1502 N CLEVELAND Avenue

Chicago, IL
$ 995,000 Beds 5 Baths 4 Sq 4,400
Monthly Estimate* How much can I afford?

OLD TOWN-Investors delight SPACIOUS GRAY-STONE 3 UNITS w/beautiful curb appeal. Almost 5000 Sq Ft of living space, Lot (25x123), RT-5 Zoning. Building was gutted & rehabbed 30 years ago w/full replacement & improvements of structural, plumbing, electric & mechanic. **1st fl, owner occupied, is dplx down, almost 2000 Sq Ft w/2 full huge Baths, 2 fireplaces,. /can be rented for $3,200+ / month. A few months ago was just nicely remodeled ( see pictures) **2nd ( see pics) & 3rd units are identical: 2/1, laminate floor, Fireplace, spacious w/lots of light...Tenants pay all utilities! Current Gross Income, if owner unit is rented, will be around $100,000/with some improvements Gross Income can be $30K-$40K higher. Bldg is ideal for 2 or 3 condos /Duplex down & duplex up/, convert to SF home or keep it as high end investment. Condos in the area sell for over $1 Million, SF for a few Millions. Laundry in the basement, 2 Car garage /can bring extra Income/. Amazig Chicago's city sky light from the roof (Pls check the photo-possible roof deck) ) Beautiful secular yard. Bldg is well cared for, however, long time owner prefers AS-IS sale.

Contingent

  • Price
  • $ 995,000
  • Lot Size
  • Bedrooms
  • 5
  • Sqr Footage
  • 4,400
  • Full Bathrooms
  • 4
  • Year Built
  • 1895
  • Half Bathrooms
  • 0
  • City, Zip
  • Chicago
  • Taxes
  • 22272
  • County
  • COOK
  • Style
  • Greystone
  • Area
  • CHI - Near North Side
  • MLS#
  • 10827631
  • Zip
  • 60610
Listing Provided by: Coldwell Banker Residential

Features

General

Community Features Curbs, Sidewalks, Street Lights, Street Paved, Other
Heating Natural Gas, Forced Air
New Construction No
Property Type Two to Four Units
Property Type Residential Income
Sewer Public Sewer
Standard Status Active Under Contract
Subdivision Name Old Town
Zoning MULTI

Interior Features

Basement None
Bathrooom Whirlpool, Soaking Tub
Bedroomspossible 5
Full Baths Building 4
Full Baths Unit 1 2
Full Baths Unit 2 1
Full Baths Unit 3 1
Total Baths 4
Total Bedrooms 5

Exterior Features

Exterior Masonite, Stone
Garage Onsite Yes
Garage Ownership Owned
Garage Type Detached
Lot Dimensions 25 X 123
Total Parking 2
Water Source Lake Michigan

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,068

Per Month

Based on the average sale price from the Rochelle, IL office

  • Monthly Principal & interest $1,939
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

8/22/2020 Listed $1,175,000
9/30/2020 16% - $995,000

Property vs Zip Code Average in 60610

Price
AVG $640K
$1,000K
Taxes
AVG $9,324
$22,272
Visits
AVG 37
91
Year Built
AVG 1979
1895
Walkscore
AVG 96
88
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

1502 N CLEVELAND Avenue Chicago, IL is a Single Family Home for sale at $995000 with 4400 sqft and a lot size of Acre(s). 1502 N CLEVELAND Avenue Chicago has 5 bedrooms, 4 baths and was built in 1895. The property's zip code is 60610 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.