2645 West Greenleaf Avenue

Chicago, IL 60645

$1,425,000
Last Sold Price
14
Beds
8
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Introducing 2643-45 W. Greenleaf Ave., a meticulously maintained seven-unit apartment building located in the Indian Boundary Park area of Chicago's West Ridge community. Under the same ownership for over 43 years, this center entrance building, originally constructed in 1925 as luxury residences, has been thoughtfully modernized while preserving its vintage charm. The unit mix includes five spacious 2 bed / 1 bath layouts, an exquisite 3 bed / 2 bath duplex, and a 1 bed / 1 bath garden apartment....Introducing 2643-45 W. Greenleaf Ave., a meticulously maintained seven-unit apartment building located in the Indian Boundary Park area of Chicago's West Ridge community. Under the same ownership for over 43 years, this center entrance building, originally constructed in 1925 as luxury residences, has been thoughtfully modernized while preserving its vintage charm. The unit mix includes five spacious 2 bed / 1 bath layouts, an exquisite 3 bed / 2 bath duplex, and a 1 bed / 1 bath garden apartment. Each above grade unit offers refinished hardwood floors, formal dining rooms, corean countertops, dishwashers, in-unit laundry, and private wood balconies. The property features six dedicated parking spaces, enhancing convenience for residents and generating additional income. The duplex unit, previously occupied by the owner, offers luxurious amenities such as a hot tub, steam room, fireplace, and private gated terrace. Recent improvements include individual boilers for customized heating, separately metered electric with a 400AMP main service, and new Rheem hot water tanks installed in May 2023. Notable upgrades also include a tear-off roof completed eight years ago, copper plumbing throughout, and recently replaced Pella windows. With the potential to increase rents and the option for owner-occupancy, this property presents an exceptional investment opportunity. Experience a remarkable blend of desirable features, recent enhancements, and the promise of substantial rental income or owner-occupied attractiveness at 2643-45 W. Greenleaf Ave.
  1. Listed by Ryan Blake • Essex 312, LLC

Property Details for 2645 West Greenleaf Avenue

Area
CHI - West Ridge
Township
North Chicago
Num Of Parking Spaces
6.0
Zoning
MULTI

Location

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LISTING UPDATED: 09/11/2023 11:23 AM

Property Details for 2645 West Greenleaf Avenue

StatusClosed
MLS #11790988
Days on Market104
Taxes$18,902 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1925
Lot Size0.17 AC / 7,428 SF
CountyCook County

Location

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Building Information for 2645 West Greenleaf Avenue

Stories-Residences7Year Built1925Building Size-Lot Size0.17 AC / 7,428 SF

Payment Calculator

$9,352 per month

30 year fixed, 7.25% Interest

Principal and Interest

$7,777

Property Taxes

$1,575

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2645 West Greenleaf Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 6-12 Spaces
Location and General Information
  • Information: List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Electric: Separate Meters, Service - 201 to 600 Amps
  • Heat/Ventilation: Hot Water,Baseboard
  • Num of Baths: 8.0
Exterior Features
  • Misc Outside: Balcony/ies
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 7428
  • Stories: 3
  • Roof Structure: Flat
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 20
Miscellaneous
  • Current Use: Multi-Family
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Income & Expenses
  • Electric Expense: $650.00
  • Fuel Expense: $.00
  • Gross Income: $137,520.00
  • Gross Scheduled Income: $141,120.00
  • Insurance Expense: $3,600.00
  • Maintenance Expense: $1,750.00
  • Electric Expense Source: Actual
  • Fuel Expense Source: Actual
  • Insurance Expense Source: Actual
  • Janitor Expense: 4900
  • Other Expense Source: Broker Projection
  • Repairs-Decor Expense Source: Broker Projection
  • Trash Expense Source: Actual
  • Total Monthly Income: 11760
  • Water Expense Source: Actual
  • Net Operating Income: $98,011.00
  • Operating Expense: $36,052.00
  • Other Expense: $3,150.00
  • Trash Expense: $1,000.00
  • Water Sewer Expense: $2,100.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • 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: 5
Unit 3
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 1
Unit 4
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 4
  • Unit Type Units Total: 0
Unit 5
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 5
  • Unit Type Units Total: 0
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 2645 West Greenleaf 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 2645 West Greenleaf Avenue

Taxable ValueLand$14,880Additions$79,120Total$94,000
Tax Record2022$19,334 ($1,611 / month)
Home Facts
Baths6Total Finished SqFt9,327 SqFtAbove Grade Finished SqFt9,327 SqFtStories3Lot Size7,440 SqFtStyleMulti-Family Res (5+ Units)Year Built1927CountyCOOKAPN10-36-211-003

Schools near 2645 West Greenleaf 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 - K to 7
Charter - K to 12
Rating
School
Distance
Boone Elementary School
PublicPK to 8

Mather High School
Public9 to 12

Decatur Classical Elementary School
PublicK to 7

Acero Chtr Sor Juana Ines de la
CharterK 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.

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 Essex 312, LLC

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.