2258 West Grand Avenue
2258 West Grand Avenue
$999,000
4
4
3
6,110
6,110
$164
Closed 6/23/21
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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!
Property Details for 2258 West Grand Avenue
Area
CHI - West Town
TownshipWest Chicago
OwnershipFee Simple
Num Of Garage Spaces2.0
Num Of Cars2.0
Parking Included in PriceYes
Heat/FuelNatural Gas, Forced Air
Architectural StyleTri-Level
Location
LISTING UPDATED: 06/24/2021 01:14 PM
Property Details for 2258 West Grand Avenue
Status | Closed |
---|---|
MLS # | 11066846 |
Days on Market | 58 |
Taxes | $21,891 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 3 Flat |
Year Built | 2010 |
Lot Size | 0.06 AC / 2,400 SF |
County | Cook County |
Location
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Building Information for 2258 West Grand Avenue
Stories-Residences3Year Built2010Building Size-Lot Size0.06 AC / 2,400 SF
Payment Calculator
$7,276 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2258 West Grand Avenue
Property History for 2258 West Grand 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.
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 | ||
Suder Montessori Elementary Magnet School PublicPK to 8 | ||
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.
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