1614 North CLEVELAND Avenue Chicago, IL 60614

$1,539,000
0.05
Acres
$1,539,000
Favorite

sold - 02/17/2023
1/13
Street View

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.

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.

  • Neighborhood
  • Type
  • County
    Cook
  • Area
    CHI - Lincoln Park
  • Tax Amount
    $16,087
  • Status
    Sold
  • Listing #
    11660139
  • Built
    1876
  • Lot Size
    0.05
  • Listed on site
    528 days
  • Sold Price
    1539000

Listed by:
MO2 Brokerage LLC

mls source logo © 2020 Midwest Real Estate Data LLC. All rights reserved. Listing courtesy of MO2 Brokerage LLC.
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Property details

Community Features

  • No HOA

Exterior features

  • No Pool

Property History

DateDays AgoEventNew Price
Dec 14, 20221 yr agoPrice decreased10,000 (1%)$1,539,000
Nov 7, 20221 yr agoNew on market$1,549,000
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