1418 West Blackhawk Street

Chicago, IL 60642

$1,450,000
Last Sold Price
10
Beds
7
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Stellar turn-key Wicker Park/Noble Square 2016 fully gut-rehabbed 7-unit multi-family investment property. 100% occupied, very easy to rent! Opportunity to increase rents! All HVAC, electric, plumbing and roof are from 2016. Building produces $164,640 in gross annual income. All units feature separately metered electric and gas, and have individual HVAC, in-unit laundry, stainless steel appliances, quartz countertops, modern finishes and solid hardwood flooring. Three 2 Bed/1 Bath units in front...Stellar turn-key Wicker Park/Noble Square 2016 fully gut-rehabbed 7-unit multi-family investment property. 100% occupied, very easy to rent! Opportunity to increase rents! All HVAC, electric, plumbing and roof are from 2016. Building produces $164,640 in gross annual income. All units feature separately metered electric and gas, and have individual HVAC, in-unit laundry, stainless steel appliances, quartz countertops, modern finishes and solid hardwood flooring. Three 2 Bed/1 Bath units in front masonry building and four 1 Bed/1 Bath units in rear building. No basement units. Unfinished attic space currently used as tenant storage, plus additional separate landlord storage room! Unbeatable location that's walking distance to CTA blue line and bus, plus all of the wonderful restaurants and entertainment in Wicker Park and Bucktown. Easy highway access. Easy street parking. Across the street from park space, Pulaski Park fieldhouse and dog park.
  1. Listed by Aaron Greenberg • Kale Realty

Sold By Base 3 Properties

Property Details for 1418 West Blackhawk Street

Area
CHI - West Town
Township
West Chicago
Num of Interior Fireplaces
0
Zoning
MULTI

Location

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LISTING UPDATED: 03/13/2024 11:09 AM

Property Details for 1418 West Blackhawk Street

StatusClosed
MLS #11950032
Days on Market84
Taxes$38,589 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1876
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

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Building Information for 1418 West Blackhawk Street

Stories-Residences7Year Built1876Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

$11,129 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,913

Property Taxes

$3,216

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1418 West Blackhawk Street

General Information
Location and General Information
  • Frontage Type: City Street
  • Information: No Sign on Property
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers, Separate Meters
  • # Of Washers: 7
  • Basement Description: Crawl
  • Heat/Ventilation: Forced Air,Gas,Separate Per Unit
  • # Of Window/Ac: 0
  • # Of Refrigerators: 7
  • Washer/Dryer Lsd: No
  • # Of Dryers: 7
  • # Of Disposals: 0
  • # Of Dishwashers: 7
  • Num of Baths: 7.0
Exterior Features
  • Misc Outside: Balcony/ies,Fire Escape
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 25 X 125
  • Lot Size Square Feet: 3125.0
  • Stories: 3
  • Exterior Building Type: Vinyl Siding, Brick
  • Construction: Brick, Wood Frame
  • Roof Structure: Pitched
  • # Of Ranges: 7
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 14
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Electric Expense: $1,865.00
  • Fuel Expense: $.00
  • Gross Income: $164,640.00
  • Gross Scheduled Income: $164,640.00
  • Insurance Expense: $4,129.00
  • Maintenance Expense: $3,136.00
  • Manager Expense: $8,181.00
  • Electric Expense Source: Actual
  • Expense Year: 2022
  • Total Annual Expense Source: Combination
  • Insurance Expense Source: Broker Projection
  • Janitor Expense: 0
  • Manager Expense Source: BP
  • Net Operating Income Year: 2022
  • Other Expense Source: Broker Projection
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 13720
  • Water Expense Source: Actual
  • Net Operating Income: $100,439.00
  • Operating Expense: $63,181.00
  • Other Expense: $900.00
  • Trash Expense: $1,565.00
  • Water Sewer Expense: $2,182.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 3
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 4
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
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 1418 West Blackhawk 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 1418 West Blackhawk Street

Taxable ValueLand$19,680Additions$172,214Total$191,894
Tax Record2022$39,469 ($3,289 / month)
Home Facts
Baths3Total Finished SqFt2,988 SqFtAbove Grade Finished SqFt2,988 SqFtStories2Lot Size3,280 SqFtStyleMulti-Family Res (5+ Units)Year Built1876CountyCOOKAPN17-05-110-023

Schools near 1418 West Blackhawk Street

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Charter - 6 to 12
Rating
School
Distance
Lozano Elementary Bilingual & Intl Center
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Rowe Elementary School
CharterK to 8

Noble Street College Prep
Charter6 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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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 Kale Realty

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. Based on information submitted to the MLS GRID as of 03/13/2024 11:09 AM. 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.