Sold
1614 N CLEVELAND Avenue
Chicago IL, 60614
$1,539,000
Sold
Commercial
Built in 1876
Courtesy of MO2 Brokerage LLC
ASSUMABLE MORTGAGE AT VERY LOW 4.42% INTEREST RATE. LOAN DOES NOT NEED TO BE ASSUMED. THIS IS AN INCREDIBLE OPPORTUNITY TO PURCHASE A FULLY REBUILT/RENOVATED 5 UNIT PROPERTY IN THE HEART OF OLD TOWN. THE PROPERTY WAS RENOVATED FROM TOP TO BOTTOM IN 2017 WITH NEW PLUMBING, ELECTRIC, HVAC, ROOF, WINDOWS, SIDING, FRAMING. CONDO QUALITY KITCHENS AND BATHROOMS WITH IN-UNIT LAUNDRY IN ONE OF THE MOST SOUGHT AFTER LOCATIONS IN THE CITY. SHORT WALK TO THE SEDGWICK "L" STOP, WELLS STREET, ARMITAGE AVENUE, SECOND CITY AND LAKE MICHIGAN. SOME ROOM TO INCREASE RENTS TO MARKET. GREAT INVESTMENT OPPORTUNITY AT BELOW MARKET INTEREST RATE.
11660139
MLSⓇ ID
October 25, 2022
Listed
March 28, 2024
Updated
Map
1614 N CLEVELAND Avenue
Chicago IL, 60614
Interior Features
Total Stories
2
Fireplace
No
Cooling
Yes
Cooling Description
Central Individual
Heating
No
Exterior/Building Features
Lot Size
0.05 Acres
Other Property Details
Area Name
CHI - Lincoln Park
Taxes
$16,087
Tax Frequency
Annually
Days on Market
97
Garage
No
View
No
County
Cook
Pool
No
Buyer Agency Compensation
2% - $395
Courtesy of MO2 Brokerage LLC, Kevin Schnell,
Listing Contact: 312-203-6883
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Gillman Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 3/28/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and 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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 4:14 AM UTC, 3/28/2024
