1440 North Cleveland Avenue

Chicago, IL 60610

$1,080,000
Last Sold Price
10
Beds
7
Baths
3
1/2 Baths
5,100 Sq. Ft.
$212 / Sq. Ft.
5,100
Sq. Ft.
$212
per Sq. Ft.

Description

This is a brick masonry 3-flat in the heart of Old Town. Unit #1 is a large 3 bedroom/3.5 bathroom duplex down Units #2 and #3 are two huge 2 bedroom/2.5 bathroom simplexes. High ceilings, fireplaces, hardwood flooring throughout, central heat and A/C, in-unit washers and dryers as well as rear porches and rooftop deck with amazing downtown skyline view. All units are very spacious and have natural light including skylights on the top floor. Keep as high-end luxury rentals (ALL UNITS ARE RENTED CURRENTLY...This is a brick masonry 3-flat in the heart of Old Town. Unit #1 is a large 3 bedroom/3.5 bathroom duplex down Units #2 and #3 are two huge 2 bedroom/2.5 bathroom simplexes. High ceilings, fireplaces, hardwood flooring throughout, central heat and A/C, in-unit washers and dryers as well as rear porches and rooftop deck with amazing downtown skyline view. All units are very spacious and have natural light including skylights on the top floor. Keep as high-end luxury rentals (ALL UNITS ARE RENTED CURRENTLY for total $9400/monthly income) or sell individually as condos. 3 car parking pad in the rear of the property. These units were Air BnB units previous to Covid-19 and earned over 200k per year! Walk to everything on Wells St., the Brown line 'L' stop at Sedgwick, Lincoln Park and Lake Michigan. Actual financials as well as projections are available upon request. Also selling 4 unit residential fully rented building at 842 Wood. Will entertain a package offer.
  1. Listed by Stephen Fisher • Berkshire Hathaway HomeServices Chicago

Sold By Charles Rutenberg Realty

Property Details for 1440 North Cleveland Avenue

Area
CHI - Near North Side
Township
North Chicago
Ownership
Fee Simple
Num Of Parking Spaces
3.0
Num Of Cars
3.0
Heat/Fuel
Natural Gas
Architectural Style
Brownstone

Location

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LISTING UPDATED: 05/05/2021 09:58 AM

Property Details for 1440 North Cleveland Avenue

StatusClosed
MLS #10855439
Days on Market122
Taxes$21,018 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1890
Lot Size0.06 AC / 2,613 SF
CountyCook County

Location

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Building Information for 1440 North Cleveland Avenue

Stories-Residences3Year Built1890Building Size-Lot Size0.06 AC / 2,613 SF

Payment Calculator

$7,646 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,894

Property Taxes

$1,752

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1440 North Cleveland Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking On Site: true
  • Parking Ownership: Owned
Property Information
Interior Features
  • Num Of Rooms: 14
  • Bedrooms (Below Grade): 0
  • Community Features: Park, Lake, Curbs, Gated, Sidewalks
  • Basement Type: Full
  • Bedrooms Possible: 10
  • Basement Description: Finished
  • # Full Baths in Building: 7
  • # Half Baths in Building: 3
  • Num of Baths: 7.3
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Standard Chicago Lot
  • Lot Dimensions: 24X121
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 1440
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 500
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 9
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
  • Virtual Tour Date: 09-13-2020
Multi Family
Unit 1
  • Unit Type Actual Rent: $4,000.00
  • Unit Type Baths Total: 4
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Total Sq Ft - Unit 1: 2500
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 6
  • # Half Baths-Unit 1: 1
  • # Full Baths-Unit 1: 3
  • Appliances/Features Unit 1: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Wood, Hardwood Floors
  • Lease Exp Date (Mo/Yr) - Unit 1: 04-21-2024
  • Sec Deposit $ - Unit 1: 0
  • Tenant Pays - Unit 1: Electric, Gas, Heat
Unit 2
  • Unit Type Actual Rent: $2,700.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Total Sq Ft - Unit 2: 1300
  • Floor # - Unit 2: 2
  • # Of Rooms - Unit 2: 4
  • # Half Baths-Unit 2: 1
  • # Full Baths-Unit 2: 2
  • Appliances/Features Unit 2: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Wood, Hardwood Floors
  • Lease Exp Date (Mo/Yr) - Unit 2: 07-21-2024
  • Sec Deposit $ - Unit 2: 0
  • Tenant Pays - Unit 2: Electric, Gas, Heat
Unit 3
  • Unit Type Actual Rent: $2,700.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Total Sq Ft - Unit 3: 1300
  • Floor # - Unit 3: 3
  • # Of Rooms - Unit 3: 4
  • # Half Baths-Unit 3: 1
  • # Full Baths-Unit 3: 2
  • Appliances/Features Unit 3: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Fireplace-Wood, Hardwood Floors
  • Lease Exp Date (Mo/Yr) - Unit 3: 06-21-2024
  • Sec Deposit $ - Unit 3: 0
  • Tenant Pays - Unit 3: Electric, Gas, Heat

Property History for 1440 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 1440 North Cleveland Avenue

Taxable ValueLand$36,600Additions$58,673Total$95,273
Tax Record2022$19,596 ($1,633 / month)
Home Facts
Baths5Total Finished SqFt3,526 SqFtAbove Grade Finished SqFt3,526 SqFtStories2Lot Size2,928 SqFtStyleMulti-Family Res (5+ Units)Year Built1888CountyCOOKAPN17-04-122-037

Schools near 1440 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

CICS - Quest North Campus
Charter9 to 12

Noble St Charter-the Noble Academy
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.

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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 Berkshire Hathaway HomeServices Chicago

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 05/05/2021 09:58 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.