$995,000
1508 W Wolfram Street
Chicago, IL, 60657
Beautiful and immaculate income producing property in ideal Lakeview location on quite tree lined Wolfram! Currently the owners residence, unit 2 is a bright and spacious 3 bedroom, 2 bath duplex up. This unit features thoughtfully designed kitchen with granite countertops, high quality 42″ cabinetry, stainless steel appliances including 48″ 8 burner Viking range with double oven and hood for the cooking enthusiast! Additional features of duplex include beautifully updated baths, gleaming hardwood floors, vaulted ceilings with skylights allowing for an abundance of natural light to shine through, fireplace, spacious room sizes, custom window treatments, walk in closet and sliding doors leading to large deck and fully enclosed and secure backyard perfect for entertaining as well as for kids and dogs to play! Recently renovated and tenant occupied first floor unit consists of stunning 1 bed & 1 bath and is currently rented for $1800/mth through 7/31/23. Could easily be rented for significantly more including $3500/mth for Airbnb. Two car garage. Prime location close to parks, boutiques, grocery stores, transportation, DePaul, Southport Corridor, Burley school and Wrigley Field. Recent upgrades include: Interior paint 2022, front stairs 2022, rear deck 2022, front windows 2019, Garden unit went through a gut renovation in 2018, New 95% high efficiency furnaces- 2018, Closed cell foam insulation 2018. So many options with this property! Live in your own home while supplementing your mortgage payment with an income unit, rent both units, utilize as Airbnb or combine units to convert into a single family home. The possibilities are endless! Dont miss this opportunity!
Property Details
Price:
$995,000 / $962,500
MLS #:
MRD11713410
Status:
Closed ((May 3, 2023))
Beds:
4
Baths:
3
Address:
1508 W Wolfram Street
Type:
Multi Family
City:
Chicago
Listed Date:
Feb 6, 2023
State:
IL
ZIP:
60657
Year Built:
1900
Schools
School District:
299
Elementary School:
Burley Elementary School
Interior
Heating
Natural Gas, Forced Air
Exterior
Architectural Style
A- Frame
Community Features
Park, Sidewalks, Street Lights, Street Paved
Exterior Features
Balcony, Deck, Patio, Porch
Other Structures
Garage(s)
Roof
Asphalt
Financial
Buyer Agent Compensation
2.5%-$495% of Net Sale Price
Tax Year
2021
Taxes
$18,233
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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1508 W Wolfram Street
Chicago, IL
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