bedrooms Possible: 8
  • Basement Description: Finished
  • # Full Baths in Building: 3
  • # Half Baths in Building: 3
  • Num of Baths: 3.3
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Other Equipment: Humidifier, Ceiling Fan(s), Sump Pump, Air Purifier, Multiple Water Heaters
Property/Lot Information
  • Exterior Property Features: Deck, Porch, Roof Deck
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2012
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Standard Chicago Lot
  • Lot Dimensions: 25X125
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • General Information: Commuter Bus,Commuter Train
  • North Coordinate: 1017
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 450
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: Yes
  • Conversion: N
Property and Assessments
  • Public Document Count: 5
  • Document Date: 2024-02-23T15:04:02
  • Photos Count: 66
  • Deconversion: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 02-02-2024
Multi Family
Income & Expenses
  • Electric Expense: $720.00
  • Gross Income: $114,000.00
  • Insurance Expense: $2,400.00
  • Other Addl Income: Garage/s
  • Net Operating Income: $92,845.00
  • Water Sewer Expense: $1,500.00
Unit 1
  • Unit Type Actual Rent: $3,500.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 7/24
Unit 2
  • Unit Type Actual Rent: $3,750.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 9/24
Unit 3
  • Unit Type Actual Rent: $2,250.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: OWN

Property History for 1406 North Cleveland Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1406 North Cleveland Avenue

Taxable ValueLand$36,600Additions$74,400Total$111,000
Tax Record2022$16,535 ($1,378 / month)
Home Facts
Baths3Total Finished SqFt3,174 SqFtAbove Grade Finished SqFt3,174 SqFtStories3Lot Size2,928 SqFtStyleMulti-Family Res (5+ Units)Year Built1883CountyCOOKAPN17-04-122-051

Schools near 1406 North Cleveland Avenue

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

Lincoln Park High School
Public9 to 12

Noble St Charter-the Noble Academy
Charter9 to 12

CICS - Quest North Campus
Charter9 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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Similar Sold Homes

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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 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 @properties Christie's International 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.