1431 North Cleaver Street

Chicago, IL 60642

$1,060,000
Last Sold Price
11
Beds
7
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Incredible opportunity to own a multi-unit building with condo quality units in Noble Square. All units have continuously been occupied, never a vacant month! Long term owner has maintained under market rent rolls. New owner can purchase, adjust the rent to market value and keep as-is or take on as a value add opportunity. Leases are staggered throughout the summer months (top floor just vacated!). Interior is in great condition - updated with hardwood floors, equal sized bedrooms, central a/c and...Incredible opportunity to own a multi-unit building with condo quality units in Noble Square. All units have continuously been occupied, never a vacant month! Long term owner has maintained under market rent rolls. New owner can purchase, adjust the rent to market value and keep as-is or take on as a value add opportunity. Leases are staggered throughout the summer months (top floor just vacated!). Interior is in great condition - updated with hardwood floors, equal sized bedrooms, central a/c and heat, newer appliances/mechanicals & great natural light. Coin laundry on the basement level. Parking pad in the rear with 2 tandem spots not currently leased! Located on a quiet, residential street & exactly what tenants are looking for-close to downtown, Wicker Park & all West Town neighborhoods, Expressway, Super Target, Pulaski Park, restaurants/bars & Division blue "L" line. Central location within the city & close proximity to Lincoln Yards & Goose Island, a hub for new development

Listing Agents

  1. Kelly Parker

    Kelly Parker

    Listing Agent

    Compass

  2. Emily Ackerman

    Emily Ackerman

    Alternative Listing Agent

    Compass

Sold By Second City Real Estate

Property Details for 1431 North Cleaver Street

Area
CHI - West Town
Township
NORTH CHICAGO
Ownership
Fee Simple
Num Of Parking Spaces
2.0
Num Of Cars
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas
Zoning
OTHER

Location

Add your commute
LISTING UPDATED: 05/05/2021 07:29 AM

Property Details for 1431 North Cleaver Street

StatusClosed
MLS #10340113
Days on Market70
Taxes$11,468 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / Two to Four Units-Other
Year Built1996
Lot Size0.07 AC / 3,125 SF
CountyCook County

Location

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Building Information for 1431 North Cleaver Street

Stories-Residences4Year Built1996Building Size-Lot Size0.07 AC / 3,125 SF

Payment Calculator

$6,741 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,785

Property Taxes

$956

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1431 North Cleaver Street

General Information
School Information
  • Elementary School District: 299
  • Elementary School: LOZANO ELEMENTARY SCHOOL BILINGU
  • High School District: 299
  • High School: WELLS COMMUNITY ACADEMY SENIOR H
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking Details: Unassigned
  • Parking On Site: true
  • Parking Ownership: N/A
Property Information
Interior Features
  • Num Of Rooms: 20
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 11
  • Basement Description: Finished
  • # Full Baths in Building: 7
  • # Half Baths in Building: 0
  • Num of Baths: 7.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
  • Other Equipment: Intercom, CO Detectors
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 21-25 Years
  • Lot Size: Standard Chicago Lot
  • Lot Dimensions: 25X125
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick, Block
  • Roof Type: Asphalt
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 1431
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1500
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Photos Count: 26
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Unit 1
  • Unit Type Actual Rent: $1,300.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Floor # - Unit 1: G
  • # Of Rooms - Unit 1: 4
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: Stove, Refrigerator, Dishwasher, Central Air Conditioner
  • Lease Exp Date (Mo/Yr) - Unit 1: 08-19-2024
  • Sec Deposit $ - Unit 1: 1300
  • Tenant Pays - Unit 1: Electric, Gas, Heat
Unit 2
  • Unit Type Actual Rent: $1,950.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Floor # - Unit 2: 1
  • # Of Rooms - Unit 2: 5
  • # Half Baths-Unit 2: 0
  • # Full Baths-Unit 2: 2
  • Appliances/Features Unit 2: Stove, Refrigerator, Dishwasher, Central Air Conditioner
  • Lease Exp Date (Mo/Yr) - Unit 2: 06-19-2024
  • Sec Deposit $ - Unit 2: 1950
  • Tenant Pays - Unit 2: Electric, Gas, Heat
Unit 3
  • Unit Type Actual Rent: $2,200.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Floor # - Unit 3: 2
  • # Of Rooms - Unit 3: 5
  • # Half Baths-Unit 3: 0
  • # Full Baths-Unit 3: 2
  • Appliances/Features Unit 3: Stove, Refrigerator, Dishwasher, Central Air Conditioner
  • Lease Exp Date (Mo/Yr) - Unit 3: 03-19-2024
  • Sec Deposit $ - Unit 3: 2200
  • Tenant Pays - Unit 3: Electric, Gas, Heat
Unit 4
  • Unit Type Actual Rent: $2,125.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Floor # - Unit 4: 3
  • # Of Rooms - Unit 4: 5
  • # Half Baths-Unit 4: 0
  • # Full Baths-Unit 4: 2
  • Appliances/Features Unit 4: Stove, Refrigerator, Dishwasher, Central Air Conditioner
  • Lease Exp Date (Mo/Yr) - Unit 4: 02-19-2024
  • Sec Deposit $ - Unit 4: 2125
  • Tenant Pays - Unit 4: Electric, Gas, Heat

Property History for 1431 North Cleaver Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 1431 North Cleaver Street

Taxable ValueLand$18,750Additions$74,252Total$93,002
Tax Record2022$19,129 ($1,594 / month)
Home Facts
Baths3Total Finished SqFt3,674 SqFtAbove Grade Finished SqFt3,674 SqFtStories3Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1994CountyCOOKAPN17-05-110-012

Schools near 1431 North Cleaver Street

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 - 6 to 12
Rating
School
Distance
Lozano Elementary Bilingual & Intl Center
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Rowe Elementary School
CharterK to 8

Noble Street College Prep
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.

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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.

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 07:29 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.