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    2846 W North Avenue

    Chicago, IL 60647
    • $4,600,000
    • STATUS: Active
    • ON SITE: 29 days
    • MLS #: 11045282
    UPDATED: 22 min ago
    $4,600,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 23,575
      SQFT
    • $195
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1920
    County:

    School Ratings & Info

    Description

    INCREDIBLE, UNIQUE AND RARE :A TRUE LOFT BUILDING ! Artist owned with incredible duplexed live/work loft, huge studio on the 3rd floor and living space on the top floor. 20 artists spaces provide additional income on 1st & 2nd levels.The building is very well maintained: New windows, state of the art skylights,tuckpointed, updated heating system.Owners' unit has a large living area with a lovely master suite and walk in closet/dressing room with separate tub and shower. Upgraded kitchen, 2 bedrooms and a huge office.This unique property has many possibilities but could also be maintained as is with great steady income from the studios on floors 1 and 2.

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    © 2021 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 Ani Real Estate. Based on information submitted to the MRED as of 2021-05-07T20:52:54.237 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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    2846 W North Avenue Chicago, IL 60647

    • Price: $4,600,000
    • Status: Active
    • Updated: 22 min ago
    • MLS #: 11045282
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    23,575
    SQFT
    $195
    $/SQFT
    1920
    Built
    Neighborhood:
    Chi - West Town
    County:
    Cook
    Area:
    Chi - West Town
    Property Description
    INCREDIBLE, UNIQUE AND RARE :A TRUE LOFT BUILDING ! Artist owned with incredible duplexed live/work loft, huge studio on the 3rd floor and living space on the top floor. 20 artists spaces provide additional income on 1st & 2nd levels.The building is very well maintained: New windows, state of the art skylights,tuckpointed, updated heating system.Owners' unit has a large living area with a lovely master suite and walk in closet/dressing room with separate tub and shower. Upgraded kitchen, 2 bedrooms and a huge office.This unique property has many possibilities but could also be maintained as is with great steady income from the studios on floors 1 and 2.
    Exterior Features

    Construction Materials BrickStone Docks Drive-In Doors Foundation Details Stone Frontage Type City Street Location Mixed Use Area Miscellaneous Outside Storms And Screens (As Exist) Outdoor Parking 1-5 SpacesFenced Parking Total 5 Roof MembraneRubber Roof Structure Flat

    Interior Features

    Cooling Central Air Electric Circuit Breakers201-600 Amps3 Phase Fire Protection Fire Extinguisher/S Fireplaces Total 0 Flooring ConcreteWood Heat Ventilation Forced AirGas Miscellaneous Inside Elevator/S FreightHeavy Floor LoadMulti-TenantOverhead Door/SPublic Restroom/SSkylight/SStorage InsideBasement Number Of Apts 1 Number Of Dishwashers 2 Number Of Dryers 2 Number Of Offices 20 Number Of Ranges 2 Number Of Refrigs 2 Number Of Stores 4 Number Of Washers 2 Number Of Window Ac 1

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Cap Rate 2 Current Use Other Electric Expense 2578 Existing Lease Type N/A Expense Year 2020 Fuel Expense 7387 Geographic Locale Chicago North Gross Income 227280 Gross Scheduled Income 227280 Insurance Expense 7148 Known Encumbrances First Mortgage Lot Size Dimensions 50 X 175 Net Operating Income Year 2020 Number Of Tenants 20 Operating Expense 99216 Other Expense 16553 Owners Assoc YN No Possible Use CommercialCondominiumMulti-Family Tax Annual Amount 30132 Tax Year 2019 Tenant Pays Heat Total Monthly Income 18940 Trash Expense 1184 Utilities Electric To SiteGas To SiteHolding Tank/SSanitary SewerWater To Site Washer Dryer Leased YN No Water Drainage Floor Drains Water Sewer Expense 884 Zoning Other

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Jameson Sotheby's Intl Realty.


    © 2021 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 Ani Real Estate. Based on information submitted to the MRED as of 2021-05-07T20:52:54.237 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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