2216 N Cleveland AVE new Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60614
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12419886
Style Greystone
Bedrooms 7
Year Built 1898
Annual Tax Amount $21,824
Tax Year 2023
Lot Dimensions 24 X 124
Property Sub-Type Two to Four Units
Property Description
Classic Chicago Greystone in prime east Lincoln Park location. This fully occupied 3-flat plus garden apartment never sees vacancies (119k a year and rents can be moved up easily). Long-term tenants have kept some rents low. The units feature very high ceilings (10'), central heat + AC. 2/4 units have in-unit laundry. Common area laundry is also found in the front half of the English Garden. Lots of room for cosmetic improvements to increase the monthly rents. Recent enhancements include tuck pointing, removal of ivy, painted full rear of the building, and repainted metal vertical walls in breezeway. New furnace in Unit 3, new AC in unit 2 and newly rebuilt retaining wall on south walkway. Total yearly utilities are 6119 - that is common electric, trash, water, gas and sewer. Lot size is approximate as of listing date, awaiting new survey. owner pays 34% gas for unit 1, garden and common area (that is reflected in the 6119 of expenses) RENT ROLL, EXPENSES AND LEASE TERMS ALL ON ADDITIONAL INFO TAB. PLEASE TAKE A MINUTE TO LOOK AT THAT BEFORE CONTACTING
Location
State IL
County Cook
Area Chi - Lincoln Park
Zoning MULTI
Rooms
Basement Partially Finished,Full,Daylight
Interior
Heating Natural Gas,Forced Air,Baseboard
Fireplace N
Exterior
Exterior Feature Balcony
Building
Dwelling Type Two to Four Units
Building Description Brick,Limestone, No
Sewer Public Sewer
Water Public
Structure Type Brick,Limestone
New Construction false
Schools
Elementary Schools Lincoln Elementary School
Middle Schools Lincoln Elementary School
High Schools Lincoln Park High School
School District 299 ,299, 299
Others
Ownership Fee Simple
Special Listing Condition List Broker Must Accompany