1658 South Millard Avenue
1658 South Millard Avenue
$365,000
9
6
—
—
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Closed 10/23/23
Description
Not fha applicable :: 1658 s. Millard is comprised of three (3) incredibly spacious 3bd/2ba units boasting roughly 1,300 square feet of living space. All of the units have been gut-renovated and equipped with updated kitchens and baths. Recent capital improvements to the building consist of, but not limited to: a new 400 amp electric service with in unit breaker boxes, in-unit and separate furnaces and hot water tanks, new windows, 100% copper plumbing, and a new roof (2018). Additionally, there...Not fha applicable :: 1658 s. Millard is comprised of three (3) incredibly spacious 3bd/2ba units boasting roughly 1,300 square feet of living space. All of the units have been gut-renovated and equipped with updated kitchens and baths. Recent capital improvements to the building consist of, but not limited to: a new 400 amp electric service with in unit breaker boxes, in-unit and separate furnaces and hot water tanks, new windows, 100% copper plumbing, and a new roof (2018). Additionally, there is in-unit laundry featuring both a washing and drying machine. Furthermore, there are three (3) parking spots in the rear, which provide tenants an additional amenity. 1658 S. Millard provides an investor with a unique opportunity to acquire a stabilized and strong cash flowing asset in Chicago's desirable pocket of Lawndale. From day one, a new owner will capitalize on an incredibly strong, subsidized tenant base, and will realize an in place cap rate of 7.66% and a cash-on-cash return of 13.45%.
- Listed by John Lambert • Kiser Group Realty Inc
- Listed by John Petrando • Kiser Group Realty Inc
Sold By Weichert,Realtors-FirstChicago
Property Details for 1658 South Millard Avenue
Area
Lawndale
TownshipWest Chicago
OwnershipFee Simple
Num Of Parking Spaces3.0
Num Of Cars3.0
Heat/FuelNatural Gas
Location
LISTING UPDATED: 10/24/2023 01:08 PM
Property Details for 1658 South Millard Avenue
Status | Closed |
---|---|
MLS # | 11806772 |
Days on Market | 133 |
Taxes | $5,245 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 3 Flat |
Year Built | 1916 |
Lot Size | 0.13 AC / 5,494 SF |
County | Cook County |
Building
Location
Building Information for 1658 South Millard Avenue
Stories1Residences3Year Built1916Building Size-Lot Size0.13 AC / 5,494 SF
Payment Calculator
$2,429 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1658 South Millard Avenue
Property History for 1658 South Millard Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Schools near 1658 South Millard 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 - | K to 8 | |||
Charter - | K to 8 |
Rating | School | Distance |
---|---|---|
Dvorak Technology Acad Elementary School PublicPK to 8 | ||
Farragut Career Academy High School Public9 to 12 | ||
KIPP Chicago Chrtrs - Ascend Acad CharterK to 8 | ||
Frazier Prep Academy Charter Elementary School CharterK to 8 |
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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