2233 N Southport Avenue Chicago, IL $ 1,150,000
2233 N Southport Avenue
$ 1,150,000
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2233 N Southport Avenue

Chicago, IL, 60614
$ 1,150,000
Bedrooms7 Baths4.0 Sq 800

Monthly Estimate*

$ 8,033

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Multi-Family Home for sale in Chicago, IL

for $1,150,000 with 7 bedrooms and 4 full baths. This 800 square foot home was built in 1890 on a lot size of 0.16.

Excited to present a fantastic investment opportunity in Lincoln Park! This all brick 4-unit building located on Southport Ave is currently on the market and features a 2-car brick garage and shed. This property is perfect for either an investor looking to add to their portfolio or an owner-occupant seeking a prime location. Each unit in the building consists of two spacious bedrooms, and the unfinished attic can be duplexed up to create additional bedrooms or converted into a massive single-family residence. Additionally, the building is in a prime area near DePaul University, the Loop, shops, restaurants, and public transportation, making it an attractive location for potential renters. The community coin laundry generates extra income for all four units, making this investment even more appealing. Alternatively, you could choose to demolish the existing building and construct a brand new property to your specifications. Don't miss out on this excellent opportunity to invest in one of the most desirable neighborhoods in Chicago. Contact me today to schedule a viewing!

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Multi-Family Contingent

Price

$ 1,150,000

Bedrooms

7

Full Bath

4

Property Type

Multi-Family

Taxes

$ 20,109

Style

Lot Size

0.16

Year Built

1890

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11882274

Features
General
Sewer Public Sewer
Heating Natural Gas
Possession Closing
Roof Asphalt
Exterior Features Deck
Zoning MULTI
Garage Spaces 2
Year Built 1890
Township Lake View
Tax Year 2021
Percent Ownership Fee Simple
Gross Income 70800
Community Features Curbs Sidewalks Street Lights Street Paved
County Cook
Net Operating Income 67097
Insurance Expense 1803
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Other Structures Shed(s)
Total Rooms 16
Status Contingent
Directions East side of Southport South of Fullerton or north of Clybourn/Dickens
High School Lincoln Park High School
City Chicago
High School District 299
MLS Area CHI - Lincoln Park
Waterfront Y/N N
Street Name Southport
Elementary School Oscar Mayer Elementary School
Tax Annual Amount 20109.08
Middle/Junior High School Hope College Prep High School
Trash Expense 620
Water Sewer Expense 1100
Additional Parcels Y/N N
Days on Market 201
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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Interior
Basement None Crawl
Street Suffix Avenue
Total Bedrooms 7
Total Baths 4
Bedrooms Possible 7
Full Baths Building 4
Half Baths Building 0
Total Number of Units 4
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Exterior
Lot Features Fenced Yard
Water Source Lake Michigan
Total Parking 2
Foundation Details Concrete Perimeter
Lot Dimensions 24X125
Lot Size Acres 0.16
Other Equipment CO Detectors
Garage Onsite Yes
Garage Type Detached
Garage Ownership Owned
Exterior Brick
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* Excluded Features
List By
Redco, Inc.

Broker

davidh@redcorealty.com

Email

Affordability Calculator

$9,709
Per Month
83%
17%
0%
Monthly Principal & Interest
$8,033
Monthly Property Taxes
$1,676
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
567628 Elementary School
2562881 Middle School
Lincoln Park High School High School
Pricing History
DatePricePrice ChangeDescription
9/11/2023$1,150,000 Listed Price

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2233 N Southport Avenue, Chicago, IL, 60614 is a Multi-Family Home for sale at $1,150,000 with 800 sqft and a lot size of 0.16. 2233 N Southport Avenue has 7 bedrooms, 4.0 baths, and was built in 1890. The property's zip code is 60614 which is in Chicago, IL