Chicago, IL 60647 2255 W Shakespeare Avenue
$1,249,000



13 more














Presented By: @properties Christie's International Real Estate
Home Details
Primo Bucktown/Holstein Park, center entrance, 4 unit, corner building with all 4 units looking over the green space of the park. Each of the 4 units feature 2 bedrooms and 1 bathroom and central a/c and heat. Unit 1W features a renovated kitchen with quartz counters and stainless steel appliances and in unit laundry. The other 3 units feature a 90's era kitchen set up and share laundry in the basement. The renovation in 1W cost $15,000 and saw rent raise from $2,100 to $2,500 per month so proof of concept that another $45,000 investment can raise the gross monthly rents to roughly $10,000 a month from $8,625 where they stand today. Our contractor would be happy to do the work on the remaining units at their next vacancy. This is a gem of a building in the heart of my favorite pocket in Bucktown with four nice floorplans all overlooking the park. There is an unfinished basement currently used for laundry and storage where a buyer could explore adding more units or more square footage. Parking for 3 cars behind the building.
Presented By: @properties Christie's International Real Estate
Interior Features for 2255 W Shakespeare Avenue
Bedrooms
Bedrooms Possible8
Total Bedrooms8
Bathrooms
Full Baths Building4
Half Baths Building
Total Baths4
Other Interior Features
BasementUnfinished, Full
Total Number of Units4
General for 2255 W Shakespeare Avenue
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CountyCook
DirectionsWestern To Shakespeare - East To 2255 West - Corner of Oakley and Shakespeare.
Electric Expense300
Elementary School District299
HeatingNatural Gas, Forced Air
High School District299
Insurance Expense3000
MLS AreaCHI - Logan Square
Middle/Junior School District299
New ConstructionNo
OwnershipFee Simple
PossessionClosing
Property TypeResidential Income
Property TypeTwo to Four Units
SewerPublic Sewer
Standard StatusActive Under Contract
StatusContingent
Tax Annual Amount17509.35
Tax Year2023
Total Rooms16
TownshipNorth Chicago
Trash Expense0
Water Sewer Expense3000
Waterfront Y/NNo
Exterior for 2255 W Shakespeare Avenue
Lot Dimensions24 X 100
Parking FeaturesOn Site
Total Parking3
Water SourceLake Michigan
Additional Details
Price History
