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Oct

Thu

Oct

Fri

Oct

Thomas Rasmussen & Julianne Rasmussen

tom@therasmussenteam.com +1(630) 762-3902

$ 1,599,000

Est. payment | -/mo

7 Beds

6 Baths

3,049 Sqft Lot

Save

$ 1,599,000

Est. payment | -/mo

Save

7 Beds

6 Baths

3,049 Sqft Lot

Open House

Fri Oct 24, 3:30pm - 4:30pm

Sat Oct 25, 11:00am - 12:00pm

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12483245

Style Greystone

Bedrooms 7

Maintenance Fees $750

Year Built 1902

Annual Tax Amount $23,634

Tax Year 2023

Lot Size 3,049 Sqft

Lot Dimensions +/-124 X 24

Property Sub-Type Two to Four Units

Property Description

**PRIME** East Lakeview CLASSIC Greystone FOUR BLOCKS from WRIGLEY - Fully Renovated 3-Unit Investment with STRONG Cash Flow! On one of East Lakeview's most picturesque tree-lined blocks, this Greystone has been updated since its purchase with LARGE units boasting spacious floor plans, large living spaces, eat-ins, separate dining rooms, updated kitchens and bathrooms, separate HVAC systems, and more. Office / den spaces can easily be converted into third bedrooms or left as bonus rooms. With all three units leased through 2026, this is a turnkey investment with very strong cash flow in one of Chicago's most desirable rental markets. Unit 1 underwent a major renovation in 2024 with approximately $28K in improvements, including all new appliances and the addition of a private in-unit washer/dryer. The basement has plentiful tenant storage, maximizing functionality, and also has the convenience of a two-car brick garage. Ideally situated just BLOCKS from the lakefront, Wrigley, and two blocks from the Red Line 'L', the building is in a prime north side location to give tenants unbeatable access to Lakeview's restaurants, shops, and nightlife. With a proven rental history, this building is an excellent investment that provides immediate stability with long-term upside in one of Chicago's most sought-after neighborhoods.

Location

State IL

County Cook

Area Chi - Lake View

Zoning MULTI

Rooms

Basement Unfinished, Storage Space, Full

Interior

Heating Natural Gas

Equipment Ceiling Fan(s)

Fireplace N

Exterior

Garage Spaces 2.0

Community Features Curbs, Sidewalks, Street Lights, Street Paved

Building

Dwelling Type Two to Four Units

Building Description Stone, No

Sewer Public Sewer

Water Lake Michigan

Structure Type Stone

New Construction false

Schools

School District 299 , 299, 1

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Mark Zipperer of RE/MAX Premier

GET MORE INFORMATION

Thomas Rasmussen & Julianne Rasmussen

Broker-Associate | Lic# 475.112457 | 475.200942

tom@therasmussenteam.com

+1(630) 762-3902

325 South Street, Geneva IL 60134

905 W Dakin ST Chicago, IL 60613

Thomas Rasmussen & Julianne Rasmussen

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

905 W Dakin ST