Chicago, IL 60647,2255 W Shakespeare AVE
Chicago, IL 60647,2255 W Shakespeare AVE
Chicago, IL 60647,2255 W Shakespeare AVE
Chicago, IL 60647,2255 W Shakespeare AVE
Chicago, IL 60647,2255 W Shakespeare AVE
Chicago, IL 60647,2255 W Shakespeare AVE
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$ 1,249,000
Est. payment | /mo

8 Beds

4 Baths


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$ 1,249,000
Est. payment | /mo
Save

8 Beds

4 Baths

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12298826

Bedrooms 8

Annual Tax Amount $17,509

Tax Year 2023

Lot Dimensions 24 X 100

Property Sub-Type Two to Four Units

Property Description

Primo Bucktown/Holstein Park, center entrance, 4 unit, corner building with all 4 units looking over the green space of the park. Each of the 4 units feature 2 bedrooms and 1 bathroom and central a/c and heat. Unit 1W features a renovated kitchen with quartz counters and stainless steel appliances and in unit laundry. The other 3 units feature a 90's era kitchen set up and share laundry in the basement. The renovation in 1W cost $15,000 and saw rent raise from $2,100 to $2,500 per month so proof of concept that another $45,000 investment can raise the gross monthly rents to roughly $10,000 a month from $8,625 where they stand today. Our contractor would be happy to do the work on the remaining units at their next vacancy. This is a gem of a building in the heart of my favorite pocket in Bucktown with four nice floorplans all overlooking the park. There is an unfinished basement currently used for laundry and storage where a buyer could explore adding more units or more square footage. Parking for 3 cars behind the building.

Location

State IL

County Cook

Area Chi - Logan Square

Rooms

Basement Full

Interior

Heating Natural Gas, Forced Air

Fireplace N

Building

Dwelling Type Two to Four Units

Sewer Public Sewer

Water Lake Michigan

New Construction false

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

Midwest Real Estate Data (MRED) IDX
Listed by Robert Sikkel • @properties Christie's International Real Estate
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 772-2820

gsaju@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642, USA

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2255 W Shakespeare AVE