3251 West Berteau Avenue
3251 West Berteau Avenue
$525,000
6
4
—
—
—
Closed 11/30/21
Description
SOLD BEFORE PRINT. Gut renovated, fully stabilized 3-flat on a quiet, tree lined street in Irving Park! Sitting on a massive 37x125 lot, this gorgeous frame building was completely overhauled in 2016 down to the studs. Ideal unit mix consists of one (1) large studio/1 bath apartment, one (1) 2 bed+den/1 bath simplex apartment & one (1) 3 bed+den/2 bath duplex-up apartment. All leases intentionally set to expire during the Summer 2022 leasing cycle. Each unit features 42" shaker style cabinets, granite...SOLD BEFORE PRINT. Gut renovated, fully stabilized 3-flat on a quiet, tree lined street in Irving Park! Sitting on a massive 37x125 lot, this gorgeous frame building was completely overhauled in 2016 down to the studs. Ideal unit mix consists of one (1) large studio/1 bath apartment, one (1) 2 bed+den/1 bath simplex apartment & one (1) 3 bed+den/2 bath duplex-up apartment. All leases intentionally set to expire during the Summer 2022 leasing cycle. Each unit features 42" shaker style cabinets, granite countertops, Frigidaire stainless steel appliances and dishwashers in the remodeled kitchens. All bathrooms have modern floating vanities, ceramic tile floors and shower/tub surrounds plus new fixtures. Updated electric, plumbing and HVACs. Dark oak hardwood flooring in the main living areas of the middle and top floor units, and carpet in the studio apartment. In-unit laundry in the top floor unit, and a common laundry room in the basement for the middle and lower level units. Gas forced air and central A/C. Detached 3 car garage and a well manicured backyard perfect for the tenants to enjoy in the summertime. Additional storage area accompanies the middle and top floor apartments. With $54,300 in gross rental income annually, the property is running at a 7.2% CAP rate with a 12.6% cash-on-cash return plus upside. Perfect for both the armchair and owner occupier investor.
Listing Agent
Property Details for 3251 West Berteau Avenue
Area
CHI - Irving Park
TownshipJefferson
OwnershipFee Simple
Num Of Garage Spaces3.0
Num Of Cars3.0
Parking Included in PriceYes
Heat/FuelNatural Gas, Forced Air
ZoningMULTI
Location
LISTING UPDATED: 12/23/2021 10:00 AM
Property Details for 3251 West Berteau Avenue
Status | Closed |
---|---|
MLS # | 11226337 |
Days on Market | 75 |
Taxes | $10,350 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 3 Flat |
Year Built | 1917 |
Lot Size | 0.10 AC / 4,356 SF |
County | Cook County |
Location
Building Information for 3251 West Berteau Avenue
Stories-Residences3Year Built1917Building Size-Lot Size0.10 AC / 4,356 SF
Payment Calculator
$3,728 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3251 West Berteau Avenue
Property History for 3251 West Berteau Avenue
Date | Event & Source | Price | Appreciation |
---|
Date | Event & Source | Price |
---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3251 West Berteau Avenue
Taxable ValueLand$23,435Additions$28,565Total$52,000
Tax Record2022$10,733 ($894 / month)
Home Facts
Baths3Total Finished SqFt2,747 SqFtAbove Grade Finished SqFt2,747 SqFtStories2Lot Size4,687 SqFtStyleMulti-Family Res (5+ Units)Year Built1919CountyCOOKAPN13-14-421-003
Schools near 3251 West Berteau 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 |
---|---|---|
Bateman Elementary School PublicPK to 8 | ||
Roosevelt High School Public9 to 12 | ||
North River Elementary School PublicPK to 8 | ||
CICS Irving Park 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
Sorry, we can't find any similar homes at this time. Please check back later.
Similar Sold Homes
Sorry, we can't find any similar sold homes at this time. Please check back later.