1542 West Rosemont Avenue

Chicago, IL 60660

$1,250,000
Last Sold Price
12
Beds
6
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Strong arm-chair investment. Rare opportunity to acquire this trophy property fully leased (most leases end 2023). Come seize the opportunity to obtain this all brick, center-entry 6 flat beauty that speaks of yesteryear era! Impeccably maintained and the cleanest building you'll find. Same family ownership for nearly 50 years which shows in the pride of how well the building is kept. Investor's dream with strong financials. These apartments are super-appealing, easy-to-rent apartments that appeal...Strong arm-chair investment. Rare opportunity to acquire this trophy property fully leased (most leases end 2023). Come seize the opportunity to obtain this all brick, center-entry 6 flat beauty that speaks of yesteryear era! Impeccably maintained and the cleanest building you'll find. Same family ownership for nearly 50 years which shows in the pride of how well the building is kept. Investor's dream with strong financials. These apartments are super-appealing, easy-to-rent apartments that appeal to a vast population of renters. All units have newly renovated kitchens with fresh white shaker cabinets and granite countertops. Further updates/improvements could significantly increase rents or keep as it is now as the perfect arm-chair investment! All six units are 2-bedroom/one-bath. Clean, bright apartments with original hardwood floors, generous room sizes and storage galore! There are 2 different floorplans. Both are seven-room layouts with enchanting light-filled treetop sunrooms, defined living spaces with separate living rooms highlighted by decorative fireplaces flanked by built-in bookcases. Full formal dining rooms and enclosed 3 season backporches that function as additional living space or even more storage! Also, each apartment includes an enormous private storage room in the basement. High, clean, dry basement with owned coin-operated laundry. Picturesque garden with grilling and seating areas. Corner, all brick six-car garage! Property is on an over-sized corner lot on a beautiful tree-lined street in the residential Edgewater neighborhood! Near all the shops and restaurants of super-hip Andersonville within walking distance to the new Metra station coming at Peterson/Ridge!
  1. Listed by Karen Biazar • North Clybourn Group, Inc.
  2. Listed by Timmy Gens • North Clybourn Group, Inc.

Sold By Fulton Grace Realty

Property Details for 1542 West Rosemont Avenue

Area
CHI - Edgewater
Township
Rogers Park
Num Of Parking Spaces
6.0
Zoning
MULTI

Location

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LISTING UPDATED: 05/09/2023 12:00 PM

Property Details for 1542 West Rosemont Avenue

StatusClosed
MLS #11754190
Days on Market32
Taxes$19,507 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1915
Lot Size0.15 AC / 6,750 SF
CountyCook County

Location

Add your commute

Building Information for 1542 West Rosemont Avenue

Stories-Residences6Year Built1915Building Size-Lot Size0.15 AC / 6,750 SF

Payment Calculator

$8,447 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$1,626

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1542 West Rosemont Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 6-12 Spaces,Detached
Location and General Information
  • Frontage Type: City Street, Alley Access, Paved
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • # Of Washers: 2
  • Basement Description: Partially Finished, Exterior Access, Other, Storage Space
  • Heat/Ventilation: Radiators,Steam
  • # Of Refrigerators: 6
  • Washer/Dryer Lsd: No
  • Misc Inside: Storage Inside,Laundry Room
  • # Of Dryers: 2
  • # Of Dishwashers: 1
  • Num of Baths: 6.0
Exterior Features
  • Misc Outside: Enclosed Porch,Enclosed Stairs,Patio
Property/Lot Information
  • Tenant Pays: Electricity, Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 50 X 135
  • Stories: 3
  • Exterior Building Type: Brick
  • # Of Ranges: 6
  • MRD_UNC: No
Property and Assessments
  • Possible Use: Condominium
  • Public Document Count: 0
  • Photos Count: 1
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Lighting/Exterior,Security Entrance,Sidewalks,Cable Ready
  • Location: Corner,Public Transport Avail
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $14,395.00
  • Gross Income: $136,200.00
  • Gross Scheduled Income: $136,980.00
  • Insurance Expense: $5,060.00
  • Maintenance Expense: $.00
  • Electric Expense Source: Actual
  • Expense Year: 2022
  • Total Annual Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 0
  • Net Operating Income Year: 2022
  • Trash Expense Source: Actual
  • Total Monthly Income: 11350
  • Water Expense Source: Actual
  • Net Operating Income: $96,218.00
  • Operating Expense: $38,962.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 6
Unit 2
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 0
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
Unit 6
  • 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 1542 West Rosemont Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 1542 West Rosemont Avenue

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
Charter - 6 to 12
Rating
School
Distance
Hayt Elementary School
PublicPK to 8

Senn High School
Public9 to 12

Stone Elementary Scholastic Academy
PublicK to 8

Chicago Math & Sci Elementary Charter
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.

Neighborhood Map and Transit

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 North Clybourn Group, Inc.

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 05/09/2023 12:00 PM. 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.