538 North Leavitt Street
538 North Leavitt Street
$830,000
5
3
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—
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Closed 3/25/22
Description
This is the needle in the haystack opportunity you have been waiting for! This incredible West Town two flat with owner's unit checks every box and more with extensive interior and exterior upgrades and brand new designer finishes throughout! Current owners live on the upper level 2-bed, 1-bath plus den and AirBnB the main level 2-bed, 1-bath plus den from July-Jan grossing $24K! The list of exterior upgrades and updates never ends, with highlights including: new custom designer European tilt windows...This is the needle in the haystack opportunity you have been waiting for! This incredible West Town two flat with owner's unit checks every box and more with extensive interior and exterior upgrades and brand new designer finishes throughout! Current owners live on the upper level 2-bed, 1-bath plus den and AirBnB the main level 2-bed, 1-bath plus den from July-Jan grossing $24K! The list of exterior upgrades and updates never ends, with highlights including: new custom designer European tilt windows in 2020, new roof layer in 2020 with 10-year warranty, full exterior tuck pointing in 2021, brand new siding including garage, rebuilt decks in 2021, and so much more (ask for a full list!). Plus, both units include a sizable back deck for grilling and hanging out! Inside you will be wow'ed by the recently updated owner's unit featuring a brand new kitchen, bathroom with floating vanity and new office addition. The exposed brick walls, hardwood floors, shiplap accents and designer lighting are all icing on the cake! Also enjoy the added bonus of 2 new hot water heaters and new HVAC. Downstairs, renters will love all of the thoughtful new finishes including the new kitchen with white shaker-style cabinets, white subway tile backsplash and new Whirlpool appliances; new office addition; and new bathroom with designer tile. The remodeled 1-bed, 1-bath basement is another added bonus with the potential to collect additional rent - everyone will love the 2 large living spaces! All of that in an amazing West Town location close to Mariano's, Chicago Ave. shops and restaurants, Smith Park and Mitchell Elementary School. 2-car detached garage included. Current cap rate of 6.6% and potential to be even stronger!
Listing Agents
Sold By Welcome Realty
Property Details for 538 North Leavitt Street
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
Location
LISTING UPDATED: 03/27/2022 03:04 AM
Property Details for 538 North Leavitt Street
Status | Closed |
---|---|
MLS # | 11311788 |
Days on Market | 51 |
Taxes | $10,496 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 2 Story Unit/S |
Year Built | 1886 |
Lot Size | 0.06 AC / 2,665 SF |
County | Cook County |
Location
Building Information for 538 North Leavitt Street
Stories-Residences2Year Built1886Building Size-Lot Size0.06 AC / 2,665 SF
Payment Calculator
$5,404 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 538 North Leavitt Street
Property History for 538 North Leavitt Street
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 538 North Leavitt Street
Taxable ValueLand$16,050Additions$42,950Total$59,000
Tax Record2022$12,135 ($1,011 / month)
Home Facts
Baths2Total Finished SqFt1,932 SqFtAbove Grade Finished SqFt1,932 SqFtStories2Lot Size2,675 SqFtStyleMulti-Family Res (5+ Units)Year Built1889CountyCOOKAPN17-07-119-003
Schools near 538 North Leavitt 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 - | 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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