2258 West Grand Avenue

Chicago, IL 60612

$999,000
Last Sold Price
4
Beds
4
Baths
3
1/2 Baths
6,110 Sq. Ft.
$164 / Sq. Ft.
6,110
Sq. Ft.
$164
per Sq. Ft.

Description

Incredible investment opportunity priced to sell!! This one-of-a-kind 3 unit mixed use West Town corner building offers a variety of possibilities for the next owner. Developed just 10 years ago by the current owner, it is a beautiful and unique addition to Ukrainian Village. The property was built with multiple income-generating possibilities while creating home in one of the two massive 2 bed, 2.5 bath luxury residential units. No standard design here! The unique features like two duplex up residences,...Incredible investment opportunity priced to sell!! This one-of-a-kind 3 unit mixed use West Town corner building offers a variety of possibilities for the next owner. Developed just 10 years ago by the current owner, it is a beautiful and unique addition to Ukrainian Village. The property was built with multiple income-generating possibilities while creating home in one of the two massive 2 bed, 2.5 bath luxury residential units. No standard design here! The unique features like two duplex up residences, french doors, juliette balconies, arched exposures and private roof decks reflect architectural vision and have attracted a history of strong tenants. The Commercial unit, envisioned as a space for community wellbeing was originally a yoga studio and is now leased as a physical therapy office through 2022 for $2,350/ month. Each of the 2 unit residential units gives each unit a single family home feel, with no shared walls, two common entrances, and their own address of 507 North Oakley. Important GREEN finishes include, energy efficient appliances, recycled glass counters, bamboo floors and passive solar with amazing natural light and West view sunsets. Each unit honors privacy, useful for today's virtual and work at home needs. There's an open floor plan with kitchen, dining, large living room and half bath downstairs. Upstairs, are two bedrooms with Washer/Dryer, and full bath, primary suite, plus private rooftop deck access! The owner's unit has extra touches like a large private patio on the main level, and separate walk-in shower + soaking tub. The commercial space has its own address, own entrance, a kitchenette, and powder room taking the whole first level of the building. Underground basement storage spaces are designated for each residential unit. Separate PINs and filed condo declarations give the new owner possibilities to resell 1 or all units separately as condos. Great location at Grand and Oakley with all of West Town at your fingertips. Rental income: Unit 1 (storefront) $2,350/ mo through 10/22. Unit 2 $2500 through 5/31/21. Unit 3 is owner occupied and could be leased for around $2800/mo. There's lots of options and opportunities here including, an owner occupant business, developers, extended families looking for privacy and proximity to one another, or investors. BUILDING IS BEING SOLD AS IS. AS IS RIDER MUST BE INCLUDED WITH CONTRACT. Seller is highly motivated!

Listing Agent

  1. Kat Barry

    Kat Barry

    Listing Agent

    Compass

    kat.barry@compass.com

    P: 412.735.2852

Sold By @properties

Property Details for 2258 West Grand Avenue

Area
CHI - West Town
Township
West Chicago
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Cars
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air
Architectural Style
Tri-Level

Location

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LISTING UPDATED: 06/24/2021 01:14 PM

Property Details for 2258 West Grand Avenue

StatusClosed
MLS #11066846
Days on Market58
Taxes$21,891 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built2010
Lot Size0.06 AC / 2,400 SF
CountyCook County

Location

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Virtual Tour

Building Information for 2258 West Grand Avenue

Stories-Residences3Year Built2010Building Size-Lot Size0.06 AC / 2,400 SF

Payment Calculator

$7,276 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,452

Property Taxes

$1,824

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2258 West Grand Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Mitchell Elementary School
  • Jr High Middle School: Mitchell Elementary School
  • High School District: 299
  • High School: Wells Community Academy Senior H
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Num Of Rooms: 9
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Paved
  • Bath Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Type: Full
  • Bedrooms Possible: 4
  • Basement Description: Unfinished, Concrete (Basement)
  • # Full Baths in Building: 4
  • # Half Baths in Building: 3
  • Num of Baths: 4.3
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
  • Other Equipment: Humidifier, TV-Cable, Intercom, CO Detectors
Property/Lot Information
  • Exterior Property Features: Balcony, Patio, Roof Deck
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: No
  • Age: 11-15 Years
  • Lot Description: Corner Lot
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 24X100
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick, Stone
  • Roof Type: Rubber
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 25
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 58
  • 3 Br Un In Bldg: No
  • Conversion: N
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 7
  • Document Date: 2021-04-27T15:04:04
  • Photos Count: 39
  • Deconversion: N
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Additional Media Type 1: Video
Multi Family
Income & Expenses
  • Electric Expense: $765.00
  • Fuel Expense: $458.00
  • Insurance Expense: $1,450.00
  • Maintenance Expense: $.00
  • Manager Expense: $.00
  • Electric Expense Source: Broker Projection
  • Fuel Expense Source: Broker Projection
  • Insurance Expense Source: Broker Projection
  • Manager Expense Source: AC
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Actual
  • Trash Expense Source: Actual
  • Trash Expense Year: 2020
  • Water Expense Source: Owner Projection
  • Professional Management Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $760.00
  • Other Expenses $: 0
Unit 1
  • Unit Type Actual Rent: $2,250.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Total Sq Ft - Unit 1: 2440
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 1
  • # Half Baths-Unit 1: 1
  • # Full Baths-Unit 1: 0
  • Appliances/Features Unit 1: Refrigerator, Central Air Conditioner, Hardwood Floors
  • Lease Exp Date (Mo/Yr) - Unit 1: 10-22-2024
  • Sec Deposit $ - Unit 1: 4000
  • Tenant Pays - Unit 1: Electric, Gas, Heat
Unit 2
  • Unit Type Actual Rent: $2,500.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Total Sq Ft - Unit 2: 1781
  • Floor # - Unit 2: 2
  • # Of Rooms - Unit 2: 4
  • # Half Baths-Unit 2: 1
  • # Full Baths-Unit 2: 2
  • Appliances/Features Unit 2: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Hardwood Floors, Walk-In Closet
  • Lease Exp Date (Mo/Yr) - Unit 2: 05-21-2024
  • Sec Deposit $ - Unit 2: 3750
  • Tenant Pays - Unit 2: Electric, Gas, Heat
Unit 3
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Total Sq Ft - Unit 3: 1889
  • Floor # - Unit 3: 3
  • # Of Rooms - Unit 3: 4
  • # Half Baths-Unit 3: 1
  • # Full Baths-Unit 3: 2
  • Appliances/Features Unit 3: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Garage/Space, Laundry Hook-Up, Hardwood Floors, Walk-In Closet
  • Sec Deposit $ - Unit 3: 0
  • Tenant Pays - Unit 3: Electric, Gas, Heat, Scavenger, Sewer, Water

Property History for 2258 West Grand 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 2258 West Grand Avenue

Taxable ValueLand$3,003Additions$36,534Total$39,537
Tax Record2022$8,132 ($678 / month)
Home Facts
Beds0StyleCondominiumCountyCOOKAPN17-07-122-048-1002

Schools near 2258 West Grand 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 - PK to 8
Charter - K to 8
Rating
School
Distance
Mitchell Elementary School
PublicPK to 8

Wells Community Academy High School
Public9 to 12

Acero Chtr - Esmera Santiago Cmps
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.

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.

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 06/24/2021 01:14 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.