1916 West Wabansia Avenue

Chicago, IL 60622

$945,000
Last Sold Price
5
Beds
4
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Location, location, location! This building is a money maker! It's the perfect value add investor building or an opportunity to just sit back and print money. This legal 4-unit masonry building is in arguably the best location of Bucktown. All the units have ample living space, updated kitchens, gas forced air, newer appliances and great natural light. Large shared rear deck offering tenants terrific outdoor area to relax or entertain. All units are currently leased generating solid income. This...Location, location, location! This building is a money maker! It's the perfect value add investor building or an opportunity to just sit back and print money. This legal 4-unit masonry building is in arguably the best location of Bucktown. All the units have ample living space, updated kitchens, gas forced air, newer appliances and great natural light. Large shared rear deck offering tenants terrific outdoor area to relax or entertain. All units are currently leased generating solid income. This building is an incredible opportunity to keep as-is in this high demand rent district or opportunity awaits with small project as adding to wall to convert back to 2 bedrooms, popping in washer dryers or adding central air to increase the returns. Additional separate storage units at the rear of the building. This is an investors' dream as the area is near bustling Milwaukee Ave and Damen Ave. steps to the blue line El stop, multiple parks and restaurants galore. Tremendous opportunity as it's easy to enhance the rents. The owner would like to convey as is.
  1. Listed by Connie Grunwaldt • @properties Christie's International Real Estate

Property Details for 1916 West Wabansia Avenue

Area
CHI - West Town
Township
Lake View
Ownership
Fee Simple
Num Of Cars
0.0
Parking Included in Price
No
Heat/Fuel
Natural Gas

Location

Listing Courtesy of @properties Christie's International Real Estate

Sold By @properties Christie's International Real Estate

Add your commute
LISTING UPDATED: 08/22/2023 08:22 AM

Property Details for 1916 West Wabansia Avenue

StatusClosed
MLS #11797274
Days on Market79
Taxes$15,677 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built-
Lot Size0.04 AC / 1,944 SF
CountyCook County

Location

Listing Courtesy of @properties Christie's International Real Estate

Sold By @properties Christie's International Real Estate

Add your commute

Building Information for 1916 West Wabansia Avenue

Stories-Residences4Year Built-Building Size-Lot Size0.04 AC / 1,944 SF

Payment Calculator

$6,464 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,157

Property Taxes

$1,306

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1916 West Wabansia Avenue

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: 22
  • Bedrooms (Below Grade): 0
  • Basement Type: None
  • Bedrooms Possible: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • # Full Baths in Building: 4
  • # Half Baths in Building: 0
  • Room Type: Workshop
  • Num of Baths: 4.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Other Equipment: Water Heater-Gas
Property/Lot Information
  • Exterior Property Features: Deck, Porch, Storms/Screens
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2006
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 24 BY 81
  • Total # Units in Building: 4.0
  • Other Structures: Other
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt
  • General Information: Commuter Bus,Commuter Train,Interstate Access
  • North Coordinate: 1700
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1916
  • Lot Size Source: County Records
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2023-06-01T20:09:27
  • Photos Count: 25
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $1,465.00
  • Insurance Expense: $3,000.00
  • Maintenance Expense: $.00
  • Manager Expense: $.00
  • Electric Expense Source: Actual
  • Insurance Expense Source: Owner Projection
  • Repairs-Decor Expense Source: Owner Projection
  • Trash Expense Source: Owner Projection
  • Trash Expense Year: 810
  • Water Expense Source: Owner Projection
  • Water Sewer Expense: $810.00
Unit 1
  • Unit Type Actual Rent: $1,700.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 4/24
Unit 2
  • Unit Type Actual Rent: $1,750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 4/24
Unit 3
  • Unit Type Actual Rent: $1,750.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 4/24
Unit 4
  • Unit Type Actual Rent: $1,725.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 4/24

Property History for 1916 West Wabansia 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 1916 West Wabansia Avenue

Taxable ValueLand$13,552Additions$67,738Total$81,290
Tax Record2022$16,016 ($1,335 / month)
Home Facts
Baths3Total Finished SqFt2,646 SqFtAbove Grade Finished SqFt2,646 SqFtStories3Lot Size1,936 SqFtStyleMulti-Family Res (5+ Units)Year Built1896CountyCOOKAPN14-31-417-019

Schools near 1916 West Wabansia Avenue

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

Wells Community Academy High School
Public9 to 12

Drummond Elementary School
PublicPK to 8

Sabin Elementary Magnet School
PublicPK 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.

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 @properties Christie's International Real Estate

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.