1947 W Grand Avenue Chicago, IL ^$ 585,000

1947 W Grand Avenue

^$ 585,000

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1947 W Grand Avenue

Chicago, IL, 60622

^$ 585,000

Bedrooms4 Baths2.0

Monthly Estimate*

^$ 3,888

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Multi-Family Home for sale in Chicago, IL

for $585,000 with 4 bedrooms and 2 full baths. This home was built in 1892.

Recently renovated 2 unit building in West Town! Ditch the thought of a single-family home and supplement part of your mortgage with rental income! Renovations to list: New siding (2019), windows (2019), steel support beams (2020), new roof (2019), smart key locks, The decks, recently renovated both bathrooms and kitchens, central AC and furnace replaced (2021). The unfinished basement has 1 Samsung washer and 1 Samsung dryer installed (2022), extra storage, rear parking lot is big enough for 2 cars and a couple of motorcycles! Notable perks - the Damen green line near completion - a few blocks away at Grand and Lake! Located in the ADU program map - future profit potential after purchase with zoning permission. Owner is licensed IL Real Estate Managing Broker. Sold as-is. Value based on condition as seen.

Multi-Family Contingent

Price

^$ 585,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 11,723

Style

Year Built

1892

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12048346

Features

General

Sewer Public Sewer

Heating Natural Gas Forced Air

Possession Closing

Year Built 1892

Township West Chicago

Tax Year 2022

Percent Ownership Fee Simple

County Cook

New Construction N

Property Type Residential Income Two to Four Units

Contingency Attorney/Inspection

Total Rooms 10

Status Contingent

Directions West on Grand from Ashland to Damen. 2 lots east of Damen on southeast corner of Damen and Grand.

City Chicago

High School District 299

MLS Area CHI - West Town

Waterfront Y/N N

Street Name Grand

Tax Annual Amount 11723.9

Electric Expense 660

Fuel Expense 2425

Water Sewer Expense 750

Additional Parcels Y/N N

Days on Market 8

Standard Status Active Under Contract

Middle/Junior School District 299

Elementary School District 299

Interior

Basement Full Unfinished

Street Suffix Avenue

Total Bedrooms 4

Total Baths 2

Bedrooms Possible 4

Full Baths Building 2

Half Baths Building 0

Total Number of Units 2

Exterior

Parking Features Parking Lot

Water Source Public

Total Parking 2

Lot Dimensions 25X125

Lot Size Acres 0

Exterior Vinyl Siding

* Excluded Features

List By

Compass

Broker

Michelle.loven@compass.com

Affordability Calculator

$4,865

Per Month

Monthly Principal & Interest: $3,888
Monthly Property Taxes: $977
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Chicago, IL

Average List Price ^$640,886

Percent of Sale Price 10%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

566059 Elementary School

566846 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/6/2024	$585,000		Listed Price

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1947 W Grand Avenue, Chicago, IL, 60622 is a Multi-Family Home for sale at $585,000. 1947 W Grand Avenue has 4 bedrooms, 2.0 baths, and was built in 1892. The property's zip code is 60622 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 5/30/2024.

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1947 W Grand Avenue

Multi-Family Home for sale in Chicago, IL

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