1948 Leavitt Street

    Chicago, IL 60647
    • $900,000
    • STATUS: Active
    • ON SITE: 34 days
    • MLS #: 10547098
    UPDATED: 110 min ago
    $900,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,035
      SQFT
    • $297
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1878
    County:

    School Ratings & Info

    Description

    Logan Square fully leased mixed use building for sale (zoned C1-1). On corner lot, two story frame building with full unfinished basement currently utilized as commercial office on street level & 3 bedroom/2 bath renovated apartment on 2nd floor. Great location only 9 minute walk to Western Blue Line Station. Full 100' exposure on Armitage for business signage. Apartment completely rehabbed in 2005 (plumbing, electric, windows, flooring, kitchen, baths) with enclosed porch & 400 sq ft roof top deck (see photos). Commercial & residential tenants pay all utilities except water/sewer. Attached over sized brick garage & basement used by commercial tenant. Low maintenance & annual expenses. Gross rent $88,800 per year: Long time apartment tenants lease thru April 2020 @$2,900/mo; commercial lease thru March 2021 @$4,500/mo.

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2019-11-17T23:50:08.53 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.bnrealty.com/homes/99931914

    1948 Leavitt Street Chicago, IL 60647

    • Price: $900,000
    • Status: Active
    • Updated: 110 min ago
    • MLS #: 10547098
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    3,035
    SQFT
    $297
    $/SQFT
    1878
    Built
    Neighborhood:
    Chi - Logan Square
    County:
    Cook
    Area:
    Chi - Logan Square
    Property Description
    Logan Square fully leased mixed use building for sale (zoned C1-1). On corner lot, two story frame building with full unfinished basement currently utilized as commercial office on street level & 3 bedroom/2 bath renovated apartment on 2nd floor. Great location only 9 minute walk to Western Blue Line Station. Full 100' exposure on Armitage for business signage. Apartment completely rehabbed in 2005 (plumbing, electric, windows, flooring, kitchen, baths) with enclosed porch & 400 sq ft roof top deck (see photos). Commercial & residential tenants pay all utilities except water/sewer. Attached over sized brick garage & basement used by commercial tenant. Low maintenance & annual expenses. Gross rent $88,800 per year: Long time apartment tenants lease thru April 2020 @$2,900/mo; commercial lease thru March 2021 @$4,500/mo.
    Exterior Features

    Construction BrickWood Frame Frontage Access City Street Location Mixed Use AreaPublic Transport Avail Lot Dimensions 24 X 100 Lot Sq Ft 2400 Number Of Parking Spaces 1 Roof Structure Flat

    Interior Features

    Air Conditioning Central Air Fire Protection Fire Extinguisher/SSmoke Or Fire ProtectorsCarbon Monoxide Detector(S) Floor Finish CarpetSlate/MarbleTileWood Indoor Parking 1-5 Spaces Miscellaneous Inside Common Meeting Room/SOverhead Door/SPrivate Restroom/SStorage InsideBasement Number Of Apts 1 Number Of Dishwashers 1 Number Of Disposals 1 Number Of Dryers 1 Number Of Fireplaces 0 Number Of Offices 1 Number Of Ranges 1 Number Of Refrigs 2 Number Of Stores 0 Number Of Stories 2 Number Of Washers 1 Outdoor Parking Common Parking

    Property Features

    Age 7-15 Years Built Before1978 YN Yes Current Use Commercial Electrical Service Separate Meters Electricity Expense 0 Expense Year 2018 Exterior Building Type Frame Fuel Expense 0 Geographic Locale Chicago NorthChicago Northwest Gross Rental Income Amount 88800 Heat Ventilation Forced AirGas Insurance Expense 2997 Insurance Expense Source Actual Known Encumbrances None Known Miscellaneous Outside Enclosed PorchEnclosed StairsStorms And Screens (As Exist)Sun Deck Monthly Rental Price 7400 Net Oper Income Amount 75887 Net Operating Income Year 2018 Number Of Tenants 2 Number Of Window Ac 0 Other Expenses 0 Owners Assoc YN No Possession ClosingTenant's Rights Rental Price 29.26 Tax Year 2018 Taxes 9523.27 Tenant Pays Air ConditioningElectricHeatScavengerVaries By Tenant Total Annual Exp 3389 Total Annual Expense Source Actual Total Annual Income 88800 Total Monthly Income 7400 Township West Chicago Utilities To Site Electric To SiteGas To SiteWater-Municipal Washer Dryer Lsd YN No Water Expense 392 Water Expense Source Actual Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2019-11-17T23:50:08.53 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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