Chicago, IL 60642 1244 N Cleaver Street

$1,450,000

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Presented By: Cross Street Real Estate
  • MLS# 12364492
  • 05/13/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • SQFT • 3,600

Home Details

1244 N. Cleaver is a 6-unit turnkey property situated in the vibrant West Town/Noble Square area. Fully updated units with in-unit W/D, sleek kitchens featuring stainless steel appliances and granite countertops, radiant heated floors, mini-split systems, and tankless water heaters. Highlights include potential for duplex conversion on the top floor units and reduced property taxes. 2 parking spaces in the rear of the building generate additional income. Four out of six units have outdoor spaces. This property is strategically located near transportation hubs and highways, offering both appeal and convenience. Don't miss out-schedule your showing today!
Presented By: Cross Street Real Estate

General for 1244 N Cleaver Street

Additional Parcels Y/NNo
Cap Rate7.1
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingWall Sleeve
CountyCook
Current UseMulti-Family
DirectionsFrom Division go north on Cleaver to 1244
ElectricCircuit Breakers, Separate Meters
Electric Expense
Energy EfficientWater Heater
Fuel Expense
Gross Income146520
Insurance Expense
Lot Size Square Feet3125
MLS AreaCHI - West Town
MaintenanceExpense
ModificationTimestamp2025-06-05T17:07:01.624Z
Net Operating Income102900
Number Of Units Total6
Operating Expense37880
PossessionClosing
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount20327.5
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
TownshipWest Chicago
Trash Expense0
Water Sewer Expense0
Year Built1900
ZoningMULTI

Exterior for 1244 N Cleaver Street

Building Area Total3600
BuyerOfficeFax(312) 228-5052
Lot Dimensions25X125

Additional Details

Price History

Client Care

Price $1,450,000
MLS#12364492
List Date 05/13/2025
Property Type Contingent
Phone 847.485.2500
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