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1442 N Paulina Street Chicago, IL 60622
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Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11728073
Sold Date 08/31/23
Annual Tax Amount $30,665
Tax Year 2021
Lot Size 2,178 Sqft
Lot Dimensions 24X100
Property Description
Fantastic opportunity to own this fully rented 5 unit building in A+ Wicker Park location. An owner investment opportunity with stabilized rents and potential for increases. Unit mix is made up of (3x) 1 Bed + den/1 Bath and (2x) 2 Bed/2 Bath layouts. Each unit features hardwood floors, high ceilings, and great natural light. Large communal courtyard between front and rear buildings. The recently built Coachhouse (2020) has two duplex units which include in-unit laundry, spacious bedrooms, and plentiful closets. This can be a great armchair investment with over $120,000 in gross income per year. This property is located in the heart of Wicker Park near public transit, the highway, and Jewel Osco. Just steps away from Milwaukee Ave shops & dining.
Location
State IL
County Cook
Zoning MULTI
Interior
Fireplace N
Exterior
View Y/N true
Roof Type Composition
Building
Foundation Concrete Perimeter
Structure Type Brick
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Bought with Non Member • NON MEMBER