2423 West Gunnison Street

Chicago, IL 60625

$780,000
Last Sold Price
10
Beds
5
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Well-maintained multi-unit residential building with an attractive brick exterior. 5 2-bedroom townhouse-style units in the heart of Lincoln Square with five parking spaces! Over-sized lot (29.7X157.7). Excellent investment opportunity features 2 beds/1 bath in each unit with 1000 square feet of living space for each unit. Open style layout with Kitchen/living room. Appliances included are 5 Refrigerators, 5 stoves/ovens, 5 range hoods, 5 hot water heaters, 5 washer-dryers, 10 window A/C units. Each...Well-maintained multi-unit residential building with an attractive brick exterior. 5 2-bedroom townhouse-style units in the heart of Lincoln Square with five parking spaces! Over-sized lot (29.7X157.7). Excellent investment opportunity features 2 beds/1 bath in each unit with 1000 square feet of living space for each unit. Open style layout with Kitchen/living room. Appliances included are 5 Refrigerators, 5 stoves/ovens, 5 range hoods, 5 hot water heaters, 5 washer-dryers, 10 window A/C units. Each unit has wood laminate floors . W/Ds in Unit 2 (2020) Unit 4 (2021) are new. Separated electricity meter for ease of payment by the tenants. Property includes 5 parking spots which allows for additional income. Fabulous security system. Current rents are at the minimum indicated and could be increased. Leases Month-to-Month. Just Steps to great restaurants, shopping, stores, Mariano's, Winnemac Park, public transportation, etc. Fantastic opportunity to live in this multi-unit building with extra income or perfect for investment.
  1. Listed by Hilary Pender • Prospect Equities Real Estate

Sold By Dream Town Realty

Property Details for 2423 West Gunnison Street

Area
CHI - Lincoln Square
Township
Jefferson
Num Of Parking Spaces
5.0
Num of Interior Fireplaces
0

Location

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LISTING UPDATED: 07/13/2023 10:10 PM

Property Details for 2423 West Gunnison Street

StatusClosed
MLS #11759698
Days on Market90
Taxes$9,700 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1991
Lot Size0.11 AC / 4,710 SF
CountyCook County

Location

Add your commute

Building Information for 2423 West Gunnison Street

Stories-Residences5Year Built1991Building Size-Lot Size0.11 AC / 4,710 SF

Payment Calculator

$5,065 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,257

Property Taxes

$808

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2423 West Gunnison Street

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Frontage Type: City Street, Public Road
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • # Of Washers: 5
  • Heat/Ventilation: Electric,Separate Per Unit
  • # Of Window/Ac: 10
  • # Of Refrigerators: 5
  • # Of Dryers: 5
  • # Of Disposals: 0
  • # Of Dishwashers: 0
  • Num of Baths: 5.0
Exterior Features
  • Building Unit Info: No Units Furnished,Security System,Smoke/Alarm Detector
  • Misc Outside: Security Gate,Security Lighting,Security System,Storms and Screens (as exist)
Utilities / Equipment
  • Utilities: Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Air Conditioning, Electricity, Heat, Hot Water
  • Built Before 1978: No
  • Approximate Age: 36-50 Years
  • Multi-Family Type: Flats
  • Lot Dimensions: 29X157
  • Lot Size Square Feet: 4710.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick
  • Roof Type: Composition
  • Roof Structure: Pitched
  • # Of Ranges: 5
  • Conversion: N
Property and Assessments
  • Possible Use: Condominium, Multi-Family, Single Family
  • Buyer Financing: Conventional, FHA, VA
  • Public Document Count: 1
  • Document Date: 2023-03-08T21:52:12
  • Photos Count: 23
  • Deconversion: N
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Curbs and Gutters
  • Location: In City Limits
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 5
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $79,800.00
  • Gross Scheduled Income: $79,800.00
  • Insurance Expense: $2,860.00
  • Maintenance Expense: $.00
  • Known Encumbrances: First Mortgage
  • Total Annual Expense Source: Actual
  • Janitor Expense: 0
  • Net Operating Income Year: 2021
  • Total Monthly Income: 6650
  • Water Expense Source: Actual
  • Net Operating Income: $61,463.00
  • Operating Expense: $15,960.00
  • Other Expense: $1,000.00
  • Trash Expense: $.00
  • Water Sewer Expense: $2,400.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 1
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 1
Unit 3
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 1
Unit 5
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 1
Unit 6
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 6
  • Unit Type Units Total: 0
Unit 7
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 7
  • Unit Type Units Total: 0

Property History for 2423 West Gunnison 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 2423 West Gunnison Street

Taxable ValueLand$11,304Additions$79,696Total$91,000
Tax Record2022$18,014 ($1,501 / month)
Home Facts
Baths5Total Finished SqFt4,061 SqFtAbove Grade Finished SqFt4,061 SqFtStories2Lot Size4,710 SqFtStyleMulti-Family Res (5+ Units)Year Built1989CountyCOOKAPN13-12-425-025

Schools near 2423 West Gunnison Street

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

Amundsen High School
Public9 to 12

North River Elementary 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.

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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 Prospect Equities 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. Based on information submitted to the MLS GRID as of 07/13/2023 10:10 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.