941 North Hoyne Avenue
941 North Hoyne Avenue
$1,075,000
6
4
1
5,340
5,340
$201
Closed 5/24/21
Description
A cash positive investment property - the best of all worlds! You will love the classic style throughout this well-maintained three-unit building with opportunity around every corner. Details like natural light pouring in through big windows and skylights, and exposed brick accents helps keep this classic beauty in line with its time. Recent renovations draw renters to stay long-term. The renovated first floor unit is 2 bed/1.5 bath and boasts a fireplace, high ceilings, in-unit laundry and an enclosed...A cash positive investment property - the best of all worlds! You will love the classic style throughout this well-maintained three-unit building with opportunity around every corner. Details like natural light pouring in through big windows and skylights, and exposed brick accents helps keep this classic beauty in line with its time. Recent renovations draw renters to stay long-term. The renovated first floor unit is 2 bed/1.5 bath and boasts a fireplace, high ceilings, in-unit laundry and an enclosed porch for additional storage. Exposed brick and duct work compliment the modern renovations in the kitchen and bath, and the large, equally-sized bedrooms both feature a barn door to the closets. The second floor duplex up is unlike any other in the area with 2700 SF, 3 bedrooms on the 2nd level and a large living, dining, kitchen and den on the 3rd floor. 2 full bathrooms, one on each floor, plus walk-in closets, pantry and tons of storage make this a desirable home for nearly any type of tenant. Exposed brick and tons of natural sunlight from the added skylights complete this amazing unit. The lower level studio boasts almost 1300 square feet of open living space! Tenants will love the laundry room on the same level, plus the enclosed porch for extra storage. All of that within a few blocks of the Blue Line, bars and restaurants on Division, parks, boutique stores and more!! All three units are currently rented through 2021 with long-term tenants.Two exterior tandem parking spaces in the back of the building are also included. Recent projects include tuck pointing, roof work, 2nd floor renovations and more! CAP rate is 4% with potential for 5%+, and current GRM is at 17.0 and projected GRM at 12.89.
Property Details for 941 North Hoyne Avenue
Area
CHI - West Town
TownshipWest Chicago
OwnershipFee Simple
Num Of Parking Spaces2.0
Num Of Cars2.0
Parking Included in PriceYes
Heat/FuelNatural Gas, Forced Air, Hot Water/Steam
ZoningMULTI
Location
LISTING UPDATED: 09/17/2021 12:47 PM
Property Details for 941 North Hoyne Avenue
Status | Closed |
---|---|
MLS # | 10966152 |
Days on Market | 104 |
Taxes | $15,672 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Two to Four Units / 3 Flat |
Year Built | 1896 |
Lot Size | 0.06 AC / 2,496 SF |
County | Cook County |
Location
Building Information for 941 North Hoyne Avenue
Stories-Residences3Year Built1896Building Size-Lot Size0.06 AC / 2,496 SF
Payment Calculator
$7,173 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 941 North Hoyne Avenue
Property History for 941 North Hoyne Avenue
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 941 North Hoyne Avenue
Taxable ValueLand$18,200Additions$56,800Total$75,000
Tax Record2022$14,723 ($1,227 / month)
Home Facts
Baths3Total Finished SqFt3,924 SqFtAbove Grade Finished SqFt3,924 SqFtStories3Lot Size2,600 SqFtStyleMulti-Family Res (5+ Units)Year Built1908CountyCOOKAPN17-06-319-018
Schools near 941 North Hoyne 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 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Columbus Elementary School PublicPK to 8 | ||
Clemente Community Academy High School Public9 to 12 | ||
Lasalle II Lang Acad Elementary School PublicPK to 8 | ||
Pathways in Education - Humboldt Park High School Public9 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.
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