3837 North Lakewood Avenue

Chicago, IL 60613

$750,000
Last Sold Price
6
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Exquisite Greystone 2 flat in the highly sought-after Southport Corridor of Lake View with incredible potential for more income! Incredible condo alternative for an owner-occupant or a turn-key investment at a 6% cap rate! Located in the highly coveted Blaine School District, the extra-wide building sits on a beautiful tree-lined street and overlooks a quaint neighboring courtyard. Both units are 3 bedrooms and 1 bath with large kitchens and enclosed sundecks, which are perfect for entertaining....Exquisite Greystone 2 flat in the highly sought-after Southport Corridor of Lake View with incredible potential for more income! Incredible condo alternative for an owner-occupant or a turn-key investment at a 6% cap rate! Located in the highly coveted Blaine School District, the extra-wide building sits on a beautiful tree-lined street and overlooks a quaint neighboring courtyard. Both units are 3 bedrooms and 1 bath with large kitchens and enclosed sundecks, which are perfect for entertaining. These units offer spacious living and separate dining areas complete with classic Chicago built-in features, hardwood floors, original molding, and soaring ceilings. The lower level features common laundry, and additional storage space, and is ideal for creating a duplex down or turning into a legal ADU. Enjoy the spacious yard on warm summer days, which also has plenty of room for secured parking. Steps away from Wrigley field, The Music box theatre, Little Goat Diner, Tuco and Blonde, and so much more. Attention Investors, at this 6% cap rate with potential for an ADU, this is a multi-unit you won't want to miss!

Listing Agents

  1. Hayley Westhoff

    Hayley Westhoff

    Listing Agent

    Compass

    hayley.w@compass.com

    P: 773.729.0594

  2. Jamie Book

    Jamie Book

    Alternative Listing Agent

    Compass

    jamie.book@compass.com

    P: 773.876.5260

Sold By Real People Realty

Property Details for 3837 North Lakewood Avenue

Area
CHI - Lake View
Township
Lake View
Ownership
Fee Simple
Num Of Parking Spaces
2.0
Num Of Cars
2.0
Heat/Fuel
Natural Gas
Architectural Style
Greystone
Zoning
MULTI

Location

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LISTING UPDATED: 07/28/2023 04:02 PM

Property Details for 3837 North Lakewood Avenue

StatusClosed
MLS #11806721
Days on Market45
Taxes$14,277 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 2 Flat
Year Built1906
Lot Size0.05 AC / 2,178 SF
CountyCook County

Location

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Virtual Tour

Building Information for 3837 North Lakewood Avenue

Stories-Residences2Year Built1906Building Size-Lot Size0.05 AC / 2,178 SF

Payment Calculator

$5,283 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,093

Property Taxes

$1,190

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3837 North Lakewood Avenue

General Information
School Information
  • Elementary School District: 299
  • Elementary School: Blaine Elementary School
  • Jr High Middle School: Blaine Elementary School
  • High School District: 299
  • High School: Lake View High School
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Parking: Space/s
  • Parking On Site: true
  • Parking Ownership: Owned
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Num Of Rooms: 12
  • Bedrooms (Below Grade): 0
  • Community Features: Park
  • Basement Type: Full
  • Bedrooms Possible: 6
  • Basement Description: Unfinished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 0
  • Room Type: Enclosed Porch
  • Num of Baths: 2.0
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Public
Property/Lot Information
  • Exterior Property Features: Storms/Screens
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: Yes
  • Rehab Year: 2017
  • Built Before 1978: Yes
  • Age: 100+ Years
  • Lot Description: Fenced Yard, Irregular
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 25 X 105 IRREG
  • Total # Units in Building: 2.0
  • Waterfront: No
  • Exterior Building Type: Stone
  • Roof Type: Rubber
  • Foundation Details: Concrete Perimeter
  • General Information: None
  • North Coordinate: 3837
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 1300
  • 3 Br Un In Bldg: Yes
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2023-06-12T17:14:31
  • Photos Count: 19
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Insurance Expense: $2,251.00
  • Maintenance Expense: $3,740.00
  • Water Sewer Expense: $1,269.00
Unit 1
  • Unit Type Actual Rent: $2,000.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 8/23
Unit 2
  • Unit Type Actual Rent: $2,350.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTM

Property History for 3837 North Lakewood Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Schools near 3837 North Lakewood 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 - K to 8
Rating
School
Distance
Blaine Elementary School
PublicPK to 8

Lake View 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.

Neighborhood Map and Transit

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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.