4505 N Artesian Avenue,Chicago, IL 60625
Chicago, IL 60625
Description
Prime Lincoln Square Investment Opportunity! Exceptional all-brick two-flat situated on an oversized 30' x 126' Chicago lot in the highly sought-after Waters Elementary School District. This classic Chicago multifamily building offers excellent owner-occupant or investment potential with both units delivered vacant. Unit #1 features 2 bedrooms and 1 full bathroom, while Unit #2 offers 3 bedrooms and 1 full bathroom. The expansive unfinished basement provides abundant storage, two washer/dryer hookups, dedicated laundry space, and utility/mechanical rooms. Major building improvements include a premium Bitec roof (approximately 2010) and a garage roof replacement (approximately 2021). The property is equipped with two water heaters (one serving each unit) and two separate boiler systems, including a larger boiler for Unit #2 (approximately 1998) and a second boiler for Unit #1 (approximately 2010). Each unit has separately metered gas and electric service, allowing tenants to pay their own utilities, including boiler heat, electricity, water heaters, and laundry. Outstanding opportunity to renovate, update, or add to your investment portfolio in one of Chicago's most desirable neighborhoods. The property is being sold as-is.
Details
| MLS # | 12727586 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active Under Contract |
| Days On Site | 18 |
| Listing Provided By | Jameson Sotheby's Intl Realty | Ilsa Conover |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 2 |
| Garage | 1 |
| Basement | Y |
| Zoning | MULTI |
Interior
| Rooms Total | 13 |
|---|---|
| Heating | Natural Gas, Radiator(s) |
Exterior
| Roof | Flat |
|---|---|
| Foundation Details | Concrete Perimeter |
| Construction Materials | Brick |
Parking
| Parking Features | No Garage, Yes, Garage Owned, Detached, Garage |
|---|---|
| Garage Spaces | 1 |
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Sidewalks |
|---|
Taxes
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 11441.65 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60625 |
| Area | CHI Lincoln Square |
| School District | Amundsen High School |
| Elementary School | Waters Elementary School |
| High School | Amundsen High School |
| Listing VS Median (in 60625) | |
Price: $575,000 low | high Med: $291,500 On site: 18 low | high Med: 13 | |
Market Activity 60625
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60625 |
| Area | CHI Lincoln Square |
| School District | Amundsen High School |
| Elementary School | Waters Elementary School |
| High School | Amundsen High School |
| Listing VS Median (in 60625) | |
Price: $575,000 low | high Med: $291,500 On site: 18 low | high Med: 13 | |
