$1,539,000
1614 N CLEVELAND Avenue
Chicago, IL, 60614
ASSUMABLE MORTGAGE AT VERY LOW 4.42% INTEREST RATE. LOAN DOES NOT NEED TO BE ASSUMED. THIS IS AN INCREDIBLE OPPORTUNITY TO PURCHASE A FULLY REBUILT/RENOVATED 5 UNIT PROPERTY IN THE HEART OF OLD TOWN. THE PROPERTY WAS RENOVATED FROM TOP TO BOTTOM IN 2017 WITH NEW PLUMBING, ELECTRIC, HVAC, ROOF, WINDOWS, SIDING, FRAMING. CONDO QUALITY KITCHENS AND BATHROOMS WITH IN-UNIT LAUNDRY IN ONE OF THE MOST SOUGHT AFTER LOCATIONS IN THE CITY. SHORT WALK TO THE SEDGWICK “L” STOP, WELLS STREET, ARMITAGE AVENUE, SECOND CITY AND LAKE MICHIGAN. SOME ROOM TO INCREASE RENTS TO MARKET. GREAT INVESTMENT OPPORTUNITY AT BELOW MARKET INTEREST RATE.
Property Details
Price:
$1,539,000 / $1,539,000
MLS #:
MRD11660139
Status:
Closed ((Feb 17, 2023))
Beds:
0
Baths:
0
Address:
1614 N CLEVELAND Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Oct 25, 2022
State:
IL
ZIP:
60614
Year Built:
1876
Schools
Interior
Cooling
Central Individual
Exterior
Construction Materials
Wood Frame
Financial
Buyer Agent Compensation
2% – $395Net Sale Price
Tax Year
2021
Taxes
$16,087
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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1614 N CLEVELAND Avenue
Chicago, IL
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