533 W Wrightwood Avenue Chicago, IL $ 1,100,000
533 W Wrightwood Avenue
$ 1,100,000
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533 W Wrightwood Avenue

Chicago, IL, 60614
$ 1,100,000
Bedrooms3 Baths0.0 Sq 3,300

Monthly Estimate*

$ 7,684

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Multi-Family Home for sale in Chicago, IL

for $1,100,000 with 3 bedrooms. This 3,300 square foot home was built in 1878.

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.

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Multi-Family Contingent

Price

$ 1,100,000

Bedrooms

3

Property Type

Multi-Family

Taxes

$ 21,101

Style

Multi-Family

Year Built

1878

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12031132

Features
General
Cooling Central Air Window Unit(s)
Utilities Sanitary Sewer Water-Municipal
Possession Closing
Zoning MULTI
Construction Materials Brick
Year Built 1878
Electric Circuit Breakers Service - 201 to 600 Amps
Tenant Pays Air Conditioning Electricity Heat
Stories 3
Township Lake View
Tax Year 2022
Current Use Multi-Family
Gross Income 85500
County Cook
Net Operating Income 49632
Operating Expense 34703
Insurance Expense 2487
Property Type Commercial Sale Multi Family 5+
Contingency Attorney/Inspection
Status Contingent
Directions WRIGHTWOOD (2600 N) EAST OF CLARK
City Chicago
Total Units 5
MLS Area CHI - Lincoln Park
Street Name Wrightwood
Tax Annual Amount 21101.1
Electric Expense 517
Fuel Expense 2520
Trash Expense 0
Water Sewer Expense 3140
Additional Parcels Y/N N
Days on Market 9
Standard Status Active Under Contract
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Interior
Total Fireplaces 1
Street Suffix Avenue
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Exterior
Building Area Total 3300
Lot Dimensions 25' X 50'
Frontage Type City Street
Exterior Brick Stone
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* Excluded Features
List By
Jameson Commercial

Broker

mcesario@jameson.com

Email

Affordability Calculator

$9,442
Per Month
81%
19%
0%
Monthly Principal & Interest
$7,684
Monthly Property Taxes
$1,758
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
4/16/2024$1,100,000 Listed Price

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533 W Wrightwood Avenue, Chicago, IL, 60614 is a Multi-Family Home for sale at $1,100,000 with 3,300 sqft. 533 W Wrightwood Avenue has 3 bedrooms, 0.0 baths, and was built in 1878. The property's zip code is 60614 which is in Chicago, IL