1651 West Irving Park Road

Chicago, IL 60613

$1,250,000
Price
12
Beds
6
Baths
5,183 Sq. Ft.
$241 / Sq. Ft.
5,183
Sq. Ft.
$241
per Sq. Ft.

Description

An exceptional investment opportunity awaits at 1651 West Irving Park Road. This impressive 4-unit property boasts solid tenants in a desirable and convenient location. The property comprises a well-maintained 2-unit main building and a separate 2-unit coach house, both of which have benefited from recent upgrades including a new roof, ejector pit, and drain tiles installed in 2021, as well as recent tuck pointing. Notably, the property also presents the potential for an additional garden unit, which...An exceptional investment opportunity awaits at 1651 West Irving Park Road. This impressive 4-unit property boasts solid tenants in a desirable and convenient location. The property comprises a well-maintained 2-unit main building and a separate 2-unit coach house, both of which have benefited from recent upgrades including a new roof, ejector pit, and drain tiles installed in 2021, as well as recent tuck pointing. Notably, the property also presents the potential for an additional garden unit, which qualifies for an ADU permit. Upon approval, this would elevate the property to 5 income-producing units, further enhancing its investment potential. Prospective buyers can seize this opportunity to apply for the ADU permit and unlock the property's full income-generating capacity. Conveniently situated in the vibrant Lakeview neighborhood, this property offers a prime location for savvy investors seeking a rewarding addition to their portfolio. Don't miss out on this outstanding opportunity to secure a promising investment in a sought-after area.

Listing Agent

  1. Iris Kohl

    Iris Kohl

    Listing Agent

    Compass

    iris.kohl@compass.com

    P: 773.679.8721

Property Details for 1651 West Irving Park Road

Area
CHI - Lake View
Township
North Chicago
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Parking Included in Price
No
Heat/Fuel
Natural Gas
Zoning
MULTI

Location

Add your commute
LISTING UPDATED: 04/23/2024 12:07 AM

Property Details for 1651 West Irving Park Road

StatusActive
MLS #12031560
Days on Market16
Taxes$18,905 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1891
Lot Size0.11 AC / 5,000 SF
CountyCook County

Location

Add your commute

Building Information for 1651 West Irving Park Road

Stories-Residences4Year Built1891Building Size-Lot Size0.11 AC / 5,000 SF

Payment Calculator

$8,397 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$1,575

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1651 West Irving Park Road

General Information
School Information
  • Elementary School District: 299
  • 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: 33
  • Bedrooms (Below Grade): 0
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Basement Type: Full
  • Bedrooms Possible: 12
  • Basement Description: Finished
  • # Full Baths in Building: 6
  • # Half Baths in Building: 0
  • Num of Baths: 6.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
  • Other Equipment: CO Detectors, Ceiling Fan(s)
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 50X100
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Foundation Details: Concrete Perimeter
  • General Information: Commuter Bus,Commuter Train
  • North Coordinate: 3900
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1600
  • 3 Br Un In Bldg: Yes
  • Conversion: N
Property and Assessments
  • Public Document Count: 2
  • Document Date: 2024-04-17T15:02:16
  • Photos Count: 70
  • Deconversion: N
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $7,650.00
Unit 1
  • Unit Type Actual Rent: $1,650.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 05/24
Unit 2
  • Unit Type Actual Rent: $2,050.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 8/24
Unit 3
  • Unit Type Actual Rent: $1,400.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 04/24
Unit 4
  • Unit Type Actual Rent: $2,550.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 04/24

Property History for 1651 West Irving Park Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1651 West Irving Park Road

Taxable ValueLand$39,062Additions$52,850Total$91,912
Tax Record2022$18,905 ($1,575 / month)
Home Facts
Baths2Total Finished SqFt2,224 SqFtAbove Grade Finished SqFt2,224 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1895CountyCOOKAPN14-19-207-003

Schools near 1651 West Irving Park Road

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 10 to 12
Public - K to 8
Rating
School
Distance
Blaine Elementary School
PublicPK to 8

Lake View High School
Public9 to 12

YCCS-Truman Middle College HS
Charter10 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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1651 West Irving Park Road is a multi-family home for sale in Chicago, IL 60613. This property was listed for sale on April 17, 2024 by Compass, it's currently listed at $1,250,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Blaine Elementary School, Lake View High School and YCCS-Truman Middle College HS. 1651 West Irving Park Road is a 12-bed, 6-bath, 5,183 sqft multi-family home built in 1891.

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.

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 04/23/2024 12:07 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.