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Off market
  • $1,266,900

    1148 W Addison St, Chicago, IL 60613

    8beds
    0baths
    4,800sqft
    MultiFamily
    Built in 1904
    -- sqft lot
    $1,266,900 Zestimate®
    $264/sqft
    $3,335 Estimated rent

    What's special

    Bright and spacious Wrigleyville 2-flat with two 2200 square foot 4 bed/3 bath duplexes located in the coveted Blaine school district! Both units have gas forced air heat & central air, hardwood floors, high ceilings & separate living & dining rooms. 2nd floor owner's duplex up features beautiful dark hardwood floors, remodeled kitchen with espresso stained kitchen cabinets, granite counter tops, SS appliances, custom back splash & remodeled bathroom with subway tile shower surround. 25 windows were replaced in the last 2 years, furnaces, AC units & water heaters were replaced in the last 5 years, new outdoor patio & low maintenance landscaping. Fantastic location is close to Wrigley field, Wrigleyville & Southport corridor restaurants, shopping, CTA Red & Brown lines. Tenants pay all utilities except water. 3 tandem parking spaces behind building rent for $200/each (total of 6 spaces), additional coin laundry income of about $150/month. Apartments are always rented with no vacancy. Amazing investment opportunity produces $24,000/year in positive cash flow with 20% down payment & 4% interest rate! 6.8% Cap Rate, 11.5% Cash on Cash return! Please see virtual tour link for interactive floor plans and photos.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 0
    Heating
    • Forced air, Gas
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Refrigerator
    Features
    • Flooring: Hardwood
    • Basement: Finished
    Interior area
    • Total interior livable area: 4,800 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Off-street
    Features
    • Exterior features: Vinyl
    Lot
    • Size: 3,125 sqft
    Details
    • Parcel number: 1420225014

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Foundation: Slab
    • Roof: Shake / Shingle
    Condition
    • Year built: 1904

    Utilities & green energy

    • Sewer: Sewer-Public

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Built Before 1978 (Y/N): Yes
    • Heat/Fuel: Gas
    • Sewer: Sewer-Public
    • Listing Type: Exclusive Right To Sell
    • Status: Active
    • Water: Lake Michigan
    • Parking: Off Street
    • Parking Type: Space/s
    • Other Information: Commuter Train, Commuter Bus
    • Age: Unknown
    • Basement: Finished
    • Type-Multi: 2 Flat
    • Appliances/Features Unit 1: Stove, Central Air Conditioner, Refrigerator, Dishwasher, Hardwood Floors
    • Exterior Building Type: Vinyl Siding
    • Parking On-Site: Yes
    • Recent Rehab (Y/N): Yes
    • Parking Ownership: Owned
    • Lot Dimensions: 25 X 125
    • Appliances/Features Unit 2: Stove, Refrigerator, Central Air Conditioner, Hardwood Floors, Dishwasher
    • Tenant Pays - Unit 1: Electric, Gas, Heat, Parking
    • Tenant Pays - Unit 2: Electric, Gas, Heat, Parking
    • Basement (Y/N): Full
    • Total Sq Ft - Unit 1: 2400
    • Tax Year: 2018
    • Parcel Identification Number: 14202250140000
    Services availability
    Sell for more on Zillow
    Get a free Zillow Showcase℠ listing and you could sell for .
    $1,266,900
    2% more+ $25,338
    With Zillow Showcase(estimated)
    $1,292,238