$1,425,000
$1,450,000
1.7%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 09/05/2023
Key Details
Sold Price $1,425,000
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11790988
Sold Date 09/05/23
Maintenance Fees $1,750
Year Built 1925
Annual Tax Amount $18,902
Tax Year 2021
Lot Dimensions 7428
Property Sub-Type Multi Family 5+
Property Description
Introducing 2643-45 W. Greenleaf Ave., a meticulously maintained seven-unit apartment building located in the Indian Boundary Park area of Chicago's West Ridge community. Under the same ownership for over 43 years, this center entrance building, originally constructed in 1925 as luxury residences, has been thoughtfully modernized while preserving its vintage charm. The unit mix includes five spacious 2 bed / 1 bath layouts, an exquisite 3 bed / 2 bath duplex, and a 1 bed / 1 bath garden apartment. Each above grade unit offers refinished hardwood floors, formal dining rooms, corean countertops, dishwashers, in-unit laundry, and private wood balconies. The property features six dedicated parking spaces, enhancing convenience for residents and generating additional income. The duplex unit, previously occupied by the owner, offers luxurious amenities such as a hot tub, steam room, fireplace, and private gated terrace. Recent improvements include individual boilers for customized heating, separately metered electric with a 400AMP main service, and new Rheem hot water tanks installed in May 2023. Notable upgrades also include a tear-off roof completed eight years ago, copper plumbing throughout, and recently replaced Pella windows. With the potential to increase rents and the option for owner-occupancy, this property presents an exceptional investment opportunity. Experience a remarkable blend of desirable features, recent enhancements, and the promise of substantial rental income or owner-occupied attractiveness at 2643-45 W. Greenleaf Ave.
Location
State IL
County Cook
Area Chi - West Ridge
Zoning MULTI
Interior
Fireplace N
Building
Level or Stories 3
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