920 West George Street

Chicago, IL 60657

$1,550,000
Last Sold Price
11
Beds
5
Baths
3
1/2 Baths
8,233 Sq. Ft.
$188 / Sq. Ft.
8,233
Sq. Ft.
$188
per Sq. Ft.

Description

CAP Rate approaching 7%. Priced to sell. Wide 27.5 ft lot makes for spacious & airy units that are a pleasure to occupy. Beautifully renovated 1920's masonry building with duplex owner's unit on the top floor. This updated fourplex boasts beautiful white kitchens with stainless steel appliances on every floor, beautifully refinished original hardwood floors and trim, updated bathrooms, original stained glass windows, spacious bedrooms, and natural light pouring through the windows, including the...CAP Rate approaching 7%. Priced to sell. Wide 27.5 ft lot makes for spacious & airy units that are a pleasure to occupy. Beautifully renovated 1920's masonry building with duplex owner's unit on the top floor. This updated fourplex boasts beautiful white kitchens with stainless steel appliances on every floor, beautifully refinished original hardwood floors and trim, updated bathrooms, original stained glass windows, spacious bedrooms, and natural light pouring through the windows, including the garden unit. Units consist of one: large 1 bed/1 bath, two: 2 bed+den/1.5 baths, and a top floor well-appointed 3 bed/2.5 bath owner's unit with in unit laundry, an expansive walk-in closet, and a large rooftop deck perfect for relaxing or entertaining. Units are all separately metered with central heat/air and tenants share common laundry. Two car garage (Option for new owner to remove garage and pave area for 5 outdoor parking spaces for additional income. 2020 Tax Assessment reduced by 13.5%. One owner occupies the 4th floor unit at a fair market rent of $4000/mo and lease runs thru 6/30/21 (with a cancellation clause exercisable by the new owner with 30 day notice). Great location. Proximity to highway 90 / 94 Kennedy Expressway, Lake Shore Drive, Purple & Brown EL train stops, & CTA buses. Access to green and natural spaces: Weisman Playground with splash deck & public art, Lake front running & biking trail, Lake Michigan & its beaches, & Wiggly Field Dog Park. You and your tenants will enjoy local favorites: Nori Sushi, Andy's Thai Kitchen, Zizi's Mediteranian, Farm Bar, Crisp, Barcocina, DMK Burger Bar, Sapori Trattoria, Batter & Berries, & coffee from Panes Bread Cafe, Intelligentsia, & Bittersweet Pastry Shop. Must see.
  1. Listed by Leigh Marcus • @properties

Sold By Goldberg & Perl, Inc.

Property Details for 920 West George Street

Area
CHI - Lake View
Township
Lake View
Ownership
Fee Simple
Num Of Garage Spaces
2.0
Num Of Cars
2.0
Parking Included in Price
Yes
Heat/Fuel
Natural Gas, Forced Air
Zoning
MULTI

Location

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LISTING UPDATED: 07/09/2021 05:19 AM

Property Details for 920 West George Street

StatusClosed
MLS #10943015
Days on Market116
Taxes$22,592 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 4 Flat
Year Built1924
Lot Size0.08 AC / 3,465 SF
CountyCook County

Location

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Building Information for 920 West George Street

Stories-Residences4Year Built1924Building Size-Lot Size0.08 AC / 3,465 SF

Payment Calculator

$10,342 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,459

Property Taxes

$1,883

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 920 West George Street

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Agassiz Elementary School
  • Jr High Middle School: Agassiz Elementary School
  • High School District: 299
  • High School: Lincoln Park High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 35
  • Bedrooms (Below Grade): 0
  • Community Features: Sidewalks, Street Lights, Street Paved
  • Bath Amenities: Separate Shower,Soaking Tub
  • Basement Type: Full
  • Bedrooms Possible: 11
  • Basement Description: Partially Finished
  • # Full Baths in Building: 5
  • # Half Baths in Building: 3
  • Num of Baths: 5.3
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan
  • Other Equipment: Ceiling Fan(s)
Property/Lot Information
  • Exterior Property Features: Deck, Roof Deck
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: Oversized Chicago Lot
  • Lot Dimensions: 27.5X126
  • Total # Units in Building: 4.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: None
  • North Coordinate: 2900
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 920
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 11
  • Document Date: 2021-01-19T17:04:29
  • Photos Count: 80
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Additional Media Type 1: 3D Tour
Multi Family
Income & Expenses
  • Electric Expense: $600.00
  • Fuel Expense: $600.00
  • Gross Income: $129,240.00
  • Insurance Expense: $5,046.00
  • Maintenance Expense: $500.00
  • Electric Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Actual
  • Other Addl Income: Coin Laundry,Garage/s
  • Water Expense Source: Owner Projection
  • Net Operating Income: $98,702.00
  • Water Sewer Expense: $1,200.00
Unit 1
  • Unit Type Actual Rent: $1,690.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: Unit 1
  • Total Sq Ft - Unit 1: 1682
  • Floor # - Unit 1: 1
  • # Of Rooms - Unit 1: 4
  • # Half Baths-Unit 1: 0
  • # Full Baths-Unit 1: 1
  • Appliances/Features Unit 1: Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
  • Lease Exp Date (Mo/Yr) - Unit 1: 07-21-2024
  • Sec Deposit $ - Unit 1: 2535
  • Tenant Pays - Unit 1: Electric, Gas
Unit 2
  • Unit Type Actual Rent: $2,190.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Total Sq Ft - Unit 2: 1772
  • Floor # - Unit 2: 2
  • # Of Rooms - Unit 2: 8
  • # Half Baths-Unit 2: 1
  • # Full Baths-Unit 2: 1
  • Appliances/Features Unit 2: Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
  • Lease Exp Date (Mo/Yr) - Unit 2: 07-21-2024
  • Sec Deposit $ - Unit 2: 3285
  • Tenant Pays - Unit 2: Electric, Gas
Unit 3
  • Unit Type Actual Rent: $2,390.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Total Sq Ft - Unit 3: 1774
  • Floor # - Unit 3: 3
  • # Of Rooms - Unit 3: 8
  • # Half Baths-Unit 3: 1
  • # Full Baths-Unit 3: 1
  • Appliances/Features Unit 3: Stove, Refrigerator, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors
  • Lease Exp Date (Mo/Yr) - Unit 3: 07-21-2024
  • Sec Deposit $ - Unit 3: 3585
  • Tenant Pays - Unit 3: Electric, Gas
Unit 4
  • Unit Type Actual Rent: $4,000.00
  • Unit Type Baths Total: 3
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 4
  • Total Sq Ft - Unit 4: 3005
  • Floor # - Unit 4: 4
  • # Of Rooms - Unit 4: 13
  • # Half Baths-Unit 4: 1
  • # Full Baths-Unit 4: 2
  • Appliances/Features Unit 4: Stove, Refrigerator, Washer, Dryer, Dishwasher, Microwave, Central Air Conditioner, Hardwood Floors, Skylights/Windows, Walk-In Closet
  • Lease Exp Date (Mo/Yr) - Unit 4: 06-21-2024
  • Sec Deposit $ - Unit 4: 0
  • Tenant Pays - Unit 4: Electric, Gas

Property History for 920 West George Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 920 West George 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 - K to 8
Public - PK to 8
Rating
School
Distance
Harriet Tubman Elementary School
PublicPK to 8

Lincoln Park High School
Public9 to 12

Inter-American Elementary Magnet School
PublicPK 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.

Listing Courtesy of @properties

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. Based on information submitted to the MLS GRID as of 07/09/2021 05:19 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.