4249 W Division Street Chicago, IL $ 1,350,000
4249 W Division Street
$ 1,350,000
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4249 W Division Street

Chicago, IL, 60651
$ 1,350,000
Bedrooms12 Baths0.0

Monthly Estimate*

$ 9,430

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4249 W Division Street, Chicago, IL 60651 - Image 8
4249 W Division Street, Chicago, IL 60651 - Image 9

Multi-Family Home for sale in Chicago, IL

for $1,350,000 with 12 bedrooms. This home was built in 1928 on a lot size of 0.179293.

We are pleased to present a unique 14-unit multifamily opportunity located in the desirable Humboldt Park neighborhood of Chicago's West Side. The unit mix consists (2) Retail, (6) 1 Bedroom, (6) 2 Bedroom units. All units are very spacious with separate dining rooms, living rooms, and kitchens, plus an abundance of closet space. The building has a beautiful courtyard with (4) additional enclosed garage spaces and room for at least (4) outdoor spots. Recent capital improvements consist of new water tanks, newer porches, new windows, new booster pump, tuckpointing, recently poured concrete around building, boiler to be good through 2037, updated electrical, and a newer electrical gate that encloses the courtyard. This property is located in one of Chicago's top Up-And-Coming Neighborhoods. This is a great opportunity for a savvy investor. Current low in place rents that can be increased significantly. Humboldt Park showed a 12% rental increase from 2022 and that trajectory will progress as the city continues to develop this West Side neighborhood.

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Multi-Family Active

Price

$ 1,350,000

Bedrooms

12

Property Type

Multi-Family

Taxes

$ 17,961

Style

Lot Size

0.179293

Year Built

1928

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11995303

Features
General
Utilities Sanitary Sewer
Construction Materials Brick
Year Built 1928
Electric Service - 201 to 600 Amps
Tenant Pays Electricity Heat
Stories 3
Tax Year 2022
Gross Income 167000
County Cook
Net Operating Income 104225
Operating Expense 58169
Insurance Expense 17100
Property Type Commercial Sale Multi Family 5+
Status Active
Directions SW corner of Kildare and Division
City Chicago
Total Units 14
MLS Area CHI - Humboldt Park
Lot Size Square Feet 7810
Street Name Division
Tax Annual Amount 17961
Electric Expense 516
Fuel Expense 9583
Trash Expense 1500
Water Sewer Expense 1859
Additional Parcels Y/N N
Days on Market 6
Standard Status Active
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Exterior
Lot Dimensions 63' X 123'
Exterior Brick
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Interior
Street Suffix Street
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* Excluded Features
List By
Sperry Van Ness

Broker

priya.patel@svn.com

Email

Affordability Calculator

$10,927
Per Month
86%
14%
0%
Monthly Principal & Interest
$9,430
Monthly Property Taxes
$1,497
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
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/4/2024$1,350,000 Listed Price

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4249 W Division Street, Chicago, IL, 60651 is a Multi-Family Home for sale at $1,350,000 with a lot size of 0.179293. 4249 W Division Street has 12 bedrooms, 0.0 baths, and was built in 1928. The property's zip code is 60651 which is in Chicago, IL