1615 W Highland Avenue Chicago, IL ^$ 3,295,000

1615 W Highland Avenue

^$ 3,295,000

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1615 W Highland Avenue

Chicago, IL, 60660

^$ 3,295,000

Bedrooms13 Baths0.0

Monthly Estimate*

^$ 23,017

1615 W Highland Avenue, Chicago, IL 60660 - Image 1

1615 W Highland Avenue, Chicago, IL 60660 - Image 2

1615 W Highland Avenue, Chicago, IL 60660 - Image 3

1615 W Highland Avenue, Chicago, IL 60660 - Image 4

1615 W Highland Avenue, Chicago, IL 60660 - Image 5

Multi-Family Home for sale in Chicago, IL

for $3,295,000 with 13 bedrooms. This home was built in 1917 on a lot size of 0.292723.

Investment opportunity 6% cap to own a rare turnkey 13 unit brick building with coach house and garages on oversized lot in hot Edgewater neighborhood. Mix of bed/bath counts all occupied and renovated in last 2 years. In addition to new roof and hot water heaters apartments feature modern kitchens with stainless steel appliances, exquisite hardwood flooring, modern bathroom finishes and in-unit laundry. Near university, restaurants, retail, lake and more. Some value add opportunities. Cash flowing asset. Additional properties for sale in portfolio. More photos and info forthcoming. Please send POF and sign NDA for financials.

Multi-Family Active

Price

^$ 3,295,000

Bedrooms

Property Type

Multi-Family

Taxes

^$ 19,832

Style

Lot Size

0.292723

Year Built

1917

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12005899

Features

General

Construction Materials Brick

Year Built 1917

Tenant Pays Air Conditioning Electricity Heat

Stories 3

Tax Year 2022

Gross Income 1

County Cook

Net Operating Income 1

Operating Expense 1

Insurance Expense 1

Property Type Commercial Sale Multi Family 5+

Status Active

Directions A block west off Clark Street and a block south of Devon Ave

City Chicago

Total Units 13

MLS Area CHI - Edgewater

Lot Size Square Feet 12751

Street Name Highland

Tax Annual Amount 19832

Electric Expense 1

Fuel Expense 1

Trash Expense 1

Water Sewer Expense 1

Additional Parcels Y/N N

Days on Market 16

Standard Status Active

Exterior

Lot Dimensions 66 X 176

Interior

Street Suffix Avenue

* Excluded Features

List By

Trelleum Llc

Broker

info@theresamueller.com

Affordability Calculator

$24,669

Per Month

Monthly Principal & Interest: $23,017
Monthly Property Taxes: $1,653
Monthly Home Insurance: --

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Yearly 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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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$642,441

Percent of Sale Price 81%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/26/2024	$3,295,000		Listed Price

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1615 W Highland Avenue, Chicago, IL, 60660 is a Multi-Family Home for sale at $3,295,000 with a lot size of 0.292723. 1615 W Highland Avenue has 13 bedrooms, 0.0 baths, and was built in 1917. The property's zip code is 60660 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/1/2024.

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1615 W Highland Avenue

Multi-Family Home for sale in Chicago, IL

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