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  • $1,693,000

    1248 N Paulina St, Chicago, IL 60622

    7beds
    --sqft
    Multi Family
    Built in 1880
    -- sqft lot
    $1,831,200 Zestimate®
    $--/sqft
    $4,400 Estimated rent

    Home value

    $1,831,200

    $1.63M - $2.05M

    $4,400/mo

    Zestimate® history
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    What's special

    Welcome to your dream investment property in the heart of Wicker Park. This impeccably designed 3-unit building boasts a rare gem: An Extraordinary duplex up owner's unit sprawling over 3,400 sqft. Entering the owners unit, you have a classic main floor foyer to drop coats, shoes and packages. Walk up the stairs and you appreciate the corner lot with massive windows and natural light. The gorgeous white kitchen has a huge island and tons of storage, literally no design element or functionality feature was missed. Open concept spaces with ample dining space and a huge living room adorned with a Gas fireplace as the focal point. Main floor guest bedroom and beautiful guest bath featuring marble tile and Satin Brass fixtures. A Two story atrium with a center staircase adds a fantastic architectural feature. The Rear Family room is massive and provides a great place to hang out or host the big game. Dual sliding patio doors onto your private 800 sqft outdoor oasis with hot tub, gas, water and electric. The Rear Staircase offers a 2nd access to the bedroom level. 2 very well sized guest bedrooms both with tons of windows and natural light. Custom closets throughout the property with fantastic storage including linen, and walk in laundry facility. The 2nd floor guest bath offers dual vanity and a huge tub shower with private commode and heated floors. Step into your Luxury master suite with South East Corner windows and a gracious floorplan. King bed with built in lighting and tons of space for additional furniture. The Walk in Closet will be a hit and the Master bath is to die for. Huge vanity with dual sinks and tons of counter space, storage, heated floors and a private commode. Massive walk in shower with smooth transition. Designer finishes throughout! We are not done yet. Walk down your interior rear stairs to your attached 2 car garage with 10.5' ceiling and 8' garage door. Insulated and piped for a heater, this is a city dwellers dream. Basement is ~ 7' height used as owner storage and mechanicals for the rental units. The owner's unit offers zoned heating and cooling per floor and was built with elite attention to detail. This property offers 2 main floor units situated as Front and Rear above grade rentals. Both units are 1 bedroom with galley kitchens and a spacious floorplan offering living and dining space. Both have been updated with condo quality finishes with in unit Washer Dryer and individual Heating and Cooling - A+ rentals! Owners' unit: 3,400 square feet duplex up 4 bedrooms 3 bathrooms Taxes: $20,695.28 Unit 1F rental income $1,620 / Month Unit 1F lease expiration May 31, 2024 Unit 1R rental income $1,625 / Month Unit 1R lease expiration May 31, 2024 *Long term tenants with below market rents. Rental units have their own H2O tank and HVAC mechanicals. Tenants pay their own gas & electric.

    Zillow last checked:

    Listing updated:

    Listed by:

    Matt Liss 773-415-4744,

    Mark Allen Realty, LLC,

    Blaze Bilic 630-935-0850,

    Mark Allen Realty, LLC

    Bought with:

    Matt Liss

    Mark Allen Realty, LLC

    Matt Liss

    Mark Allen Realty, LLC

    Source: MRED as distributed by MLS GRID,MLS#: 11966151MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 5
    • Full bathrooms: 5
    Heating
    • Natural Gas
    Features
    • Basement: Unfinished,Full

    Property

    Parking
    • Total spaces: 2
    • Parking features: On Site, Garage Owned, Attached, Garage
    • Attached garage spaces: 2
    Lot
    • Size: 2,400 Square Feet
    • Dimensions: 24X100
    Details
    • Parcel number: 17062340290000
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Multi Family
    Materials
    • Fiber Cement
    Condition
    • New construction: No
    • Year built: 1880
    • Major remodel year: 2021

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $1,254,930
    • Annual tax amount: $20,251
    • Date on market: 4/30/2024
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    1/8/2025Sold$1,693,000
    Source: Public Record Report a problem
    4/29/2024Sold$1,693,000+170.9%
    Source: MRED as distributed by MLS GRID #11966151 Report a problem
    4/22/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    4/14/2022Listed for rent$1,595
    Source: Zillow Rental Manager Report a problem
    8/30/2005Sold$625,000+132.3%
    Source: Public Record Report a problem
    6/6/1997Sold$269,000+13%
    Source: Public Record Report a problem
    7/3/1995Sold$238,000+449.2%
    Source: Public Record Report a problem
    1/14/1994Sold$43,333
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $125,493 +20.6%
    2023$21,315 +3%$104,038
    2022$20,695 +2.2%$104,038
    2021$20,251 +44.2%$104,038 +57.3%
    2020$14,045 -0.2%$66,150 -10%
    2019$14,078 +1.7%$73,500
    2018$13,840 +35.4%$73,500 +44.5%
    2017$10,224 +5.5%$50,867
    2016$9,688 +9.6%$50,867
    2015$8,841 +14%$50,867 +14.6%
    2014$7,756 +2.2%$44,370
    2013$7,592 +1%$44,370
    2012$7,514 -17.2%$44,370 -26.1%
    2011$9,079 +1%$60,066
    2010$8,985 +6.4%$60,066
    2009$8,441 +10.3%$60,066 0%
    2008$7,655 -0.7%$60,075 -5.2%
    2007$7,706 +10.4%$63,399
    2006$6,981 +8.7%$63,399 +54.2%
    2005$6,420 +13.9%$41,117
    2004$5,636 +4.5%$41,117
    2003$5,396 -5.4%$41,117 +22.5%
    2002$5,705 -1.9%$33,574
    2001$5,814 +50.1%$33,574
    2000$3,872 -0.4%$33,574 +51.5%
    1999$3,886 $22,156
    Find assessor info on the county website

    Neighborhood: Wicker Park

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: 299

    Source: MRED as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,831,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,831,200