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  • $900,000

    1440 N Washtenaw Ave, Chicago, IL 60622

    12beds
    --sqft
    Multi Family
    Built in 1995
    -- sqft lot
    $1,186,800 Zestimate®
    $--/sqft
    $2,696 Estimated rent

    Home value

    $1,186,800

    $1.08M - $1.31M

    $2,696/mo

    Zestimate® history
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    What's special

    High ceilingsSmall designHardwood floorsPrivate deckCustom closetsOrange moonSpacious rooms
    Huge 4 unit building in East Humbolt Park / West Wicker Park. Previous owners have kept the building well maintained. Estate Sale. Three 3Bd/ 2Bth units w/ hardwood floors, high ceilings, living/dining combo, fireplace, spacious rooms & a private deck. 3 gated parking spaces. Units filled with lots of light. All units have white / neutral original kitchens and baths in good condition. Custom closets throughout. *Gross yearly income when rented was $86400. $1900 for 3 units & $1500 for garden. * The unit mix consists of three 3 Bedroom 2 Bathroom units that measure approximately 1,300 square feet and one 3 bedroom 1 bath garden unit that measures approximately 1,000 square foot respectively. Three units also feature their own built-in gas-operated fireplaces. Previous tenants paid gas, electric, and heat. The property offers investors a unique opportunity to purchase a quality Multifamily asset in a prime location, w/ the ability to increase cash flow by raising rents. 3 units are vacant and lease expiring soon for the garden unit. 25x125 lot. Building according to the tax records is 4984 square feet. Coin laundry in the basement. Only a few minutes drive to the I-94 Kennedy Expressway, 0.6 miles west of the CTA's Damen Blue Line train station, and just 200 feet south of the CTA's North Avenue & Campbell bus 72 stop. The 606 trail is steps away, as is the gem of Humboldt Park and the Garfield Park conservatory. The WoW (West of Western) commercial district is home to a growing collection of small design & fashion businesses including An Orange Moon, Richard's Fabulous Finds, Rock Solid Health, Bottle and Branch, or Illumination Art & Design.

    Zillow last checked:

    Listing updated:

    Listed by:

    Frank Polancic 312-475-1717,

    RE/MAX Premier

    Bought with:

    Horacio Tristan

    Kale Realty

    Source: MRED as distributed by MLS GRID,MLS#: 11868713MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 7
    • Full bathrooms: 7
    Heating
    • Natural Gas
    Features
    • Basement: Finished,Daylight

    Property

    Parking
    • Total spaces: 3
    • Parking features: Parking Lot, On Site, Owned
    Features
    • Patio & porch: Porch
    • Fencing: Fenced
    Lot
    • Size: 3,049 Square Feet
    Details
    • Parcel number: 16012090270000
    • Zoning: MULTI
    • Special conditions: None

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick, Block
    • Foundation: Concrete Perimeter
    • Roof: Flat
    Condition
    • New construction: No
    • Year built: 1995

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Lake Michigan

    Community & HOA

    Community
    • Features: Park, Sidewalks, Street Lights
    Location
    • Region: Chicago

    Financial & listing details

    • Tax assessed value: $870,000
    • Annual tax amount: $15,484
    • Date on market: 8/29/2023
    • Listing terms: Conventional
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/22/2023Sold$900,000-7.7%
    Source: MRED as distributed by MLS GRID #11868713 Report a problem
    9/5/2023Contingent$975,000
    Source: MRED as distributed by MLS GRID #11868713 Report a problem
    8/29/2023Listed for sale$975,000+45.5%
    Source: MRED as distributed by MLS GRID #11868713 Report a problem
    9/14/2022Listing removed--
    Source: Zillow Rental Manager Report a problem
    6/16/2022Listed for rent$2,910+94%
    Source: Zillow Rental Manager Report a problem
    11/24/2021Listing removed--
    Source: Zillow Rental Network Premium Report a problem
    11/8/2021Listed for rent$1,500+7.5%
    Source: Zillow Rental Network Premium #1954 Report a problem
    11/10/2020Listing removed$1,395
    Source: Landmark Property Management Inc. #10905369 Report a problem
    10/15/2020Price change$1,395-0.4%
    Source: Landmark Property Management Inc. #10905369 Report a problem
    6/26/2020Listed for rent$1,400
    Source: Live Here Chicago #10760209 Report a problem
    5/11/2006Sold$670,000+4366.7%
    Source: Public Record Report a problem
    8/28/1995Sold$15,000
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2024$17,531 +7.6%$87,000 +13%
    2023$16,295 +2.9%$76,999
    2022$15,837 +2.3%$76,999
    2021$15,484 -1.4%$76,999 +9.2%
    2020$15,709 -2.4%$70,519 -12%
    2019$16,100 +1.7%$80,136
    2018$15,830 +43.8%$80,136 +56.7%
    2017$11,007 +7.5%$51,132
    2016$10,241 +9.3%$51,132
    2015$9,370 +39.3%$51,132 +41%
    2014$6,727 +2%$36,254
    2013$6,594 +1.4%$36,254
    2012$6,506 -29.2%$36,254 -36.1%
    2011$9,195 -0.4%$56,744
    2010$9,234 +4.4%$56,744
    2009$8,848 -7.9%$56,744 -15.3%
    2008$9,611 +1%$67,000
    2007$9,516 -14.3%$67,000 -13.4%
    2006$11,107 +51.9%$77,368 +72.8%
    2005$7,314 +1%$44,762
    2004$7,240 +2.2%$44,762
    2003$7,083 -7.8%$44,762 +4.7%
    2002$7,685 +822.3%$42,773
    2001$833 $42,773
    Find assessor info on the county website

    Neighborhood: Humboldt 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
    $1,186,800
    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
    $1,186,800