533 W Wrightwood Avenue
Chicago, IL, 60614
$1,100,000
Beds
0 Baths
3,300 SqFt
0 Acres
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$1,100,000
533 W Wrightwood Avenue
Chicago, IL, 60614
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533 W. Wrightwood Ave., located in the heart of Lincoln Park, the most sought-after neighborhood in Chicago. Located in an A+ location, this building offers (1) 2 Bedroom 2 Bath Duplex & (4) 1 Bedroom 1 Bath Units. The current owner updated three of the five units extensively with condo-quality finishes and HVAC systems. The remaining two units allow a qualified investor to create a value-add opportunity by updating the units and bringing the rents to market. The pride of ownership is shown in how meticulous and pristine the property condition is. It also boasts a high-tech door and intercom system that tenants and owners can operate via a smartphone or tablet app. The capital improvements include, but are not limited to, newer windows, electric supply, in-unit electric breakers and panels, HVACs, boiler system, and masonry work. An Offering Memorandum with more details is available upon request. **NOTE** Dramatic price drop as the seller is motivated and ready to entertain offers.

Property Details

Price:
$1,100,000
MLS #:
MRD12031132
Status:
Active Under Contract
Beds:
0
Baths:
0
Address:
533 W Wrightwood Avenue
Type:
Commercial
City:
Chicago
Listed Date:
Apr 16, 2024
State:
IL
Finished Sq Ft:
3,300
ZIP:
60614
Year Built:
1878

Schools

Interior

Cooling
Central Air, Window Unit(s)
Fireplaces Total
1

Exterior

Construction Materials
Brick

Financial

Buyer Agent Compensation
2.0%Net Sale Price
Net Operating Income
$49,632
Tax Year
2022
Taxes
$21,101
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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533 W Wrightwood Avenue
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