1442 N North Park Avenue
Chicago, IL, 60610 $ 1,595,000
Bedrooms6 Baths6.0 Sq 7,000 Monthly Estimate*
$ 11,142
for $1,595,000 with 6 bedrooms and 6 full baths. This 7,000 square foot home was built in 1998.
Introducing 1442 N North Park Ave! 2022 Taxes are ~$32,472.08/yr. An exceptional opportunity nestled in the heart of Old Town that beckons visionaries with an eye for luxury. Situated in one Chicago's most desired neighborhoods, this expansive ~7,000 square foot 2-flat offers a unique chance to craft the single-family residence or split townhome + rental opportunity of your dreams, all without the weight of monthly assessments. Why settle for a townhome when you can possess, personalize, and preside over this amazing property! Each of the two units showcases a symmetrical, mirrored design that spans 3 full floors of opulent living space. Residents are greeted by 3 bedrooms, 3 full bathrooms, and additional dens that serve as the perfect canvases for home offices or creative spaces. The residences sing of elegance with their marble fireplaces, and dining becomes a daily luxury within kitchens fitted with commercial-grade stainless steel appliances and sub-zero refrigerators. Vast walk-in closets offer effortless organization, ensuring each space remains pristine. Architecturally, the property stands as a testament to quality. High ceilings paired with an abundance of windows ensure units are drenched in natural light. The pinnacle of luxury is realized on the top floor, which reveals 3 expansive rooftop decks and penthouses. These sanctuaries are perfect for recreation, office endeavors, or tranquil evening relaxation. Modern conveniences haven't been overlooked. Each unit benefits from an individual, attached 1-car garage, in-unit full-size washer/dryers, and the reliability of dual zone heating and air conditioning systems. Additionally, homeowners and investors alike can appreciate a steady revenue stream; one unit is currently rented at $4,500/month until 5/31/24, offering consistent income as plans for the vacant unit take shape. Location is paramount, and this property doesn't disappoint. Nestled amidst Old Town's main district-shops, parks, top-tier restaurants, Chicago's iconic lakefront, and the bustling downtown-merely steps away from the city's finest entertainment, shopping, and transport hubs. In essence, for those who yearn for unparalleled elegance, abundant space, and boundless potential, this property isn't just an investment-it's a canvas ready for a visionary's touch. Tour today! R-5 Zoning.
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FeaturesGeneralSewer Public Sewer
Heating Natural Gas Forced Air
Possession Closing
Exterior Features Deck Roof Deck
Zoning MULTI
Garage Spaces 2
Year Built 1998
Township North Chicago
Tax Year 2022
Percent Ownership Fee Simple
Gross Income 54000
County Cook
New Construction N
Property Type Residential Income Two to Four Units
Contingency Attorney/Inspection
Total Rooms 20
Status Contingent
Directions NORTH AVE TO NORTH PARK SOUTH TO PROPERTY. WEST SIDE OF THE STREET
City Chicago
High School District 299
MLS Area CHI - Near North Side
Waterfront Y/N N
Street Name North Park
Tax Annual Amount 32472.08
Additional Parcels Y/N N
Days on Market 21
Standard Status Active Under Contract
Middle/Junior School District 299
Elementary School District 299
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InteriorBasement None None
Street Suffix Avenue
Total Bedrooms 6
Room Type Den
Total Baths 6
Bedrooms Possible 6
Bathrooom Whirlpool Separate Shower
Full Baths Building 6
Half Baths Building 0
Total Number of Units 2
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ExteriorWater Source Public
Total Parking 2
Lot Dimensions 25 X 102
Other Equipment Humidifier CO Detectors Water Heater-Gas
Garage Onsite Yes
Garage Type Attached
Garage Ownership Owned
Exterior Brick
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* Excluded FeaturesList ByFulton Grace RealtyBroker
jmcclure@fultongrace.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $11,142
- Monthly Property Taxes
- $2,706
- 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.
Learn more about how to save NearbyMulti-family listings in Chicago, IL
Average List Price $643,646
Percent of Sale Price 60%
About Chicago, IL 2,755,380 Population
-4% Since 2002
$ 53,088 Median Income
36.07 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
566059 Elementary School
566846 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
2/27/2024 | $1,595,000 | | Listed Price |