$14,100,000
$14,999,000
6.0%For more information regarding the value of a property, please contact us for a free consultation.
52,400 SqFt
SOLD DATE : 02/22/2022
Key Details
Sold Price $14,100,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
Square Footage 52,400 sqft
Price per Sqft $269
MLS Listing ID 11252647
Sold Date 02/22/22
Year Built 2012
Annual Tax Amount $181,520
Tax Year 2020
Lot Dimensions 149.61’ X 118.58’ X 167.61’ X 58.61’ X 18’ X 60’
Property Sub-Type Multi Family 5+
Property Description
Rare opportunity to acquire 1822 - 1832 West Irving Park Road. Two newer construction mixed-use buildings consisting of (24) 2 bed - 2 1/2 bath units, (8) 2 bed - 2 bath units, and commercial storefronts at grade. Each of the buildings spans approximately 26,000 square feet and is situated on approximately 18,797 square feet of land. Additionally, the property features 44 indoor, heated, attached garage parking spaces and 6 outdoor parking spaces (some of the parking spots are tandem). This opportunity offers an owner-user or investor the ability to position themselves in a highly desirable submarket within Chicago, with built-in demand and limited supply. The property is nestled between the desirable North Center, Lakeview and Ravenswood neighborhoods and is just west of Ashland Ave with ease of access to the CTA Brown line and 90/94. With prominent signage and exposure facing Irving Park Road, the asset is also conveniently located within the expansive amenity hub of North Center, featuring multiple new developments in the local area.
Location
State IL
County Cook
Area Chi - North Center
Interior
Cooling Central Air
Fireplace N
Exterior
Roof Type Membrane,Rubber
Building
Level or Stories 5
Structure Type Steel Siding
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Bought with Philip Barone • Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "