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1714 W Rascher AVE Chicago, IL 60640
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Key Details
Sold Price $555,000
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10785521
Sold Date 09/03/20
Style Greystone
Bedrooms 5
Year Built 1908
Annual Tax Amount $9,475
Tax Year 2019
Lot Size 8,712 Sqft
Lot Dimensions 25 X 125
Property Sub-Type Two to Four Units
Property Description
Exceptionally well cared for Grey-stone 2-flat in West Andersonville. With the condition of the apartments, rents could be quite healthy. Truly, the epitome of a turnkey investment. Building was retrofit with central air and heat for each of the units in 2008. The considerable list of improvements can be found in the drop down for additional information and will offer peace of mind to any buyer. In such a prime location, a turnkey building like this should conservatively bring somewhere in the $3,000 per month range without spending a dime. If you want to get creative you could transform this property for a huge return. This is the kind of building and location where high-end finishes to kitchens and baths could bring steady high dollar rents for the long haul. Duplexing the first floor could make it a dream live-in owner scenario. Lastly - - a properly appointed transformation with attention to details to a SFH will bring a 7 digit price tag. Tons of possibilities and options. This is an incredibly solid 2 flat in a fabulous location. Fully fenced back yard and 2 car garage. Check out the pictures, 3-D Matterport Video and floor plan. Set an appointment before it is gone. Fully occupied but both tenants expect to be completely vacated by 8/31/20. Please submit all offers by Wednesday evening with a decision to follow directly.
Location
State IL
County Cook
Area Chi - Edgewater
Zoning MULTI
Rooms
Basement Full
Interior
Heating Natural Gas
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
Community Features Sidewalks, Street Lights, Street Paved
Roof Type Asphalt
Building
Lot Description Fenced Yard
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
Elementary Schools Peirce Elementary School Intl St
High Schools Amundsen High School
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Xiaojing Frost • Compass
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