Chicago, IL 60618 2232 W Irving Park Road
$1,599,000



22 more























Presented By: Jakubco Development, Inc
Home Details
Amazing Eight Unit Multi-Family/Mixed Use Property on Oversized Chicago Lot comprising of Six Residential Apartments and 2 Commercial Storefronts in coveted North Center/St. Ben's/Coonley School District!!!!! Northcenter is one of the most rapidly appreciating neighborhoods in Chicago with many large Apartment Projects recently constructed as well as ready to be constructed in the near term. This property is walking distance to CTA Brown Line Rail Service and CTA Bus Transit Service to Brown Line, Red Line and Blue Line Rail Lines. Walking distance to Walgreens and many new Boutique style retail/service business and nightlife. Six out of the Eight Units have been gutted to the studs with high quality finishes. The property consists of 2 Spacious One Bedroom Apartments and 4 Studio Apartments along with 2 Commercial Storefront. All units have separate HVAC, separate hot water tanks for specific units and all tenants pay their own utilities. Updated Mechanicals, HVAC Systems, Electrical and Finishes and exterior porch upgrades. Recent Tear Off Roof, Parapet Wall Tuckpointing including lintel replacements, rear stairway upgrades, updated Common Areas with Separate Common Coin Laundry Room and 2 Car Garage for additional income. Perfect for the owner-occupied investor, Buyer who is looking to operate their own business or long term buy and hold. Low Taxes as Well!!! Property is Being Sold As-Is!!!!
Presented By: Jakubco Development, Inc
General for 2232 W Irving Park Road
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
Current UseOther
DirectionsEast or West on Irving Park Road to 2232 W. Irving Park Road.
ElectricCircuit Breakers
Electric Expense1550
Fuel Expense2000
Gross Income132900
Insurance Expense3750
Lot Size Square Feet4531
MLS AreaCHI - North Center
Net Operating Income95351
Number Of Units Total8
Operating Expense24925
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories2
Tax Annual Amount17192
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
TownshipLake View
Trash Expense0
Water Sewer Expense1600
Year Built1927
ZoningCOMMR
Exterior for 2232 W Irving Park Road
Lot Dimensions4531
Additional Details
Price History
