504 West Wisconsin Street

Chicago, IL 60614

$1,865,000
Last Sold Price
8
Beds
8
Baths
3,400 Sq. Ft.
$549 / Sq. Ft.
3,400
Sq. Ft.
$549
per Sq. Ft.

Description

This completely renovated 4 unit building on a premiere Old Town block sports 8 total beds and 8 total baths. Three of the four units have rear balconies, while the top floor front unit overlooks the park across the street. The 3rd floor units duplex up to the bedroom level. All units enjoy in unit laundry, central heat and air, quartz countertops, and individual hot water heaters. The tasteful finishes have helped attract fantastic tenants, contributing to a $12,550 gross rent role. The building...This completely renovated 4 unit building on a premiere Old Town block sports 8 total beds and 8 total baths. Three of the four units have rear balconies, while the top floor front unit overlooks the park across the street. The 3rd floor units duplex up to the bedroom level. All units enjoy in unit laundry, central heat and air, quartz countertops, and individual hot water heaters. The tasteful finishes have helped attract fantastic tenants, contributing to a $12,550 gross rent role. The building is very low maintenance, as nearly everything is brand new, and the small hoa helps maintain the exterior annually. You will be hard pressed to find a better, truly turn-key investment in the area.

Listing Agent

  1. Ben Lalez

    Ben Lalez

    Listing Agent

    Compass

    ben.lalez@compass.com

    P: 312.789.4054

Sold By Jameson Sotheby's Intl Realty

Property Details for 504 West Wisconsin Street

Area
CHI - Lincoln Park
Township
North Chicago
Ownership
Fee Simple
Num Of Cars
0.0
Heat/Fuel
Natural Gas

Location

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LISTING UPDATED: 09/18/2022 10:51 AM

Property Details for 504 West Wisconsin Street

StatusClosed
MLS #11401413
Days on Market115
Taxes$16,942 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1893
Lot Size0.04 AC / 1,850 SF
CountyCook County

Location

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Virtual Tour

Building Information for 504 West Wisconsin Street

Stories-Residences4Year Built1893Building Size-Lot Size0.04 AC / 1,850 SF

Payment Calculator

$11,590 per month

30 year fixed, 7.25% Interest

Principal and Interest

$10,178

Property Taxes

$1,412

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 504 West Wisconsin Street

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: None
Property Information
Interior Features
  • Num Of Rooms: 20
  • Bedrooms (Below Grade): 0
  • Bath Amenities: Soaking Tub
  • Basement Type: None
  • Bedrooms Possible: 8
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • # Full Baths in Building: 8
  • # Half Baths in Building: 0
  • Num of Baths: 8.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Other Equipment: CO Detectors
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2021
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25X74
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • Roof Type: Rubber
  • General Information: None
  • North Coordinate: 1900
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 504
  • Lot Size Source: Listing Agent
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 21
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Gross Income: $150,600.00
  • Net Operating Income: $126,000.00
Unit 1
  • Unit Type Actual Rent: $3,150.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 9/22
Unit 2
  • Unit Type Actual Rent: $3,250.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: 9/22
Unit 3
  • Unit Type Actual Rent: $3,150.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 8/22
Unit 4
  • Unit Type Actual Rent: $2,900.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 4
  • Lease Expiration Date: 7/23

Property History for 504 West Wisconsin Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 504 West Wisconsin Street

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

Lincoln Park High School
Public9 to 12

Lasalle Elementary Language Academy
PublicK 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.

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.