855 North Lockwood Avenue

Chicago, IL 60651

$899,000
Price
12
Beds
10
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Good Building with good income, always been easy to rent, located in very quiet block, also could be sold as a package that includes over 40 unitsGood Building with good income, always been easy to rent, located in very quiet block, also could be sold as a package that includes over 40 units
  1. Listed by Juan Loza • American International Realty

Property Details for 855 North Lockwood Avenue

Area
CHI - Austin
Township
West Chicago
Num Of Parking Spaces
0.0
Zoning
MULTI

Location

Listing Courtesy of American International Realty
Add your commute
LISTING UPDATED: 10/30/2023 10:02 AM

Property Details for 855 North Lockwood Avenue

StatusActive
MLS #11802448
Days on Market496
Taxes$12,608 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family 5+ / Flats
Year Built1927
Lot Size0.14 AC / 6,257 SF
CountyCook County

Location

Listing Courtesy of American International Realty
Add your commute

Building Information for 855 North Lockwood Avenue

Stories-Residences10Year Built1927Building Size-Lot Size0.14 AC / 6,257 SF

Payment Calculator

$5,957 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,906

Property Taxes

$1,051

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 855 North Lockwood Avenue

General Information
Location and General Information
  • Frontage Type: City Street
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Circuit Breakers
  • Basement Description: Unfinished, Exterior Access
  • Heat/Ventilation: Forced Air,Gas,Separate Per Unit
  • Num of Baths: 10.0
Exterior Features
  • Misc Outside: Courtyard
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Multi-Family Type: Flats
  • Lot Dimensions: 50 X 125
  • Lot Size Square Feet: 6257.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Fire Extinguisher/s
  • Roof Structure: Flat
  • Foundation Details: Block
  • MRD_UNC: Yes
Property and Assessments
  • Possible Use: Multi-Family
  • Buyer Financing: Conventional, Cash
  • Public Document Count: 1
  • Document Date: 2023-06-09T23:55:18
  • Photos Count: 1
Miscellaneous
  • Current Use: Multi-Family
  • Land Amenities: Other
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Income & Expenses
  • Electric Expense: $600.00
  • Fuel Expense: $.00
  • Gross Income: $107,580.00
  • Gross Scheduled Income: $107,500.00
  • Insurance Expense: $7,627.00
  • Maintenance Expense: $1,500.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2021
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Combination
  • Insurance Expense Source: Owner Projection
  • Janitor Expense: 0
  • Other Expense Source: Actual
  • Repairs-Decor Expense Source: Combination
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 8963
  • Water Expense Source: Owner Projection
  • Net Operating Income: $77,918.00
  • Operating Expense: $29,661.00
  • Other Expense: $.00
  • Trash Expense: $2,891.00
  • Water Sewer Expense: $4,361.00
Unit 1
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Unit Type Units Total: 8
Unit 2
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Unit Type Units Total: 2
Unit 3
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 3
  • Unit Type Units Total: 0
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 855 North Lockwood 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 855 North Lockwood Avenue

Taxable ValueLand$35,139Additions$166,585Total$201,724
Tax Record2017$72,859 ($6,072 / month)
Home Facts
Lot Size29,601 SqFtStyleMulti-Family Res (5+ Units)CountyCOOKAPN16081230100000

Schools near 855 North Lockwood 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 - 9 to 12
Charter - 9 to 12
Rating
School
Distance
Hay Elementary Community Academy
PublicPK to 8

Orr Academy High School
Public9 to 12

Banner West Academy High School
Public9 to 12

YCCS West
Charter9 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.

Neighborhood Map and Transit

Similar Homes

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855 North Lockwood Avenue is a multi-family home for sale in Chicago, IL 60651. This property was listed for sale on June 6, 2023 by American International Realty, it's currently listed at $899,000. It has been on the market for a total of 496 days and was last sold on January 26, 2012. This listing's school district is City Of Chicago School District 299. Nearby schools include Hay Elementary Community Academy, Orr Academy High School and Banner West Academy High School. 855 North Lockwood Avenue is a 12-bed, 10-bath, multi-family home built in 1927.

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 American International Realty

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.