Active

1528 N Bosworth Avenue

Chicago IL, 60642

$1,475,000


$316.39 per sqft

Active

4,662 sqft

Commercial

Built in 1896

Courtesy of Sol Properties Chicago Inc

Presenting a fantastic investment opportunity in the heart of Wicker Park! This stunning 3-story brownstone features six fully leased flats, providing immediate rental income. The property offers two avenues to increase value. There is both add value potential, and the ability to increase rents with most of these units currently well under market. The building boasts classic architectural details and is well-maintained, ensuring long-term value and appeal. The property level is dug out around the building, making both garden units true English gardens with full-sized windows and doors complete with outdoor patios. Both 1R and 2R have outdoor decks. Both units on the first floor are large open units with renovation potential. The two duplex units on the second floor have plenty of upward mobility being both ready for renovation and well under market. Additional income streams from this property include potential for three outdoor parking spots as well as four coin-operated laundry machines. Lastly, some units have been updated with stainless steel appliances and granite countertops (not pictured). Being located in the heart of Wicker Park, one of Chicago's most desirable neighborhoods, makes it easily walkable to a plethora of restaurants, cafes, shops, grocery stores, nightlife, parks, the highway, CTA public transportation, as well as the 606 bike trail. Whether you're looking to expand your investment portfolio or embark on a new development project, this property offers immense potential. Don't miss out on this exceptional opportunity in one of Chicago's most vibrant neighborhoods, Wicker Park!

12093059

MLS ID

June 27, 2024

Listed

July 13, 2024

Updated

Map

1528 N Bosworth Avenue
Chicago IL, 60642

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.07 Acres

Other Property Details

Area Name

CHI - West Town


Taxes

$24,824


Tax Frequency

Annually


Days on Market

6


Garage

No


View

No


County

Cook


Municipality

West Chicago


Pool

No


Zoning

MULTI

Courtesy of Sol Properties Chicago Inc, Tom Barnes,
Listing Contact: 708-363-2978 

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 NiKo Collaborative 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 7/13/2024. 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 7:06 PM UTC, 7/13/2024

 

 

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