2016 W Wabansia Avenue

Chicago, IL, 60647

$995,000

$995,000
Active Under Contract
Active Under Contract
 - For Sale
beds
6 Beds
property_type
Multi-family
calendar
Built 1880
Rarely available 2-Flat featuring a sun filled owner's Duplex-Up and a 3-Story coach house, situated in a premier A++ Bucktown Location. The property contains three (3) total units, with 2 units in the front building and 1 unit in the coach house. The unit types consist of one (1) 2Bed/1Bath, one (1) 1Bed/2Bath duplex and one (1) 3Bed/2Bath that takes up the entire coach house. Both structures have recently received new roofs and windows(2021) and the front brick building has been freshly tuck-pointed. All units have been updated with central air/heat, individual washer/dryers, and various levels of remodeled kitchens and bathrooms. The subject property is located one block north of the Damen Blue Line and Wicker Park's six corners, which offers endless options for restaurants, bars, shopping locations and nightlife. Additionally the property is located just 1 block south of the incredibly popular 606 trail (a near 3-mile landscaped and elevated path for runners, bikers and walkers) as well as Churchill Park, one of the largest green spaces in Wicker Park/Bucktown which offers a gated dog park. This offering provides a new operator the opportunity to acquire a well-performing asset with substantial value-add opportunity, by increasing the below-market existing rents and renovating the first floor front unit. Perfect option for an owner-occupant hoping to live on-site and cash flow from leasing the remaining units.
MLS ID:
11178683
Listed:
9/12/21
Updated:
9/26/21

Interior Features

Total Bedrooms
6
Total Bathrooms
0
Heating
Natural Gas

School Information

School District
299

Other Property Details

Area Name
CHI - West Town
Taxes
$11786.1
Tax Frequency
per YEAR
Attached Garage
No
County
Cook
Water Source
Lake Michigan
Pool
No

Property History

Date
Event
Price
Value
8/10/21
Active Under Contract
-
-
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