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  • $1,400,000

    1340 N Dean St, Chicago, IL 60622

    7beds
    --sqft
    Multi Family
    Built in 1997
    -- sqft lot
    $1,621,500 Zestimate®
    $--/sqft
    $3,960 Estimated rent

    Home value

    $1,621,500

    $1.51M - $1.75M

    $3,960/mo

    Zestimate® history
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    $3,960/mo

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    $8,240/mo

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    $8,240/mo

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    What's special

    Great investment opportunity with this newer construction, updated, bright and fully rented 3 flat building on a quiet cul-de-sac street in the heart of Wicker Park. Unit 1, which is a duplex-down, features 2 full levels of living, 3 bedrooms plus den, 2 living spaces and 2 full baths making it perfect for an owner-occupied situation. Units 2 and 3 are simplexes and feature 2 large bedrooms and a full bath. All units feature condo quality finishes, open floor plans, high ceilings, central air and heat, hardwood floors throughout, newer and fully equipped island white kitchen with quartz countertops, stainless steel appliances, gas range, dishwasher, large living/dining rooms, great closet space, in-unit laundry, huge private patio and decks in the back. 3 parking spaces in the back and plenty of free street parking for guests. The building has a new roof. All HVAC units have been replaced within the last 7 years. Next to a quiet park, minutes to Jewel, Walgreens, restaurants, Blue Line, Divvy station and easy access to 90/94 highways. Apartments are easy to rent with almost 0 vacancy and potential to increase rents. Current total income is $9,290/month or $111,480/ year. Possibility of dividing duplex down into 2 units and make the building a 4 unit building which should boost income to a min of $120,000.

    Zillow last checked:

    Listing updated:

    Listing courtesy of:

    Al Zoubi 773-750-5098,

    Zoubi Realty LTD

    Bought with:

    Greg Whelan

    Redfin Corporation

    Source: MRED as distributed by MLS GRID,MLS#: 11865331MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 7
    • Bathrooms: 4
    • Full bathrooms: 4
    Heating
    • Natural Gas, Forced Air
    Features
    • Basement: Finished,Daylight

    Property

    Parking
    • Total spaces: 3
    • Parking features: On Site, Owned
    Lot
    • Size: 4,424 sqft
    Details
    • Parcel number: 17062190200000
    • Special conditions: List Broker Must Accompany

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Block
    Condition
    • New construction: No
    • Year built: 1997

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    10/24/2023Sold$1,400,000-3.8%
    Source: MRED as distributed by MLS GRID #11865331 Report a problem
    9/12/2023Contingent$1,455,000
    Source: MRED as distributed by MLS GRID #11865331 Report a problem
    9/7/2023Listed for sale$1,455,000+90.7%
    Source: MRED as distributed by MLS GRID #11865331 Report a problem
    5/13/2004Sold$763,000+60.6%
    Source: Public Record Report a problem
    3/24/1999Sold$475,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024-- $127,000 +28.1%
    2023$20,981 +2.9%$99,142
    2022$20,392 +2.3%$99,142
    2021$19,937 +3.5%$99,142 +14.7%
    2020$19,264 -0.2%$86,473 -10%
    2019$19,304 +1.7%$96,082
    2018$18,979 +28.8%$96,082 +40.4%
    2017$14,733 +7.5%$68,439
    2016$13,708 -6.2%$68,439 -14.2%
    2015$14,609 +30.9%$79,726 +32.5%
    2014$11,162 +2%$60,161
    2013$10,942 +1.4%$60,161
    2012$10,796 -6.9%$60,161 -15.9%
    2011$11,597 -7.8%$71,566 -7.4%
    2010$12,577 +4.4%$77,290
    2009$12,052 +11.2%$77,290 +2.3%
    2008$10,836 -3.6%$75,537 -4.5%
    2007$11,237 -14.6%$79,120 -13.7%
    2006$13,160 +27.5%$91,669 +45.1%
    2005$10,323 +1%$63,173
    2004$10,219 +2.2%$63,173
    2003$9,996 +8.4%$63,173 +23.1%
    2002$9,221 +3.8%$51,323
    2001$8,887 +25.8%$51,323
    2000$7,065 -0.7%$51,323 +39.5%
    1999$7,113 $36,779

    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
    $1,621,500
    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
    $1,621,500