1440 North Washtenaw Avenue, Chicago, IL


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About 1440 North Washtenaw Avenue

Huge 4 unit building in East Humbolt Park / West Wicker Park. Previous owners have kept the building well maintained. Estate Sale. Three 3Bd/ 2Bth units w/ hardwood floors, high ceilings, living/dining combo, fireplace, spacious rooms & a private deck. 3 gated parking spaces. Units filled with lots of light. All units have white / neutral original kitchens and baths in good condition. Custom closets throughout. *Gross yearly income when rented was $86400. $1900 for 3 units & $1500 for garden. * The unit mix consists of three 3 Bedroom 2 Bathroom units that measure approximately 1,300 square feet and one 3 bedroom 1 bath garden unit that measures approximately 1,000 square foot respectively. Three units also feature their own built-in gas-operated fireplaces. Previous tenants paid gas, electric, and heat. The property offers investors a unique opportunity to purchase a quality Multifamily asset in a prime location, w/ the ability to increase cash flow by raising rents. 3 units are vacant and lease expiring soon for the garden unit. 25x125 lot. Building according to the tax records is 4984 square feet. Coin laundry in the basement. Only a few minutes drive to the I-94 Kennedy Expressway, 0.6 miles west of the CTA's Damen Blue Line train station, and just 200 feet south of the CTA's North Avenue & Campbell bus 72 stop. The 606 trail is steps away, as is the gem of Humboldt Park and the Garfield Park conservatory. The WoW (West of Western) commercial district is home to a growing collection of small design & fashion businesses including An Orange Moon, Richard's Fabulous Finds, Rock Solid Health, Bottle and Branch, or Illumination Art & Design.

Features of 1440 North Washtenaw Avenue

MLS® # 11868713
Price $975,000
Units 4
Bedrooms 12
Bathrooms 7.00
Acres 0.07
Year Built 1995
Type Residential Income
Sub-Type Two to Four Units
Status Contingent
Multi-Family No

Community Information

Address 1440 North Washtenaw Avenue
Area CHI - West Town
City Chicago
County Cook
State IL
Zip Code 60622


Heating Natural Gas
Fireplace No
Has Basement Yes
Basement English


Exterior Brick,Block
Exterior Features Porch
Lot Description Fenced Yard
Roof Flat
Foundation Concrete Perimeter

School Information

District 299

Additional Information

Days on Market 92
Zoning MULTI
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeRE/MAX Premier

Listing Map

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