4035-37 North Central Park AvenueChicago, IL 60618Price: $2,340,000

  • Price: $2,340,000
  • 28 Days on Market
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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1927Year Built

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Old Irving Park Brick 3 story, fully occupied, vintage finishes, very clean and well-maintained Building! Property is a tremendous Value Add opportunity as long term hold or trophy asset in highly appreciating Irving Park neighborhood. Total of 18 apartments, 17 units are 1bed/1bath rented between $900-$925 and one Studio rented at $800. Rents could be higher, the tenants pay for their own heat and electric. Long term owner has performed regular maintenance: roof is only 4-5 years old, the water heaters are 4-5 years old, tuck-pointing was done about the same time, 4-5 years ago. The owner pays for the hot & cold water, property taxes, insurance, trash, gas for the hot water and laundry, electric in the common area. 9 units have furnaces on gas, 9 units have electric radiators, tenants pay for the usage. The monthly laundry income is $230-$240. Superb location! The property is located 1/2 block north of Irving Park, at the middle distance between the Independence Park & Horner Park, and minutes distance to McFetridge Sports Center with Ice Rink, Revere Park and tons of excellent restaurants, bars, coffee shops, etc. Don't miss out, this will sell quick!

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Listed by Dana Surcel of Onix Realty,Inc.

Based on information submitted to MRED  as of August 11, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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